It is a bad week for Pepe (PEPE), not the entire crypto market. With the memecoin being outperformed, notable cryptocurrencies that have surged to unprecedented milestones include Meme Moguls (MGLS), Bonk (BONK), and Celestia (TIA).
This post will cover Pepe’s decline and the significant growth of these new ICOs, particularly Meme Moguls. It will explain why it has been hailed as the best cryptocurrency investment. Let’s begin.
Pepe (PEPE): Significant Decline
Pepe (PEPE) used to be the third most popular memecoin. Until Bonk (BONK) happened. Following a significant decline in its price, it is on the brink of dropping outside the top 100 cryptocurrencies. There has also been a dip in its popularity within the memecoin ecosystem.
Its downswing can be linked to the intense competition in the crypto landscape. With several cryptocurrencies vying for top positions, Pepe’s dominance has come under threat, declining by over 14% in the past week.
Nevertheless, experts predict a bounceback in the future. According to CoinsProbe’s Pepe price prediction, the average price of Pepe crypto in 2024 will be $0.0000010 to $0.0000050. The Pepe price at the moment is $0.000001257 and its decline persists.
Meme Moguls (MGLS): Blend of Memes, Utility, and Staggering Growth Potential
Meme Moguls (MGLS) is an up-and-coming P2E memecoin. Its novelty in the crypto scene and unique approach make it the best cryptocurrency investment. It is no secret that memecoins have explosive growth potential. Hence, Meme Moguls’ blend with P2E—tangible utility—and its recent arrival make it poised for staggering growth.
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Given the above, there has been a massive surge in interest in its ongoing presale. The ecosystem will feature a unique trading game where players can learn how to invest and build wealth. While playing the game, players will learn investing strategies and earn cash and meme rewards.
The features of this TradeFi platform aim at increasing ecosystem participation, which will contribute to demand and value rise. The Meme Moguls presale is currently in its second stage, meaning you can ride its bullish wave to the fullest. A token costs just $0.0023, and according to analysts, it has a 100x upside potential. To participate in the presale, follow the link below.
Bonk (BONK): Explosive Growth
Bonk (BONK) is at the heart of the current frenzy. If you aped into the memecoin before its bullish run, your portfolio must be up by hundreds of percent.
Its surge was influenced by a combination of factors, from Solana’s rise to listing on two of the world’s largest exchanges: Coinbase and Binance. The Bonk crypto reached its peak earlier this week, much to the excitement of early investors. With room for price discoveries, Bonk coin is one of the best cryptos to invest in.
Celestia (TIA): Rally Persists
Since its emergence in the crypto landscape, Celestia (TIA) has managed to stay in the spotlight. The critical role it plays in the blockchain ecosystem has contributed to its rise.
So, what is Celestia? It is a modular blockchain that allows anyone to deploy their own blockchain. With its adoption soaring, it is set to become a major player.
Its price also peaked recently, and it appears to be gaining traction. Given Celestia’s substantial room for growth, it is an altcoin to watch.
Learn more about the $MGLS here:
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Summary
While Pepe crypto experienced a significant price decline, Meme Moguls, Bonk, and Celestia saw a staggering rise in interest. These new cryptocurrencies are set to skyrocket, making them the best cryptos to invest in.