Cryptocurrency trading platform Crypto.com has launched a $15,000 reward for Shiba Inu traders. Dogecoin, on the other hand, has seen significant whale activity, with 514 million DOGE tokens delivered to exchanges.
Meanwhile, as a result of the recent shift in the cryptocurrency market, investors are flocking to the new ICO project, Meme Moguls.
Crypto.com Launches $15,000 Giveaway for Shiba Inu Traders
Crypto.com has created new efforts to attract more trading volume to its platform. The platform announced its plan to distribute $15,000 to those who trade certain meme coins until December 25. This initiative is part of a special promotion to encourage commercial activity on the platform.
Shiba Inu (SHIB) It was included in the advertisement as one of the meme coins. With this news, the price of the Shiba Inu may rise in the coming days as trading activity increases. On the 7-day chart, the Shiba Inu coin is trading between $0.00000926 and $0.00001165.
On a weekly basis, the token is up 6.4%. Shiba Inu It has also grown 19.6% in the last month. Shiba Inu could hit new highs if the bullish momentum continues. This makes it one of the best cryptocurrencies to buy in December.
Dogecoin (DOGE) whales move 514 million DOGE
While Shiba Inu might see a lot of trading activity, Dogecoin (DOGE) has seen a lot of whale movement. whale alert, a well-known service that tracks large cryptocurrency transactions, reported these movements.
The first and largest transaction occurred on December 19, at 6:56 am (UTC), for 450 million Dogecoin (worth $41.55 million at the time). Shortly after, another large transaction occurred, transferring 64.7 million Dogecoin from an anonymous wallet to Coinbase.
The Dogecoin community is concerned about possible sell-offs as a result of these massive transactions. DogecoinHe, on the other hand, has been able to withstand the pressure. Dogecoin's monthly price is up 16.8%, according to CoinMarketCap. The memecoin is now trading in the range of $0.087491 to $0.098404.
Meme Moguls (MGLS), the best cryptocurrency to buy as pre-sale projects soar
Recently, tycoon memes (MGLS) has been receiving a lot of attention as a single ERC20 token with real world applications. It stands out in the world of gaming tokens and offers play-to-earn opportunities. Players in the Meme Moguls ecosystem can join free and paid trading tournaments, competing for cash and collectibles like Dogecoin.
With an in-game marketplace to buy, sell, and trade items, players have even more opportunities to earn MGLS tokens. He new ICO The project also has an inclusive wealth league table.
By awarding cash prizes in proportion to the excellent performance of each of the top 20 users based on their bets and winnings that week, it encourages friendly competition among participants and inspires everyone's desire to achieve, even while having fun .
The goal of this feature is to create a spirit of friendly competitiveness among players. Moguls would also have โMogul Land,โ a virtual area where users can chat, mine tokens, and stake them. In this virtual land, betting has become a popular way to generate passive income.
This makes it a compelling reason for people to join the Meme Moguls community. Currently, MGLS ERC20 tokens They are available for only $0.0023. Analysts have predicted a price increase to $0.1 in 2024.
Conclusion
According to recent data, memecoins make up a large percentage of cryptocurrency trading volume. As a result, meme coins such as Shiba Inu, Meme Moguls and Dogecoin.
Analysts have recently highlighted Meme Moguls as one of the best cryptocurrencies to buy. They have linked their potential to the thriving money-making gaming market, valued at $3,292.73 million in 2022.
Learn more about $MGLS here:
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