USDT on Tron surging, XRP under pressure as Meme Moguls raises over $1.9m

The crypto market is growing, and some coins like XRP and Tron (TRX) are leading the way. Meme Moguls is a new project that has raised over $1.9 million. Analysts think MGLS could be the next big thing in crypto.

Over 50 billion USDT circulating on Tron 

For the first time, over 50 billion USDT are circulating in Tron.

There are more than 36 million TRC20-USDT holding accounts, and over 1.49 billion transfers have been made.

TRX is ranging between $0.101 and $0.112, with a market capitalization of over $9.7 billion.

XRP is under pressure

XRP is trending lower due to bearish ETF news, whale distribution, and unfavorable technical trends. 

The altcoin lost support at $0.600 and $0.550 and is now approaching support at $0.500. 

Ripple continues with its battle with the United States SEC, reducing investor enthusiasm.

Exploring Meme Moguls 

Meme Moguls is a meme exchange that incorporates the blockchain. 

People can trade their favorite memes and meme-based assets while also receiving bonuses. 

Moreover, Meme Moguls is not just a trading platform but also a community development hub that anyone can participate in by participating in learning and strategy-building activities. 

The project offers Fantasy Trader play-to-earn (P2E) games that allow users to earn while playing. There is a metaverse, Moguls Land, where anyone can join liquidity pools or mine tokens.

MGLS is a utility token that powers all of these functions. Holders can stake and even participate in governance.

In stage 5 of the presale, MGLS is available for $0.0036. Over $1.9 million has been raised.

The platform is also offering a 30% registration bonus to new users.