In 2024, Shiba Inu remains one of DeFi’s most exciting meme coins. The project is slowly changing its reputation as a risky investment and is now building a thriving ecosystem. Given its current growth, experts predict that Shiba Inu could hit annual highs within the next six months. However, a new meme coin could challenge SHIB, offering a unique new gaming concept that could revolutionize the P2E market.
Shiba Inu Set To Surge Following Shibarium Developments
In 2023, Shiba Inu became one of the most sought-after meme coins. The project launched several new features, including an exclusive Shiba Inu magazine, as well as Shibarium, a Layer-2 scalability platform. Since its release, Shibarium has thrived. It now has over 1.3 million unique wallet addresses and hit 7.52 million transactions in one day in December.
However, Shiba Inu’s token value has yet to replicate this growth. Over the last month, SHIB has decreased in value by 13% and has increased by just 1% in the last week. Due to this decline, Shiba Inu has fallen to the 61st-ranked cryptocurrency by daily trading volume, with a daily trading volume of $99 million at the time of writing.
Despite this negative token growth, the Shiba Inu developers continue to make new announcements. In a recent X post, Lucie, Shiba Inu’s head of marketing, announced that developers plan to integrate over 1,000 new projects into the Shibarium ecosystem. By doing so, Shibarium can become a sustainable and dynamic ecosystem.
Lucie also announced several upcoming collaborations designed to add new features to the Shibarium network. This ongoing development is great news for SHIB investors. As the Shiba Inu ecosystem grows, crypto analysts speculate that SHIB could overtake Dogecoin as the world's number one meme coin.
Meme Moguls Introduces A Unique Gaming Concept
While Shiba Inu’s price struggles to gain traction, Meme Moguls is thriving during its presale. Its token has already increased in price by 90%, and now Meme Moguls is close to raising $2 million. Due to its significant growth, Meme Moguls is selling out ahead of schedule, and now investors are preparing for several price increases in February.
Meme Moguls combines two of the world's largest markets, investing and memes, in a single unique platform. It's designed to introduce its players to investing but with a twist. Instead of buying stocks, investors will be able to buy, sell, and trade assets in a virtual meme-based marketplace.
This fresh approach to investing is unlike anything ever created and has quickly become a popular concept. As part of its investment platform, players will be able to compete in tournaments, network with new players, and build their investment experience using the game's virtual currency.
During the Meme Moguls presale, early investors will have the chance to win several unique prizes. These include cash rewards, gadgets, and holidays. Furthermore, investors will also profit from several significant price increases.
To get involved in the Meme Moguls presale, investors can purchase $MGLS tokens on the official Meme Moguls website. Tokens are currently selling for $0.0036, and are expected to increase to $0.19 within the next 12 months.
For more information about the Meme Moguls (MGLS) Presale:
