Meme Moguls (MGLS) emerges as a crypto powerhouse, with an impressive 90% surge from its starting price. Aside from this, investors are thrilled by the project’s utility features, picking it as one of the best DeFi tokens to invest in right now. Meanwhile, Meme Moguls is expected to dominate both Shiba Inu (SHIB) and Pepe (PEPE) as market dynamics tend towards bullishness.
Meme Moguls (MGLS): A New Utility-Based Memecoin
The Meme industry is projected to be worth $6.1 billion in 2025 and that makes it a lucrative industry to delve into. Meme Moguls is offering investors a pathway into the industry with the creation of a utility-based meme project.
Meme Moguls has attracted an inflow of investors with almost $2 million raised since the presale started. Now at the 5th stage of presale, the MGLS token price has skyrocketed to $0.0036 and analysts have predicted a 100x return for holders within the first year which could rally the tokens price to $0.19. So far, early buyers of the token have recorded a 90% profit. Investing in MGLS tokens now will position you for a massive profit before the end of 2024.
Every crypto admirer saw the boom of the memecoins in the last bull run with Pepe skyrocketing by more than 1000%. As the next bull run is anticipated, analysts have predicted MGLS tokens to have a similar bull run as Pepe. With Meme Moguls having a utility-based token in MGLS, the token is expected to experience exponential growth, making it one of the top cryptocurrencies to invest in now. The token acts as an in-game currency and governance token for the platform.
The platform itself offers a lot of exciting perks and thrilling events for users. By allowing users to mine free tokens at Moguls Land, Meme Moguls is one of the best DeFi tokens, and analysts are backing the token to return high profits before the end of the year. In terms of security, the smart contract has already been audited by SolidProof to prove the credibility of the Meme Moguls ecosystem.
Analysts Predict Pepe (PEPE) to Undergo A Bullish Run
Pepe (PEPE) enjoyed a stellar performance in 2023, surging to its all-time high of $0.000004354 in May. The Ethereum-based meme coin rewards investors with astronomical profits as the crypto meme market went on a surging run. Now that the next bull run is being anticipated, investors are positioning themselves for another Pepe rally. As a result, analysts have predicted that the Pepe price will likely set a new all-time high before the end of 2024.
Meanwhile, the Pepe market cap has been on the increase in the past 7 days as investors buy the dip and position themselves for future profits.
Whales Accumulating Shiba Inu in Anticipation of Bull Run
With the crypto meme market expected to surge in the next bull run, more whales are accumulating Shiba Inu (SHIB) in droves. About a week ago, Justin Sun, the Chinese-born founder of Tron (TRX) purchased another 750k worth of Shiba Inu, having accumulated millions worth of the token last year.
Although Shiba Inu is still 813.67% from its all-time high it set in 2021, analysts expect the Shiba Inu price to get closer or even set a new all-time high when the bull run comes.
