Colombia’s president accepts Bitcoin gift, traders considering Shiba Inu and Meme Moguls

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Colombia’s president, Gustavo Petro, has made headlines by expressing his support for Bitcoin (BTC) adoption, embracing crypto’s potential. This development has also sparked renewed interest in altcoins like Shiba Inu (SHIB) and Meme Moguls (MGLS).

Colombian president accepts Bitcoin gift

Colombian President Gustavo Petro recently made headlines after receiving a gift of 100,000 satoshis in BTC from Samson Mow. 

This symbolic gesture aimed to initiate President Petro into crypto.

Acknowledging this digital gift, the president expressed his belief in the technology’s potential for Colombians.

Amid this, Bitcoin prices have been rallying, edging past $44,000 on Dec. 6.

Shiba Inu’s new milestone

Shibarium, the layer-2 scaling solution designed for Shiba Inu (SHIB), has processed more than 5 million transactions, according to recent data from ShibariumScan. 

This accomplishment demonstrates its ability to handle the increasing transaction volume on the Shiba Inu network.

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Meanwhile, SHIB prices rose from $0.0000081 on Nov. 23. to $0.000008317 on Dec. 1. The Shiba Inu Fear & Greed Index is at 71, indicating growing enthusiasm among traders. 

Analysts forecast SHIB to reach $0.000009 by the end of 2023. 

State of Meme Moguls presale 

Meme Moguls offers a meme-driven stock market platform to foster community engagement and creative trading. 

In stage 1 of its presale, MGLS is available for $0.0021. Meme Moguls raised over 250,000 USDT in one week in the Beta stage. 

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Compared to Bitcoin and Shiba Inu, MGLS has a lower market cap, which could mean it has more potential for growth and requires fewer additional funds to increase its value. 

Analysts are bullish on MGLS, expecting more once it lists on exchanges.

The meme market may reach $6.1 billion by 2025, according to Statista. 

With features like the Moguls Casino or Mogul Land, Meme Moguls aims to be a leading player in the industry.

For more information about the Meme Moguls (MGLS) presale:

Website: https://mememoguls.com/

Buy presale: https://app.mememoguls.com/sign-up 

X: https://twitter.com/meme_moguls

Read more: Dogecoin hits $0.09, two meme coins in focus

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