In a recent report by WazirX, Shiba Inu was ranked as the second most traded cryptocurrency in India. The memecoin outperformed leading projects, including XRP, Dogecoin, Ethereum, and Polygon, falling second to Bitcoin. As Shiba Inu's ecosystem grows, investors believe it could rank number one by the end of the year. But how does it compare with Meme Moguls? 

Will Shiba Inu Become The Number One Memecoin? 

Shiba Inu's ecosystem is currently expanding faster than any memecoin in the market. Over the last 6 months, the project released its layer-2 scalability platform, Shibarium, an exclusive Shiba Inu cryptocurrency magazine, and formed a new partnership to enter the domain market. 

Now, Shiba Inu developers are hinting at a new partnership. On January 2nd, Shytoshi Kusama, Shiba Inu's lead developer, posted a handshake emoji on X. This sparked excitement throughout the Shiba Inu ecosystem, and triggered a 119% increase in SHIB's daily trading volume. The post was followed by another from Shiba Inu's marketing manager, which has resulted in several rumors about a new partnership. 

As the Shiba Inu community prepares for another new development, the burn rate of SHIB tokens has increased by 310%. Investors are burning tokens to drive up Shiba Inu's value, though whether or not this is impacting SHIB's price is unknown. 

While Shiba Inu could experience additional price increases in 2024, experts believe that it may have already experienced its major growth stages. At the time of writing, Shiba Inu was up 717266% from its launch price and down 89.11% from its all-time high. 

Having experienced such significant growth, it's unlikely that Shiba Inu will replicate this level of success, regardless of how much its ecosystem grows. As a result, Meme Moguls, an exciting new altcoin, could be a stronger investment. 

Will Meme Moguls Repeat Shiba Inu's Success? 

When it comes to potential growth, there are few projects in the market as promising as Meme Moguls. This new play-to-earn game introduces the world's first meme stock market. It looks to unite meme lovers and investors in a bustling community where players can make friends, enter competitions, and generate new income streams. 

The Meme Moguls presale is taking the market by storm. The project has already built a strong social media following and has raised over $1.4 million. Now in stage four of its presale, Meme Moguls tokens (MGLS) are available for $0.0027 and are expected to increase in value soon as hundreds of new investors join the project daily. 

Within the Meme Moguls ecosystem, investors will be able to join liquidity pools, stake $MGLS tokens, and take part in unique tournaments where they compete in a simulated investing game. These events will be both free and paid, with winners earning a prize. For paid tournaments, winner-takes-all events will be available for players who are confident in their investing skills. 

During its presale, Meme Moguls will sell 60% of its token supply. 8% of the supply will go to the team (and will be locked for 2 years), and the remaining supply will be spread across the ecosystem, exchange listings and rewards.

These rewards include gadgets, vacations, and a $10,000 giveaway for one lucky investor when each stage of the Meme Moguls presale sells out. 

For more information about the Meme Moguls (MGLS) presale follow the link below:

Website: https://mememoguls.com/

Twitter: https://twitter.com/meme_moguls