Will Dogecoin (DOGE) Profit in 2024? Will Meme Coins Rise?

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Many experts believe that the adoption and popularity of meme coins may reach a new peak in 2024. Leading meme coins like Dogecoin (DOGE) are trying to make the most of this positive market sentiment. According to the sponsored content sender, a project being pursued allegedly involves Meme Moguls.

Meme Moguls’ Pre-Sale Draws Attention

Did you know that an investor made $1.5 million with an investment of just $4,410? According to the sponsored content sender, the profitability of meme coins is claimed to be like this; That’s why their popularity is increasing. According to his team, Meme Moguls, a new meme coin project, will try to further increase the growth of this sector.

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

Meme Moguls is a play-to-win meme coin that will soon introduce an innovative trading game. This game will help users understand and improve their investment skills. From single matches to tournaments, Meme Moguls users can participate in a variety of trading games. Here, players win meme rewards and cash prizes.

According to what is reported, those who earn the most will gain “mogul” status. Interestingly, the project will have a Wealth leaderboard where the top 20 moguls will share the cash prize pool. In Moguls World, players can connect and mine tokens. Additionally, if players sell or buy rare NFT characters, they can improve their trading conditions.

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

MGLS tokens will support the platform’s ecosystem. Holders can earn additional income by staking their tokens. The pre-sale of tokens has already started and is currently in phase 4. Sponsored content claims that there will also be raffles worth $10,000 at the end of each pre-sale phase. Since the project is new, it is uncertain whether it will be successful or not.

According to the project developers, the total supply of tokens will be 3 billion, of which 60% is reserved for the pre-sale round. The current MGLS token value is $0.0027. His claims are expected to increase exponentially in his first year. This is not certain; if it fails, the investment carries the risk of loss.

New Dogecoin (DOGE) Addresses Increase

The past few weeks have been very optimistic for Dogecoin. As a result, the biggest meme coin has moved up on the price chart. In the last 30 days, Dogecoin’s exchange rate has increased by approximately 7%. Hence, the current trading price of Dogecoin has risen to $0.0917. Analysts attribute the increase in DOGE’s value to network growth.

Recently, a prominent analyst, Ali, revealed that the Dogecoin network is experiencing a surge in new addresses, indicating that adoption is increasing. This shows that the network has managed to attract new investors recently. However, it is noteworthy that Dogecoin’s number of new addresses has increased since last month.

According to data from IntoTheBlock, the number of new addresses on the Dogecoin network doubled between November 13 and December 20. However, the analyst stated that the effect of this increase will be seen in the long term.

Meanwhile, Dogecoin founder Billy Markus hinted that he wants to fully use artificial intelligence in 2024. Because of his comments, many believe that Dogecoin will soon begin integrating AI technology into its ecosystem.

Click to review the Meme Moguls token.

*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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