Shiba Inu (SHIB) and Meme Moguls (MGLS): 3 Reasons These Projects are Dominating Memes Right Now

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February 11, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email [email protected]

What do the established project Shiba Inu and the presale P2E game Meme Moguls have in common? Fun, utility, and a loyal community. We’ll discuss what that means for the future of these projects, their development, and price action.

Utility - Shiba Inu vs Meme Moguls

Although Meme Moguls is yet to be released, both tokens offer utility within their ecosystems, unlike many meme coins. Shiba Inu can also be used with some apps in order to buy things ‘IRL’.

Both SHIB and MGLS can be used for staking, (which can provide passive income), and liquidity providing. MGLS can be used for governance and is also needed to buy and sell NFTs and game items in their marketplace. Although Shiba Inu has their own blockchain, they have a token called BONE which is used for gas and governance. 

Holding MGLS will also give “access to exclusive features, events, and early access to new releases within the Meme Moguls ecosystem that can enhance your gameplay” according to their whitepaper.

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Fun - Shiba Inu vs Meme Moguls

For many, memes and animal videos are some of the best things that have come out of the internet (well ok email, browsing, and maps are pretty handy too!) But memes bring connection through humor, an ability to comment funnily about something topical, and sometimes just welcome in whimsy.

Shiba Inu is very fun with its stories, games magazines, and cute merch that you can buy. They also have various NFTs, including Shiboshis on Ethereum and the free NFTs that you can mint from reading their online newspaper - news.shib.io.

<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&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MGLS</a> Farming. Coming soon… <a href="https://t.co/9UPUeV5klt">pic.twitter.com/9UPUeV5klt</a></p>&mdash; 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>

But after all of this then what? The Shiba Inu team is building a metaverse and land is currently for sale at 0.02 eth. We don’t know yet how fun or successful that will be but if the Shiba Inu team keeps putting in the effort, it might be really great.

Meme Moguls is also in development and also promises lots of fun through its simulated stock trading game. Players battle to become the top fantasy traders, and can also create tournaments with their friends.  

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People can develop their skills as they play, learning to trade better thanks to advice from the ‘Moguls’, and also benefit from building up their characters with meme-based assets. These are just a couple of the ways that we will be able to test the fun levels of Meme Moguls.

Community - Shiba Inu vs Meme Moguls

The Shiba Inu ecosystem has a massive community that has built up over many years. Meme Moguls is new, but the community promises to be a good one, bonding over the fun of gameplay, learning to trade together and a general interest in the overall crypto market. 

Friendship experts know that collaboration on a task brings people closer together fast so while the Shiba Inu community is definitely the largest, Meme Moguls has the ability to come closest together.

Shiba Inu and Meme Moguls Price action

Despite all Shiba Inu’s development issues, the price has been lackluster over the last few years, down on the yearly. Many experts believe that is because the token is just too large now to easily reflect price changes, although they assume that in a full bull run, Shiba Inu will rise again.

Meme Moguls is brand new, in presale and so being small and yet promising, the project could easily do a 100x when it comes out of presale. Shiba Inu millionaires achieved this by being early. Those who missed out of SHIB have a fresh and new opportunity with MGLS.

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This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email [email protected]

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].
This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].

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