Explore 2 Budget-Friendly Cryptocurrency Investments: A Closer Look at Shiba Inus and Meme Moguls

By Crypto Gloom On Dec 11, 2023

Shiba Inu’s potential in whale activity

Shiba Inu (SHIB), As one of the popular cryptocurrencies under $1, the cryptocurrency has been experiencing notable fluctuations recently. Over the past month, SHIB has surged 20% in value before experiencing a brief retracement in December.

Notably, this surge coincided with a significant increase in large-scale “whale” trading. In December alone, a total of over 11.9 trillion SHIB transactions were tracked between wallets, representing a 363% surge in whale trading volume. This increase in activity on the SHIB network is due to a number of developments, including the milestone of the Shibarium layer-2 network reaching 50 million transactions, resulting in an 18% increase in SHIB value this week.

Exploring Meme Tycoons: A New Investing Approach

meme tycoon Another sub-$1 cryptocurrency exchange, (MGLS) stands out for its innovative approach. The platform aims to provide novice investors with an engaging and educational investment experience through gamification.

Users can engage with the platform by creating personalized avatars and exploring a variety of games while managing their portfolio of memes. Meme Moguls seeks to mix investment strategies with gaming elements, taking inspiration from famous investors like Elon Musk and Warren Buffett.

Players can strive to earn “Mogul status” by climbing leaderboards, earning rewards, trading and selling NFTs, participating in tournaments, and completing challenges to strengthen their investment knowledge.

Insights into Meme Moguls Governance Token (MGLS)

Within the Meme Moguls ecosystem, the Meme Moguls Governance Token (MGLS) plays a pivotal role. It serves as the currency for in-game transactions and governance. Token holders will be granted the ability to vote on future platform policies and potential game modifications.

Big guys!! 🔥

Are you ready to change your scenery? 🧑‍🌾 Get ready 🙌 with one of the biggest airdrops of 2024!! $MGLS Agriculture. Coming soon… pic.twitter.com/9UPUeV5klt

— Meme Moguls (@meme_moguls) December 8, 2023

In the initial pre-sale phase, MGLS tokens were sold for $0.0021, with analysts predicting a potential price increase in the follow-up phase. To attract investors, the project offers a $10,000 reward after each pre-sale stage, providing additional incentive to potential participants.