In the cryptocurrency sector, meme coins are all the rage. Prominent meme coins such as Shiba Inu (SHIB) are already household names. However, new meme tokens such as Meme Moguls (MGLS), which is now in Stage 5 of its presale, are also making headlines. Even Memecoin(MEME) and Bonk (BONK) are getting in on the action. Let’s find out how high they can go.
Meme Moguls (MGLS): One of the Best Meme Coins To Buy
Meme Moguls (MGLS) has been making waves in the meme coin market for its unique approach. It recently entered Stage 5 of its presale, which offers a 30% deposit bonus. Unlike other meme coins on the market, MGLS has tangible uses as both an in-game currency and governance token for the upcoming Meme Moguls game.
When players participate in this play-to-earn (P2E) game, they’ll go through an educational journey that covers wealth-building strategies and investments. The ultimate goal is to get on the Meme Moguls Wealth Leaderboard, where the top 20 moguls will receive a share of a cash prize pool funded by a portion of the daily revenue made on Meme Moguls.
Drifting away from its P2E model, Meme Moguls is also a meme coin valued at just $0.0036 during Stage 5 of its presale. This meme coin has already given early adopters an ROI of over 90%. Experts predict it’ll reach another 100x when it hits exchanges in Q1 2024.
So far, Meme Moguls has raised almost $2.5M and shows no signs of slowing down. As the clock winds down on Feb. 28 when the presale ends, now may be your chance to buy into what could become one of the meme coin titans.
Memecoin (MEME): On a Bullish Rally
Recently, Memecoin (MEME) has been displaying green price charts. As per CoinMarketCapdata, the value of this meme coin grew from $0.022 to $0.026 in the last seven days. Its market cap also increased from $232M to $273M in that period.
If we look at the Memecoin technical analysis, we can also notice this bullish trend may continue. For instance, over ten technical indicators are showing green for Memecoin. When making their Memecoin price predictions, experts note all these factors. Therefore, they foresee a $0.270 price for Memecoin within Q2 of 2024.
Bonk (BONK): Experiences a Massive Price Surge
Meanwhile, Bonk (BONK) has seen the same bullish trend as Memecoin. The Bonk price rose from $0.00001041 to $0.00001376 in the past week alone. The Bonk market cap surged from $660M to $871M during that time.
The technical analysis for Bonk also paints a bullish picture. This meme coin now has over 22 technical indicators in the green while it trades above its 21-day EMA. Due to all these reasons, analysts have made a bullish Bonk price prediction. They predict a potential surge to $0.000022 for this meme coin within Q1 of 2024.
Shiba Inu (SHIB): Continues Climbing the Top Gainers List
Shiba Inu (SHIB), one of the first meme coins, has risen on the top gainers list. To clarify, the Shiba Inu price increased from $0.000009204 to $0.000009991 on the seven-day charts. From a market cap standpoint, it also pumped from $5.42B to $5.89B in that period.
And if you’re looking at the technical analysis for this meme coin, there’s still a lot to like here. For instance, 25 are green. Moreover, Shiba Inu is now trading above its 50 and 100-day EMAs. As a result, experts predict that Shiba Inu may hit $0.000015 within Q2 of 2024.
Conclusion
Although Shiba Inu, Bonk, and Memecoin remain in the spotlight, Meme Moguls has an advantage. MGLS has a low market cap of $10.8M, unlike these meme coins. In other words, it will experience a price surge much faster as fewer new funds are needed.
And while the meme coins mentioned above are mostly hype-driven, MGLS has actual utility. This makes this newcomer the top meme coin to buy for fast and big returns, just like Shiba Inuand Dogecoin did in the past.
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