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Discover the Potential: 3 Tokens Under $1 Expected to Grow 10x This Month

2 December 2023
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The crypto market is back with a bang! Bitcoin has crossed the $37k mark, and altcoins are gaining momentum as liquidity returns. We have identified three tokens that are currently priced under $1 but have the potential to grow ten times in value this month — Shiba Inu (SHIB), Meme Moguls (MGLS), and Solana (SOL). Let’s review what makes these tokens stand out and why they are expected to perform well in the coming weeks.

Shiba Inu (SHIB): Poised for 10x Surge Amid Crypto Revival

Shiba Inu is a memecoin inspired by the famous Dogecoin. It was launched during the FOMO of the altcoin rally in early 2021, where it grew from zero to a top-10 cryptocurrency in less than six months.

Just like other altcoins, the price of Shiba Inu has cooled off since then. But that doesn’t mean the growth potential is gone. Shiba Inu has grown from $0.00000664 in mid-October to $0.00000883 today — a 33% increase in just over a week.

This is a strong start to Shiba Inu’s revival, and there is still much room for growth. The $0.000010 level is the key resistance to watch out for, and if Shiba Inu breaks through that level, a 10x increase in value to $0.00010 is highly likely.

You see, Shiba Inu is so much more than a memecoin. It has built a decentralized exchange and layer-2 scaling solution to add value to its ecosystem. This combination of fun and functionality could soon be the driving force behind Shiba Inu’s growth.

Meme Moguls (MGLS): 100x Gains for The Next Big Meme Revolution

While Shiba Inu’s ecosystem is an improvement on Dogecoin, Meme Moguls is going one step further. It promises to revolutionize the meme industry by creating a platform for trading and investing in meme-backed digital assets.

The MGLS token, central to the Meme Moguls ecosystem, is valued way under $1 at just $0.0021 during the first stage of its presale event. Analysts believe that MGLS has the potential to grow by 10x before the presale ends, before surging another 10x after listing on exchanges.

What sets Meme Moguls apart from other meme projects is its focus on providing value to the meme community. It is set to become the foundation of the memecoin industry rather than simply another meme token.

The Meme Moguls ecosystem includes the Moguls Casino, the Moguls Exchange Trading Platform, and the immersive Mogul Land in the metaverse. Each of these components adds value to the overall ecosystem and is expected to drive the growth of the MGLS token.

Given its innovative approach, strong community support, and diverse ecosystem, MGLS is well-positioned for significant growth. The global meme industry is expected to grow to $6.1 billion by 2025, so acquiring MGLS during the presale stage could be a smart investment move.

Visit Meme Moguls

Solana (SOL): Igniting A New Era In DeFi

Solana has made waves in the crypto community with its stellar 200% upswing from $21 in mid-October to a recent peak of $64. Such a large gain for a top-10 cryptocurrency in a matter of weeks is truly impressive.

Breaching the $32 resistance zone brought about this rapid price increase, but the party may not be over yet for Solana. With Solana thought to be the foundation for the future of DeFi 2.0, there is a consensus among experts that Solana will keep catching up with Ethereum as it rises from the ashes to prove the doubters wrong.

Solana’s TVL growth from $210 million in January to $500 million today shows that the network is already gaining traction. While Ethereum has a much larger TVL, it is moving in the opposing direction, decreasing from $27 billion to $23 billion in the same period (Source: Defilama.com).

A 10x price surge isn’t off the table for Solana, especially if it can keep up its current pace of growth and adoption. A $200 billion market cap may seem high, but this is still lower than Ethereum’s current market cap before the bull run.

 

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