The overall crypto market is experiencing a revival. Hence, cryptocurrencies like Solana (SOL) and Binance Coin (BNB) have been able to post some positive gains. However, one project that has stolen the limelight is Meme Moguls.
This new project, which is still in its presale phase, is an interesting take on a rather exciting avenue. Let’s see dive in.
Solana (SOL) Goes Up
The Solana (SOL) community has been ecstatic lately with the rise of the largest meme coin on the network – BONK.
This has easily been the hottest story of this latest crypto rally as the meme coin ventured into the top 100 and reached almost $2 billion in total market cap.
The Solana network, in general, saw tremendous growth over the past few weeks and many are optimistic that the rally for it is just getting started.
Binance Coin (BNB) Sees Rise In Daily Transaction Count
Binance Coin can see a significant price rise in the coming weeks. As per the latest on-chain data, BNB Chain has witnessed an increase in the daily transaction count, supporting Binance Coin’s growth.
On December 8, the Binance Coin registered its all-time high transaction count, i.e., 32.7 million. Considering the legal tussles that Binance Coin is facing, this growth holds much significance. Besides, during the previous seven days, the price of Binance Coin has increased by 2%.
Meme Moguls Sparks Bullish Sentiments With Its Presale Success
The data from the Dogecoin blockchain reveals that there are around 478 Dogecoin millionaires. Although meme coins are considered profitable, investors always have doubts about their market viability.
Mostly, meme coins are based on hype and do not serve any tangible purpose. Hence, they also become the worst sufferers in the case of a market downfall. To eliminate this notion, Meme Moguls will soon launch a first-of-its-kind P2E meme coin.
The Meme Moguls ecosystem will present a one-of-a-kind game where people can learn and earn. It has planned to launch a simulated investing game. The game enables players to compete with other users in virtual stock market trading and win cash prizes and other monetary benefits.
To illustrate, the game’s “Beat the Market” mode challenges players to outperform an index like the S&P 500. If the players successfully do so, they earn rewards. The platform boasts many such play-to-earn features.
MGLS will be the native crypto of the platform. Its holders can earn extra income by contributing their existing tokens to the platform’s staking pool. The farming program also allows users to earn coins for working on the project.
To prevent any rug pulls, Meme Moguls will lock liquidity pools for five years and team tokens for two years.
The presale of MGLS tokens is currently undergoing stage 2 at the price of $0.0023. Notably, there are no buy or sell on-chain taxes on the platform, and users can also win giveaways worth $10,000 at each presale stage.
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