Meme Moguls may flip Shiba Inu and Dogecoin
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This article compares on-chart data of Shiba Inu (SHIB), Dogecoin (DOGE), and Meme Moguls (MGLS) to see which cryptocurrency investors can consider. MGLS may outperform SHIB and DOGE in its ongoing presale.
Meme Moguls could flip Shiba Inu and Dogecoin
Meme Moguls is an upcoming platform that will encompass various earning opportunities. Throughout its ecosystem, anyone will gain the opportunity to start engaging in simulated trading.
The platform will feature viral memes and iconic internet moments. Doing so will enable simulated trading, where users can improve their trading strategies powered by MGLS.
With it, players can access features and influence the network’s decision-making process since the token also serves as a governance tool.
The project recently completed stage 3 of its presale. Now, at Stage 4, MGLS is available for $0.0027.
Analysts expect more growth once the token lists on tier-1 exchanges.
Shiba Inu may rally by 740%
Shiba Inu has broken out above a resistance trendline, signaling it could soon reach new record price highs.
Analysts suggest there is potential for an even larger price spike as SHIB is at a critical juncture in 2024.
Long-term forecasts hint at a bull run ahead, with one prominent analyst “SHIB Bezos” on X predicting SHIB could climb over 740% based on technical indicators like the RSI showing a pullback from overbought levels and the MACD reflecting neutral momentum.
Dogecoin to $9?
Despite recent flat price performance, analyst JD is highly bullish on DOGE based on an analysis of monthly charts.
JD points to bullish crosses on the MACD momentum indicator that preceded massive rallies in 2017 and 2021.
Similar signals now suggest another rally to $9 is possible; if this happens, DOGE will rise to all-time highs.
DOGE is currently trending below $0.10.
Summary
SHIB and DOGE are bullish. Meanwhile, Meme Moguls is gaining attention for its community-driven approach and ecosystem, including Moguls Land, a dedicated Metaverse for players to mine tokens and connect.
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