In the last decade, the cryptocurrency market has minted a great number of millionaires. Now we have entered another bull market, and several more millionaires are set to be born.
However, only the right investments can make you a millionaire via cryptocurrency. A crypto expert has eased your search, picking Shiba Inu and Meme Moguls as assets to hold on your path to becoming a crypto millionaire. Read more to find out why.
Shiba Inu Could Create More Crypto Millionaires in the Next Bull Market
15 months after the Shiba Inu cryptocurrency launched, it has raked in gains of more than 14,000,000%. If you invested $100 in the first week of its launch, you would have made over $14 million by 2021. While Shiba Inu is down from that peak experts still remain bullish about the meme coin.
The Shiba Inu price has been forecasted to cancel out several zeros and move from $0.000008200 to $0.01 in the coming bull market. This means that if $1,000 is invested in Shiba Inu right now, you could end the bull market as a crypto millionaire. Other analysts, including WatcherGuru, have predicted a $0.01 price tag by 2030.
Several reasons including the transformation from a meme coin into a project with utility. Also, the token supply in circulation has to be reduced drastically via Shiba Inu burn for this to happen. This means that the Shiba Inu value could rise significantly as a result.
Meme Moguls: Your Best Bet To Becoming a Crypto Millionaire
Dogecoin and Shiba Inu in 2021, and Pepe in 2023, meme coins have a history of massive price rallies. The next big thing in the meme coin space projected to follow this trend is Meme Moguls (MGLS).
Analysts have rated this project highly because it offers more than other meme coins, it is uniting the entire sector. Memes Mogul is building a marketplace for meme-based assets. The aim of the platform is to help investors take control of their portfolios while becoming trading moguls.
Furthermore, the ecosystem includes a gaming platform and casino where players can enter competitions and tournaments to earn additional rewards. Within this ecosystem, users will connect, share information, and collaborate with each other.
The aim is to become a vibrant community where investors can share their insights with each other. As an umbrella for the entire meme coin sector, MGLS has been projected to experience a 100x rally in the bull market. While it trades at only $0.0019 per token, you have a great opportunity to stack MGLS.
The Potential of Small Investments
Crypto history has taught us that the potential returns from investing in cheap coins are nothing short of remarkable.
In the event that Memes Mogul (MGLS) and Shiba Inu (SHIB) shed their decimal places, your investment could be multiplied. Bitcoin traded as low as $0.0008 in July 2010.
Leaving a $1,000 investment in Bitcoin over the last decade would make you a millionaire today. In the same way, these two projects have shown the potential of making millionaires of investors who can commit long-term.