Shiba Inu (SHIB) and Ripple (XRP) have witnessed an increase in their trading volume, fueled by the overall price increase. According to the on-chart data, both cryptos indicate bullish signs.
Even though this is the case, Meme Moguls (MGLS) is still getting primary attention from whales, as the presale has rocketed in popularity.
Can Shiba Inu (SHIB) See an Increase?
Shiba Inu (SHIB) initially saw a massive rise in value and is currently trading 14,534,615.13% above the all-time low point of value in 2020. The popularity of this meme coin cannot be understated, as for years, investors began accumulating Shiba Inu, expecting it to surge high yet again.
This year, SHIB saw major success with the launch of Shibarium, the Layer-2 network, which has so far reached 4,135,411 transactions and 1,270,910 wallet addresses, according to the Shibariumscan blockchain explorer.
During the past week, the Shiba Inu crypto saw a major upswing from a low point of $0.00000780 to a high point of value at $0.00000884.
Will Ripple (XRP) Surge in 2024?
There are currently bullish indicators for the future of the Ripple (XRP) cryptocurrency that suggest a potential rise in its short-term value. The value of the cryptocurrency saw notable changes over the past month.
First, it experienced a drop amid Binance news that saw the ex-CEO Chanpeng Zhao exit, where Ripple dropped to around $0.58. Then it made a recovery and went up to $0.62. Despite the fluctuations, Ripple’s year-to-date performance has been impressive. The crypto has seen an increase of over 81% since the beginning of the year.
Meme Moguls (MGLS) Grabs Investor Appeal With Presale
Aside from Shiba Inu and Ripple, Meme Moguls has also seen a significant level of attention.
This upcoming meme-backed market promises to provide users with an innovative platform on top of which they can trade assets inspired by memes.
There are numerous major parts of its ecosystem, and notable ones include the Moguls Exchange Trading Platform, coupled with the Meme Moguls Fantasy Trader P2E experience. Players can compete against one another and even earn in the process. They need to climb the leaderboard in order to get better rewards.
MGLS is the native crypto that plays a major role in powering all of it. Users will be able to stake it in order to get passive income or engage in governance.
This is achieved through the Stake and Earn program, where they can access pools with annual return percentages. The MGLS crypto is undergoing the Beta presale stage, where it’s offered at $0.0019.
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