Milkyway is introducing a liquid staking protocol for Celestia (TIA), while Shiba Inu (SHIB) is struggling with the growing adoption of Meme Moguls (MGLS).
MilkyWay, a decentralized exchange platform, has introduced a liquid staking protocol for Celestia (TIA) tokens, allowing users to stake and receive milkTIA, a more efficient alternative to traditional staking. In other news, the massive adoption Meme Moguls (MGLS) is expected to amass may be too difficult for Shiba Inu (SHIB) to keep up.
Celestia users can now flexibly trade and stake their TIA tokens.
Celestia, a modular network that helps other blockchain networks with data and contracts, launched for everyone to use on the Cosmos network in October. However, validators had to use Celestia tokens (TIA) for security purposes.
But now, with MilkTIA, users can keep their Celestia tokens flexible without them being stagnant for long periods of time. You can trade or spend them on DeFi apps, and unlike other networks, you don’t have to wait 21 days to get your tokens back.
MilkyWay created this without any special main blockchain. They used smart contracts on Osmosis, which is like a financial hub for the Cosmos network, to make staking more flexible on the Celestia network.
This caused the price of Celestia to rise by 15.62% in the last 24 hours which ultimately influenced its trading volume which increased by 9.89% in the last 24 hours. Overall, Celestia is a good cryptocurrency to buy as it has much more upside and potential for adoption.
Shiba Inu (SHIB) Volume Down Today Despite Price Rise and Whale Activity
Shiba Inu prices had a pretty good week today despite trading volume not keeping up. Could the recent large-scale whale Shiba Inu trade have an impact on this?
The price of Shiba Inu has increased by 6.36% in the last 24 hours, followed by a weekly price surge of over 7.90%. The monthly price of Shiba Inu also increased by 21.75%. Overall, this signals strong momentum for Shiba Inu and a promising near future for Shiba Inu prices.
However, as of today, Shiba Inu trading activity has decreased by more than 38.21%, reaching $244 million in trading volume. However, considering the recent whale activity and the series of positive momentum thus far, this does not appear to have a negative impact on Shiva Coin.
Meme Moguls (MGLS) accumulates enough adoption to compete with other Meme coins.
Meme Moguls is poised for greater adoption compared to other meme coins due to its innovative fusion of entertainment, investing, and financial learning. Adoption is already progressing quickly, with the beta phase selling out in record time. It has already sold out its second-stage presale, which has raised over $576,000, and the token price is $0.0023.
To better understand Meme Moguls, the platform gamifies the cryptocurrency experience through simulated investing games that attract a diverse audience interested in both fun and investing. This unique approach sets it apart as a top cryptocurrency investment in a market saturated with meme coins that lack utility, such as Pepe Coin and Shiba Inu.
Integrating prizes, NFT characters, and asset leaderboards not only adds a competitive edge, but also provides tangible incentives, making them more appealing to a wider segment of the population. In addition to regular cryptocurrency speculation, Meme Moguls introduces the metaverse world and staking options, giving users additional ways to participate and earn.
This multi-pronged strategy positions Meme Moguls as an inclusive and inclusive platform that will likely resonate with a larger user base and increase adoption. Not only is this the best cryptocurrency investment backed by meme assets, it may also be one of the best cryptocurrencies you can buy for high returns.
Learn more about $MGLS here.
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