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Comparing Ethereum’s (ETH) Price Prediction To Meme Moguls (MGLS): Identifying The Better Long-Term Crypto Investment

The crypto market has continued its positive run in 2024, with many projects performing well. Among them, the leading one is Meme Moguls. Experts have expressed that the project’s worth will surpass Ethereum’s value in the coming years. Hence, there is a strong demand for the presale tokens of Meme Moguls.

Ethereum Collaborates With GoDaddy For Domain Services

Ethereum has taken a big step in expanding its ecosystem and increasing the use of the blockchain. Recently, Ethereum partnered with GoDaddy, a leader in domain registration and web hosting. Through this partnership, Ethereum will enable users to link their domains to Ethereum Name Service without any additional cost. Although it was possible previously too, it could cost up to $1,150 to users.

Notably, ENS is a pioneer in blockchain-based naming systems. According to experts, this collaboration will significantly bridge the gap between blockchain technology and Domain Name System (DNS). Subsequently, the user base of Ethereum can also surge significantly.

Meanwhile, ETH is trading high on the speculations regarding the spot Ethereum ETF, which can secure approval this year. In the past month, the market value of Ethereum has increased by more than 3%. Consequently, the current market price of ETH is standing at $2,312.55.

However, a recent event has cast a shadow over Ethereum’s good run. As per the latest post from Spot On Chain, an Ethereum whale has deposited a staggering 32,930 ETH tokens to Binance. This has sparked concerns about a potential price crash of ETH.

Meme Moguls Presale Continues Profit Run

About 64% of crypto investors have meme coins in their portfolios with a solid expectation for a high return. However, this does not discount the fact that meme coins are risky investment options. Meme coins are generally devoid of any real-world use cases, and their value depends on market hype. But Meme Moguls is an exception to this.

It is a one-of-a-kind play-to-earn (P2E) meme coin with multiple utility. It plans to launch a simulated trading-based gaming ecosystem. To illustrate, its Beat the Market game mode will require players to make trading decisions and outperform indices like S&P 500.

If players successfully do so, they can earn money and win rewards. Besides, players can sell, buy, or swap their in-game items in the project’s marketplace.

<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>MOGULS!! 🔥<br><br>Are you ready to change the landscape? 🧑‍🌾 With one of the biggest airdrops of 2024 👀 Get ready!! <a href=”;src=ctag&amp;ref_src=twsrc%5Etfw”>$MGLS</a> Farming. Coming soon… <a href=””></a></p>&mdash; Meme Moguls (@meme_moguls) <a href=””>December 8, 2023</a></blockquote> <script async src=”” charset=”utf-8″></script>

Meme Moguls is creating a metaverse where users can connect, mine meme tokens, and generate significant earnings. Additionally, they can collectively start trading tournaments and create prize pools, where the winner will take all. By leveling up their in-game ranking, players can get the title of “mogul,” and the top 20 will get extra monetary benefits. Its native token is MGLS, which will act as an in-game currency and governance token for the platform.

The platform has announced the cap of the total token supply at 3 billion. Of these, 60% are reserved for the presale phase, which is currently undergoing its fifth stage. At present, an MGLS token will cost buyers $0.0036, up by 90% from its starting price.

Additionally, the platform will offer a giveaway of $10,000 after each presale stage. Meanwhile, analysts expect the project to rise by 10000% during its first year.

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