Release: 2023/11/13 16:15 Reading: 633
The post Meme Moguls (MGLS) and Shiba Inu (SHIB): The Path to Crypto Millionaires, Say Experts appeared first on Coinpedia Fintech News
Over the past decade, the cryptocurrency market has created numerous individuals with a net worth of over a million dollars. As we are now entering another period of market growth, it is anticipated that several more individuals will join the ranks of millionaires.
Investing in cryptocurrency can potentially make you a millionaire, but it is important to choose the right investments. Luckily, a crypto expert has made it easier for you by recommending Shiba Inu and Meme Moguls as assets to hold in order to achieve your goal of becoming a crypto millionaire. Keep reading to learn more about why these assets are worth considering.
15 months after the Shiba Inu cryptocurrency launched, it has raked in gains of more than 14,000,000%. If you invested $100 in the first week of its launch, you would have made over $14 million by 2021. While Shiba Inu is down from that peak experts still remain bullish about the meme coin.
The Shiba Inu price has been forecasted to cancel out several zeros and move from $0.000008200 to $0.01 in the coming bull market. This means that if $1,000 is invested in Shiba Inu right now, you could end the bull market as a crypto millionaire. Other analysts, including WatcherGuru, have predicted a $0.01 price tag by 2030.
There are various factors that contribute to this, such as the transition from a meme coin to a project with practical use. Additionally, in order for this to occur, the number of Shiba Inu tokens in circulation would need to be greatly reduced through burning. Consequently, this could lead to a substantial increase in the value of Shiba Inu.
Meme coins like Dogecoin and Shiba Inu experienced significant price surges in 2021, and Pepe is expected to do the same in 2023. Following this pattern, the next meme coin to watch out for is Meme Moguls (MGLS).
Analysts have rated this project highly because it offers more than other meme coins, it is uniting the entire sector. Memes Mogul is building a marketplace for meme-based assets. The aim of the platform is to help investors take control of their portfolios while becoming trading moguls.
In addition, the ecosystem also encompasses a gaming platform and casino, where players have the opportunity to participate in competitions and tournaments in order to gain extra rewards. Within this interconnected environment, users will be able to connect, exchange information, and collaborate with one another.
The goal is to create a lively community where investors can exchange their knowledge and ideas. As a platform encompassing the entire meme coin industry, MGLS is predicted to undergo a significant surge of 100 times its current value during a bullish market. With its token priced at just $0.0019, there is a fantastic chance for you to accumulate MGLS.
The history of cryptocurrency has shown us that investing in inexpensive coins can yield incredibly high returns.
If Memes Mogul (MGLS) and Shiba Inu (SHIB) were to remove their decimal places, your investment could potentially increase. In July 2010, Bitcoin traded at a low price of $0.0008.
Investing $1,000 in Bitcoin a decade ago would have made you a millionaire today. Similarly, these two projects have demonstrated the ability to turn long-term investors into millionaires.
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