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Cardano is one of the largest cryptocurrencies and is expected to reach $1 before mid-2024. Experts also predict that Cardano could potentially reach ATH this year. In other news, Shiba Inu burned billions of tokens, but SHIB’s price remains stable. Meanwhile, Meme Moguls are emerging to set a new standard for Meme coins.
Cardano Could Hit All-Time High This Year
Cardano has faced headwinds over the past few years, failing to retest its all-time high of $3.10.
Nevertheless, it is a coin in the top 10 by market capitalization.
ADA is still far from its all-time highs, but experts say it could surpass $1 by June 2024.
Shiba Inu burns billions of SHIB
Last week, Shiba Inu removed 9.41 billion SHIBs from circulation.
Nonetheless, SHIB remains under pressure.
The Shiba Inu team actively contributed to the token burn, significantly increasing the burn rate.
They have plans to switch to silent mode to burn a significant amount of Shiba Inu tokens.
Despite these efforts, Shiba Inu prices have fallen about 9% since January 11. This is probably due to the broader cryptocurrency market’s reaction to the SEC’s approval of the first Bitcoin ETF after nearly a decade of anticipation and debate.
Meme Moguls Set New Meme Coin Standard
Meme Moguls are standing out in the meme coin market by going beyond typical internet trends.
The introduction of Play-to-Ener games features users earning MGLS tokens while providing entertainment and educational value for their investment.
Unlike other meme coins, Meme Moguls integrates features such as simulated investing, engaging gameplay, community tournaments, an NFT marketplace, and ambitious plans for the metaverse. This comprehensive approach positions Meme Moguls as the best cryptocurrency investment.
The focus on the practical utility of using MGLS as an in-game currency and governance token adds legitimacy that differentiates Meme Moguls from meme coins driven purely by hype.
MGLS token is gaining momentum. The Tier 4 pre-sale price is $0.0027.
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