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Bear Trend Hits Shiba Inu (SHIB) and Memecoin (MEME) as Investors Seek Alternative With Meme Moguls (MGLS)

The meme season projected to come in Q1 is still being anticipated as many coins battle the bear market. Top cryptos such as Shiba Inu (SHIB) and Memecoin (MEME) are still experiencing a downtrend while more investors switch over to Meme Moguls (MGLS) which has shown immense potential since the presale started. Early investors of the MGLS token received over 90% ROI. As the project announces the date for the end of the presale, analysts examine what the future holds for the MGLS token.

Meme Moguls Presale Closes on 28th February. Last Chance To Buy $MGLS Before Listing- Visit The Website Today.. 

Meme Moguls (MGLS) Sets Date for End of Presale as Investors Strive for Last Ditch Buyout

It is now a race against time for some investors who are yet to buy the Meme Moguls (MGLS) presale as the project presale is set to end soon. The token, which has been touted as one of the best crypto investment alternatives by experts, will be closing its presale on February 28th. The MGLS token has displayed exponential growth potential since the start of its presale, having already generated over 90% ROI for early investors. 

Meanwhile, the MGLS token is gearing toward another price rally before the end of the presale and a further 100x growth when it gets listed on Uniswap. As a result, the token is witnessing a huge surge of buyouts from investors as they try to benefit from the 30% MGLS deposit bonus offer.

For context, the MGLS token is the native token of the Meme Moguls platform. The MGLS is an ERC20 token built on the Ethereum Blockchain. The new GameFi project is created to provide an immersive gaming environment where members can trade memes such as Shiba Inu and Dogecoin in a stock market-styled simulation with real-life market data. There will be a preview of the gameplay and features available within the next seven days.

As a top meme coin trending in the crypto market, the MGLS token has been bought by over 3,700 investors so far. With the Meme Moguls’ sky-high potential and surging reputation, the token may well dominate other popular meme coins like Shiba Inu and Memecoin in the near future. Overall, at the price point of $0.0036, the MGLS token is cheap and arguably the best crypto investment alternative in Q1 of 2024. In terms of security, the smart contract has been audited by SolidProof to prove the platform’s reliability. 

Shiba Inu (SHIB) Risk Dropping Below $5 Billion Market Cap as Bearish Sentiment Continues

Following an extended bear market for Shiba Inu (SHIB), the token may see its market cap fall below the $5 billion mark in Q1 of 2024. For context, the Shiba Inu price has fallen by 17% within the last month and has its total market cap slightly above $5 billion, according to market stats

As such, a further bearish trend may see Shiba Inu shed more of its total market valuation and drop below $5 billion. At the current price trajectory, the possibilities of such a scenario are substantial.

Memecoin (MEME) Experience Extended Bearishness

Memecoin (MEME) has been on an extended bearish trend since attaining its all-time price peak of $0.47 in the first week of December. As per the market data from CoinMarketCap, the Memecoin price has dropped in value by over 53% since the bullish momentum of December. 

It’s worth noting that Memecoin is relatively new in the industry, having launched in November 2023. As such, experts may not have the required precedent to measure what the price trajectory of Memecoin may be. Nonetheless, the token showed massive potential in December and may head for another round of bullish trend before the end of Q1 of 2024.

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

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