Unearthing Crypto Gems, Bonk, Pepe, and Meme Moguls
Now a new memecoin, Meme Moguls, looks to replicate their success with an innovative new DeFi investment game. According to market analysts, Meme Moguls could see 100x returns in its first year.
Coinbase Looks To List Bonk
Coinbase, one of the largest centralized cryptocurrency exchanges, recently announced that Bonk has been added to its roadmap. The listing of Bonk would be a huge win for the Bonk ecosystem, making it significantly more accessible to investors.
After the announcement, Bonks value surged over 15%, though has since fallen over 20% in line with current cryptocurrency trends. Nonetheless, Bonk's trading volume has increased by 12.18%, signifying investor confidence in the memecoin.
Although Bonk has experienced a minor setback, the project remains one of the best-performing memecoins in Q4. Its value has increased almost 350% since the start of November, and Bonk’s market cap has passed $600 million, making Bonk the third largest memecoin by market cap.
Pepe Growth Slows But December Returns Remain Positive
After a monumental bull run in November, Pepe’s growth slowed two weeks into December. The project’s value has decreased by 12.6% over the last week, with Pepe now trading at $0.000001344. Despite this decrease, Pepe’s 30-day returns show a 13.87% price increase, suggesting that Pepe could be going through a correction period.
This recent decline reflects a bearish sentiment in the market as hundreds of cryptocurrencies decrease in value. However, Pepe’s daily trading volume has also fallen, showing that overall investment activity is on the decline. Nonetheless, many crypto experts remain positive about Pepe, with some suggesting this is just a minor setback before another bull run.
Meme Moguls Becomes The Latest Memecoin Gem
Meme Moguls is quickly becoming one of the most talked about new memecoins. Having already displayed greater utility than 99% of memecoins in circulation, experts believe that Meme Moguls could become the next big player in the memecoin market.
Meme Moguls introduces an innovative new game designed around memes and investing. It empowers its user base by teaching them new trading strategies, how to invest, and, most importantly, how to build profitable portfolios.
The game will present a unique meme market, and give investors $100,000 in virtual currency to invest. This gives players the opportunity to learn about investing without needing to risk their own funds. To add an element of competition to its game, investors will be ranked on a wealth leaderboard, with top “Moguls” earning a number of lucrative rewards.
Several games will also be available throughout the Meme Moguls ecosystem, including paid and free tournaments, and a “Beat the Market” game where investors will try to outperform index funds for prizes.
Meme Moguls is currently in the first phase of its presale, and its native token, $MGLS, is available for $0.0023. With less than 15% of the round supply remaining, tokens will soon increase in value, and one lucky investor will win $10,000 in a giveaway.
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