BSC Daily Spotlights Shiba Inu (SHIB) and Pepe as Notable Meme Coins for 2024 – Meme Moguls (MGLS) to Qualify for This List

BSC Daily Spotlights Shiba Inu (SHIB) and Pepe as Notable Meme Coins for 2024 – Meme Moguls (MGLS) to Qualify for This List

Meme coins are causing a commotion in the crypto world. Thanks to the hype on social media and the excitement they bring to their many fans and crypto enthusiasts, these tokens have been climbing to new heights in recent times. Earlier today, BSC posted on X highlighting other meme coins aside from Shiba Inu and Pepe as potential gainers to watch out for in 2024. In line with this agenda, Meme Moguls also stands as a possible catalyst.

The Price Outlook for Shiba Inu (SHIB) According to Crypto Analyst

Aside from BSC Daily's mention of Shiba Inu among notable meme coins, another major analyst, Austin Hilton, predicts Shiba Inu's price to hit $0.0000417 in 2024. This follows the positive turnaround that Shiba Inu had in 2023, driven by the launch of Shibarium—a technology supporting NFTs, gaming, and metaverse applications. 

Hilton's forecast is optimistic, but he notes that Shiba Inu price could go higher, especially if a BTC ETF gets approved, attracting more investment.

Technical indicators and market sentiment hint at positive momentum for Shiba Inu. The next challenge is breaking the $0.00001500 resistance level, potentially leading to a significant increase to $0.150. Currently, Shiba Inu is hovering around $0.00001067 and $0.00001037.

As Shiba Inu adapts to the changing crypto landscape, the predicted surge, Shibarium's impact, and the potential BTC ETF approval set the stage for an interesting year ahead.

Pepe Coin (PEPE) May Surpass It's All-Time High Next Year

Pepe (PEPE), an Ethereum meme coin introduced on April 14, 2023, pays tribute to the popular Pepe the Frog meme. Surprisingly, Pepe skyrocketed after its launch, becoming the quickest cryptocurrency to hit a $1 billion market cap in just 19 days. 

Although it initially dropped, Pepe coin market cap has seen substantial growth, with Pepe now valued at around $566.82 billion. Over the past 30 days, the price of Pepe has surged by 27.25%, reaching an impressive $0.000001347 at the time this article was written.

If Pepe avoids a major decline, it may surpass its previous ATH of $0.00000378 by 2024. Apparently, BSC Daily was not shortsighted in mentioning Pepe as a notable coin for major gains.

Meme Moguls (MGLS) Will Attract Major Gains in 2024

Meme Moguls (MGLS), currently priced at $0.0025 in its third presale, has garnered significant attention since its initial presale, with the beta stage selling out remarkably quickly. Positioned as a utility-based token, Meme Moguls stands out as a unique innovation that will garner massive gains next year.

As a play-to-earn token, Meme Moguls is considered among the top crypto to invest in for meme asset traders and investors. The platform offers opportunities for participants to engage in simulated trading games, challenges, and competitions, providing cash prizes and meme-based rewards.

The $MGLS token from Meme Moguls comes with diverse features, supporting staking and liquidity pool activities, facilitating transactions within the Meme Moguls ecosystem, and allowing for token mining.

In the innovative realm of Meme Moguls, community members have the authority to organize tournaments, fostering a dynamic and competitive atmosphere. Users can transform their trading skills into a source of passive income by navigating markets, participating in one-on-one challenges, or climbing the ranks to achieve "mogul" status.

Meme Moguls aims to revolutionize the meme coin space beyond being a top crypto to invest in, disrupting and elevating the overall market cap of meme coins. 

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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