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A unique subset of cryptocurrencies, meme tokens are easily identifiable thanks to their comedic elements that reflect well-known internet jokes and pop culture references. Not only do they serve practical purposes in the crypto space, but they are also notable for the rapid increase in market value from the initial pre-sale stages. The Erc-20 Meme Moguls (MGLS) token fits into this somehow, the team says, and is in its first pre-sale phase. Experts say that MGLS is on its way to provide users with a 10x return upon launch.
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Examine Moguls with MGLS (advertisement)
Cardano’s SNEK Gains 170% Increase in One Week and Receives Appreciation from Charles Hoskinson
Snek (SNEK), a meme coin built on the Cardano blockchain, is the founder of Cardano and a prominent figure in the industry. Charles Hoskinson caught his attention. The SNEK community is actively implementing seven different burn mechanisms to reduce the supply of 70.8 billion tokens in circulation. These mechanisms include a token bridge, staking pool, liquidity provider transaction fee rewards, lending, and the ADA lottery system.
The token had a six-hour presale on April 27, 2023, with a minimum purchase of 20 ADA tokens. The pre-sale in particular attracted significant attention on X. SNEK community According to his post about X SNEK emerged as the most traded asset in the Cardano ecosystem in October, reaching a market cap of $196.6 million. The recent 170% increase in price has elevated Cardano’s status as a chain to watch in the coming weeks.
Ethereum Not Left Out of the Meme Race as Meme Moguls Take Control
Ethereum meme token MGLS has allegedly gained a lot of attention in the community lately and may have put Ethereum back on the map for the best meme crypto to follow in 2024, according to the project team. Meme Moguls (MGLS) is an Erc-20 project combining elements of GameFi and meme and real use cases.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Meme Moguls offers a platform where users can engage in enjoyable activities and have the opportunity to earn and stake currency for potential monetary rewards. The project strategically aims to increase the demand for the local currency MGLS by simplifying the integration of NFTs into its ecosystem. This is thought to increase trading convenience and profitability by allowing users to buy and sell rare NFT characters.
MOGULS!! 🔥
Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt
— Meme Moguls (@meme_moguls) December 8, 2023
Since there is a limited limit of only 175 million tokens, the tokens are reported to be selling quickly and the first pre-sale phase has almost reached its first milestone.
Click to review Meme Moguls.
BONK Can Bear the Weight of Solana Chain Until the New Year
With its unique approach to meme tokens, Bonk (BONK) has managed to attract attention not only with its memetized approach but also with its remarkable market performance.
Since its launch, BONK has witnessed an impressive increase in its market value; The latest reports show that Solana memecoin has surged 35% in one day and 1,000% in the last 30 days, making it the 77th largest cryptocurrency. Based on market value at the time of this writing. There is no doubt that BONK is now in the spotlight as one of the best altcoins to buy.
While Solana and Cardano are doing wonders for the next bull run, Ethereum-based memecoin Meme Moguls has high hopes of racing far away and to the moon. Considering the buying rate for MGLS tokens, it won’t be long before it becomes the headline of the crypto industry.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!