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Dogecoin (DOGE) and Polygon (MATIC) have shown significant strength in the past few months. However, they are not the only ones dominating the market. Meme Moguls (MGLS) is also gaining momentum.
Meme Moguls’ stage 3 presale sells out
Meme Moguls is a P2E meme-oriented ecosystem that will help traders improve how they trade in the long term.
The platform will introduce real-time meme market simulations to immerse players into the trading world.
Players will gain access to a fantasy meme-trading world and can create custom avatars. Here, they will work their way up the leaderboards. This way, they can unlock Mogul status and receive rewards.
There are also passive income opportunities. For example, those aiming to get more MGLS can contribute their existing balance in the Meme Moguls staking pool.
By doing so, they can get a fixed passive income. This is based on their share of the pool and the annual percentage returns.
Players create a portfolio, begin with a virtual current balance, and, over time, can turn their simulated profits into cashable returns.
Moguls Land will also be a part of this ecosystem and is a dedicated metaverse where users can connect, mine tokens, and join liquidity pools.
Dogecoin is bullish
Dogecoin rose from $0.081 to $0.094 due to increasing network activity.
DOGE must now decisively break through the critical $0.1 price barrier for more upsides. The coin is trading above the 100-week and 200-week exponential moving averages (EMAs).
It has a market cap of over $11.8 billion and is at eleventh in the leaderboard, showing resilience.
According to the latest Dogecoin price predictions, the meme coin can reach $0.1589 in 2024.
Polygon breaks past key resistance
While Polygon initially trailed behind other major coins in 2023, analysts are optimistic about its prospects.
Altcoin Sherpa says MATIC can reach $1.20 in the medium term.
The token has been trading between $0.83 and $1.07 over the past week.
It is also up 10% in the last month.
Summary
DOGE and MATIC uptrends indicate a favorable market sentiment toward meme coins.
Meme Moguls is also gaining traction ahead of launch.
In stage 4 of its presale, MGLS is trading for $0.0027.
At launch, analysts expect more gains once it launches on tier-1 exchanges.
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