Can BONK Leave the Bear Market Behind in 2024? Pepe Coin Tests Monthly Top Meme Moguls (MGLS) Phase Three Sell-Off Continues

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BONK is up an impressive 12,179% since its debut and has gained high momentum thanks to its widespread popularity and community engagement. However, the once-intense frenzy for BONK appears to be cooling down as it faces an ongoing bear market throughout the week.

On the other hand, Pepe coin is showing signs of reaching a new monthly high at the end of the month. According to the sponsored content submitter, Meme Moguls is in the midst of a rapid phase three pre-sale and is allegedly trying to attract attention.

Could BONK Make a Bullish Move in 2024?

After reaching its first all-time high on December 15, BONK continues to experience a slow decline. Although the Bonk price has not dropped significantly: in the last 30 days, BONK is up a staggering 234.77%, but in the past seven days it is down 30.60% to hover around $0.00001342 — which is 55.65% below the ATH price of $0.00003024.

BONK price continues to fall with a weekly bear trend and market activity is down 18.82%. It seems unlikely that BONK will be able to return to its bull run this month. However, anything is possible in the highly volatile crypto market.

PEPE Shows Signs of Reaching Second Monthly Peak Price

PEPE coin started at a peak price this December and reached approximately $0.000001670 on December 9th. On the 23rd, PEPE attempted but failed to make a new high and maintained its elevated price of $0.000001548.

PEPE price is currently hovering between $0.000001466 and $0.000001417, making an attempt to make a second top. To be clear, PEPE remains bullish, rising 31.97% in the last 30 days and 12.05% in seven days.

Since PEPE’s trading volume increased by 44.71% in the last 24 hours, PEPE price is expected to maintain its bullish trend. While Pepe aims to be among the top cryptocurrencies in the meme coin market, Meme Moguls shows more promise as a utility token.

Meme Moguls (MGLS) Third Pre-Sale Continues

As a one-of-a-kind meme utility token and a trendsetting coin, Meme Moguls is currently in its third pre-sale, allegedly selling out fast, with each $MGLS token selling for $0.0025, according to the sponsored content poster. Meme Moguls is claimed to stand out as the notable meme coin in the crypto space by offering more than just hype.

Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!

As a Play-to-Earn (P2E) token on the Ethereum blockchain, $MGLS plays a dual role as both an in-game currency and a governance token within the Meme Moguls ecosystem. With features such as simulated trading, users will be able to compete in virtual trading games, implement investment strategies, and compete for cash prizes and meme prizes.

This platform allows community members to organize tournaments, creating a vibrant and competitive community. Whether beating the market, participating in head-to-head competitions, or climbing the rankings to become a “mogul,” users can monetize their trading expertise and earn passive income.

Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!

Meme Moguls can be examined for meme coins thanks to its innovative approach. The addition of a marketplace for buying and selling in-game items and improving trading conditions for rare NFT characters adds a layer of complexity and excitement.

Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!

According to the project, Meme Moguls is claimed to be a trackable cryptocurrency for investors and buy-sell by offering an expanding ecosystem with the staking feature where players can deposit tokens to earn $MGLS and participate in the cash reward pool. Due to the uncertainty of the project’s future, do your detailed research before taking any action.

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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!

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