Bonk now holds the position of the third-largest dog-themed memecoin by market caps. Simultaneously, Meme Moguls gain massive interest as it goes toe-to-toe with the Bonk coin.
Bonk (BONK) Amazing Growth: What is Fueling the Fire?
Last year marked the launch of Bonk, and it initially gained substantial attention before fading interest. However, recently, Bonk has seen a recent resurgence of interest as Bonk price surpasses previous peaks. While the recent surge in Bonk price can be attributed to various pivotal factors, one noteworthy catalyst is its recent listing on major cryptocurrency exchanges like Binance and KuCoin.
Ordinarily, the anticipation of exchange listings triggers price increases leading up to the listing date. However, KuCoin's listing of BONK came with extra promotional incentives, offering rewards of up to $58,000. Simultaneously, Binance's introduction of BONK derivatives contracts extended the reach of Bonk coin to a broader audience of crypto traders.
Meanwhile, the positive sentiment surrounding the Solana ecosystem has played a role in boosting the value of Bonk. The remarkable growth within Solana's DeFi sector has propelled Solana-based tokens to outshine their Ethereum counterparts, providing BONK with an edge over Pepe, Floki Inu, and Shiba Inu, which are all ERC-20 tokens.
Meme Moguls (MGLS) Races With Bonk (BONK) As It Garners Investors’ Interest
As Bonk gained over 120% in the past week and over 470% since launch, one coin which might easily surmount these figures is Meme Moguls (MGLS). Coming as the first ever play-to-earn meme token, investors are expecting to see a lot of growth as analysts predict over 100x returns by the time the token launches.
Meme Moguls will undoubtedly become one of top crypto coins to buy next year due to its distinctive features and entertaining ecosystem that serves every earning opportunity crypto traders (especially meme lovers) can dream of.
$MGLS joins ERC-20 tokens, but distinguishes itself as more than a utility token as it serves as both an in-game currency and a governance token in the Meme Moguls ecosystem. As an in-game component, you can use it to buy, sell and swap game items to enhance your gameplay.
As you earn rewards and prizes by completing game quests and competitions, this token can also be used to contribute to the Moguls liquidity pool by engaging in staking activities m. The token is steadily increasing in value as it has moved from its starting price of $0.0019 to $0.0021 in a matter of weeks trailing its beta stage presale.
With its uniqueness and potential to be among top crypto coins when it unveils, Meme Moguls is bound to shake grounds. It is already doing so gradually as the ongoing presale is selling out rapidly with less than $175 million tokens available currently.
Meme Moguls, with so much enthusiasm surrounding the project, is set to make many millionaires in the first quarter of its launch. Meanwhile, investors are eagerly anticipating the unique investment features, which include simulated investing and free trading tournaments where participants stand a chance to win not only cash prizes but other meme collectibles like Dogecoin and Pepe. Why wait further?
Meta title: Meme Moguls on a Tight Race With Bonk Coin Amidst Massive Growth
Meta description: An exploration into the impressive growth of the Bonk coin and the factors driving it as well as how Meme Moguls is going head-to-head with Bonk, considering its presale stats and distinct ecosystem.
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