Home > Information news > Meme Moguls may flip Shiba Inu and Dogecoin

Meme Moguls may flip Shiba Inu and Dogecoin

Release: 2024/01/10 06:01 Reading: 324

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/659d6096e8b3c10989f15652

Meme Moguls may flip Shiba Inu and Dogecoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

This article compares on-chart data of Shiba Inu (SHIB), Dogecoin (DOGE), and Meme Moguls (MGLS) to see which cryptocurrency investors can consider. MGLS may outperform SHIB and DOGE in its ongoing presale.

Meme Moguls could flip Shiba Inu and Dogecoin 

Meme Moguls is an upcoming platform that will encompass various earning opportunities. Throughout its ecosystem, anyone will gain the opportunity to start engaging in simulated trading. 

The platform will feature viral memes and iconic internet moments. Doing so will enable simulated trading, where users can improve their trading strategies powered by MGLS. 

You might also like: Uniswap rising, investors examining Toncoin and Meme Moguls

With it, players can access features and influence the network’s decision-making process since the token also serves as a governance tool.

The project recently completed stage 3 of its presale. Now, at Stage 4, MGLS is available for $0.0027. 

Analysts expect more growth once the token lists on tier-1 exchanges. 

Shiba Inu may rally by 740%

Shiba Inu has broken out above a resistance trendline, signaling it could soon reach new record price highs. 

Analysts suggest there is potential for an even larger price spike as SHIB is at a critical juncture in 2024. 

You might also like: Analyst: Shiba Inu to make wild price swing

Long-term forecasts hint at a bull run ahead, with one prominent analyst “SHIB Bezos” on X predicting SHIB could climb over 740% based on technical indicators like the RSI showing a pullback from overbought levels and the MACD reflecting neutral momentum. 

Dogecoin to $9?

Despite recent flat price performance, analyst JD is highly bullish on DOGE based on an analysis of monthly charts. 

JD points to bullish crosses on the MACD momentum indicator that preceded massive rallies in 2017 and 2021. 

Similar signals now suggest another rally to $9 is possible; if this happens, DOGE will rise to all-time highs. 

DOGE is currently trending below $0.10.

Summary

SHIB and DOGE are bullish. Meanwhile, Meme Moguls is gaining attention for its community-driven approach and ecosystem, including Moguls Land, a dedicated Metaverse for players to mine tokens and connect. 

Read more: Dogecoin and Polygon price prediction, Meme Moguls stage 3 sells out 

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.