Will Ethereum (ETH) Retest $2800? Crypto Whales Are Accumulating Klaytn (KLAY) Token and Investigating Meme Moguls (MGLS)!

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The pre-sale of Meme Moguls, whose future is uncertain according to the sponsored content sender, is ongoing. It is wondered whether the project will be successful after the ongoing pre-sale and whether the team will remain loyal. The project is new and there is a risk of investment loss.

Will Meme Moguls Succeed?

According to the sponsored content poster in his early listing, the Shiba Inu turned $100 into millions in just one year. Therefore, the demand for all meme coins is very high in the crypto world. It is not known whether Meme Moguls, a new meme coin with an uncertain future, will be in this growing market trend. It purportedly seeks to combine the growth potential of meme coins with the real-world and tangible uses of other cryptos. Avoid taking action on projects whose project and team you do not trust.

According to the sponsored content poster, Meme Moguls is a P2E meme coin that wants to launch a stock trading-based gaming ecosystem soon. Here, players can trade virtual stocks and improve their investment skills. By making successful transactions, players will earn real cash rewards and meme rewards such as DOGE and PEPE. It is not certain, it may fail.

According to the content poster, players in the Meme Moguls world will earn the title of “mogul” and be able to earn passive income by sharing their expertise. Meme Moguls will also introduce a Wealth leaderboard that will reward the top 20 moguls who will receive a portion of the platform’s daily revenue. Thus, you can create many sources of income on this platform. The project may fail, so do your detailed research before taking any action.

The MGLS token will be the native crypto of the platform. Token holders can earn additional income by staking their tokens in the liquidity pool. The pre-sale round of tokens has already started and is currently ongoing in phase 5. It is also claimed that there will be no sales or purchase taxes on the transaction of these tokens.

The total supply of tokens is set at 3 billion, 60% of which is reserved for the pre-sale phase. At press time, the market price of one MGLS token is $0.0036. However, the project is new and its future is uncertain, we need to be cautious, there is risk.

Ethereum Staking Increases After Shapella Upgrade

Latest market data showed that Ethereum staking rate remains high even after the Shapella upgrade. This is significant considering analysts are expecting an increase in unstaking of Ethereum tokens post-upgrade.

According to data, the percentage of Ethereum coins locked in staking has reached 24% and is still increasing. On the other hand, the supply of ETH tokens on centralized exchanges dropped to only 11%. This shows that Ethereum investors are hoping that the value of ETH can surpass $2,800 in the coming months.

Meanwhile, Ethereum’s price trajectory has made an upward jump. Over the past month, Ethereum’s market cap has increased by 3%. Thus, the current trading price of Ethereum is hovering around $2,312.55.

Klaytn is Experiencing a Great Increase in Its Trade Volume

The Klaytn network has been in the news since it proposed a merger with Finschia. Through this collaboration, Klaytn will introduce a new blockchain that will support both EVM and CosmWasm frameworks.

Klaytn network believes that this partnership will create the largest web3 ecosystem in Asia. Immediately after the merger announcement, Klaytn’s trading volume increased by 1,064.64% in just 24 hours.

Klaytn’s market value also increased by 17%. As a result, investors are showing good interest in Klaytn and accumulating large amounts of KLAY tokens. Currently, one Klaytn token can be traded at $0.19.

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 investing!

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