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While the media consistently focuses on more expensive cryptocurrencies, hundreds of opportunities are available for less than $1. Shiba Inu and Meme Moguls are two such examples, both of which are expected to surge this month. Solana is also on an uptrend, though could be a more expensive option for individuals looking to invest for the first time.
Will Shiba Inu’s Price Rise After Whale Activity?
Shiba Inu is up 20% in the last month, though it experienced a sharp decline during the first week of December. However, the memecoin is now bouncing back, and a rise in whale activity has investors asking whether or not Shiba Inu could increase 10x before the end of 2023.
Shiba Inu whale transactions are up by 363% in December as whales moved 11.98 trillion SHIB between wallets. This activity has triggered an additional price increase of 18% over the last week, despite Shiba Inu’s slight dip.
With Shiba Inu’s Shibarium hitting a new milestone of 50 million transactions and whale activity continuing to rise, experts believe that Shiba Inu could see additional price climbs before the end of the year. With SHIB tokens available for just $0.000009888, Shiba Inu could be a huge opportunity for investors.
Solana Becomes 5th Most Traded Cryptocurrency
Solana has become one of the best-performing cryptocurrencies in Q4. Its value has increased from $18 to $71 in just three months, causing its daily trading volume to exceed $4 billion. As Solana’s value continues to soar, asset management firm, VanEck, believes that Solana could outperform Ethereum in 2024.
According to VanEck, Solana could become one of the top three blockchains by market cap, active users, and Total Value Locked (TVL.) Given its potential, Solana’s current value of $71 could be significantly lower than its price in a year’s time. As a result, investors are buying Solana at record rates to capitalize on potential future price increases.
Meme Moguls Thrives During Crypto Bull Run
Meme Moguls is a new fantasy Meme trading world that introduces players to the world of investing. Designed around usability, players will be able to create their own custom avatars and build their fortune with a myriad of exciting games and their own meme portfolio.
The Meme Moguls ecosystem is inspired by Moguls such as Elon Musk and Warren Buffet, both of whom have left an unerasable mark on the world.
As part of the Meme Moguls game, players will work their way up a leaderboard to earn “Mogul Status”, after which they will generate a passive income. Players will also have the chance to trade and sell NFTs, compete in tournaments, and complete challenges to build their investing knowledge.
The Meme Moguls ecosystem will use the Meme Moguls Governance Token ($MGLS) for in-game transactions and governance. Holders will be able to influence the platform by voting on future policies and changes to the game.
$MGLS tokens are currently available at just $0.0021 during phase one of the Meme Moguls presale. Having already sold out fast during its pre-sale phase, market analysts believe that tokens could increase 100x over the next year.
Additionally, one lucky investor will win $10,000 after each presale phase. This reward adds an additional incentive into buying, with hundreds of investors buying into the project daily to maximize their returns and chances of winning.
