The crypto market has been on a constant pendulum, swinging between bullish and bearish sentiments. For meme coins like Bonk (BONK) and Shiba Inu (SHIB), it's been a bearish trend. However, the Meme Moguls (MGLS) token is now the source of hope for investors due to its momentous growth in the crypto market. While at stage 5 of its presale, the platform will give away $10,000 worth of MGLS tokens to users who complete different tasks. With its unique offerings and price growth potential MGLS is one of the best cryptos to invest in in 2024,
Meme Moguls (MGLS) Soars in Stage 5 of Presale With Close to 4,000 Token Holders
The Meme Moguls (MGLS) token is proving to be one of the top meme coins as it enters stage 5 of the presale. At each presale stage, the platform will give away $10,000 worth of MGLS tokens to users who complete challenges and quests in Zealy. The Stage 5 Mega Giveaway Campaign promises to be a one-of-a-kind reward model for the platform's valued members.
For context, Meme Moguls is a virtual play-to-earn (P2E) platform that provides community members with an immersive gaming ecosystem to trade memes in a stock market-styled environment. At Meme Moguls, individuals can earn rewards, NFTs, and valuable tokens while they trade memes on the platform.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">MOGULS!! 🔥<br><br>Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! <a href="https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw">$MGLS</a> Farming. Coming soon… <a href="https://t.co/9UPUeV5klt">pic.twitter.com/9UPUeV5klt</a></p>— Meme Moguls (@meme_moguls) <a href="https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw">December 8, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Notably, the Meme Moguls community is also seeing exponential growth as over 3,700 individuals now hold the MGLS token. It is expected that the number will reach 4,000 by next week.
At the price of only $0.0036, now represents the best time to buy the MGLS token and gain from the 30% bonus while also positioning oneself for the potential price gains. Overall, experts believe the MGLS token is one of the top cryptos to invest in 2024, ahead of other meme coins like Shiba Inu and Bonk.
Shiba Inu (SHIB) Struggles to Keep Investors as Token Experience Bear Trend
Following an over 14% loss in the price value of Shiba Inu (SHIB) within the past month, investors have been recorded to seek alternatives for profits. The Shiba Inu price value has since been on a decline, with over 24% loss in a year-to-date price chart.
While the Shiba Inu trading volume is on a positive trajectory, crypto experts don't see it triggering a resurgence soon. Meanwhile, the only phenomenon that may put Shiba Inu into bullish sentiment could be a return of the meme season, which analysts project will come soon.
Bonk (BONK) Flattening it's Significant Price Bull of Over a Year
The Bonk (BONK) meme coin has seen a significant price downtrend since its December peak. For context, the Bonk price chart shows that the Solana-based meme coin has lost over 51% since it reached its all-year peak on December 15th.
However, zooming into the price chart of Bonk in a year-to-date metric shows that the token has gained over 1,000% to stay as one of the top meme coins within that time frame. However, last month's price data gives insight into Bonk's true price trajectory, and it's not encouraging. At the current trajectory, the token might see more price decline in Q1 of 2024.
