Bonk (BONK) has experienced a massive surge in its value, where since October alone, it has managed to see an upswing of over 7,000%.
It was not the only crypto to see high momentum, as Meme Moguls (MGLS) is also showcasing dominance with its crypto ICO. Both projects are under the meme coin category and can lead to the next bull run. We will go over their individual price performance a.
Bonk (BONK) – Can Its Growth Persist?
Bonk (BONK) recently saw a price uptick so massive that it outpaced the growth of other, more well-known meme coins, such as Dogecoin and Shiba Inu, which grew between 20% to 30% in the past month. In comparison, Bonk grew by 400% and sparked a major price rally. Since its all-time low in 2022, the BONK crypto is up 13,418%, and during the past week alone, it climbed from $0.00000568 to a high point of $0.00001444.
Bonk climbed by 77% in the past week and, as a result, began getting accumulated by traders globally. With a market cap of $704 million, it’s also the 80th largest crypto in the industry.
Meme Moguls (MGLS) to Feature Unique Challenges
Meme Moguls (MGLS) is an upcoming P2E meme token built on top of the Ethereum blockchain. It is used as an in-game currency, but it’s also the governance token that will power the entire Meme Moguls ecosystem.
It will let users learn how to invest and then build digital wealth. Simulated investing is a major part of its offering, as it will enable each player the opportunity to try out different strategies and discover new tactics while earning cash prizes and meme-themed rewards. Players start with $100,000 each in virtual cash and can complete challenges to turn their simulated profits into real-cash returns.
Players can, however, only invest up to 20% of the virtual cash portfolio in a single investment. To get even more MGLS tokens, they can contribute their existing balance to a staking pool. This way, they become eligible for rewards based on their share of the pool and the annual return percentages.
Summary
Bonk is showcasing solid market rally. In the meantime, Meme Moguls is also showcasing rapid growth. The MGLS altcoin is now undergoing Stage 1 of the presale trading at $0.0021.
For more information about the Meme Moguls (MGLS) presale: Website | Twitter
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