Internet Computer Becomes 16th Largest Cryptocurrency
Internet Computer (ICP) experienced a massive surge in 2023, resulting in it becoming the 16th largest cryptocurrency by market cap. This growth allowed it to surpass Shiba Inu, a popular memecoin. Currently, Internet Computer has a daily trading volume of $577 million, which is significantly higher than Shiba Inu’s $333 million.
Around 36.6% of Internet Computer’s trading volume comes from Binance, the world’s largest cryptocurrency exchange. This indicates that the platform has successfully expanded its user base. Notably, industry experts have praised Internet Computer for its long-term potential and compared it to established cryptocurrencies like Bitcoin and Ethereum.
FLOKI’s Price Declines in December
In contrast to the success of Internet Computer and Shiba Inu, FLOKI experienced a price decline of 10.6% in December. This disappointing performance led some investors to sell their FLOKI tokens. As a result, FLOKI’s daily trading volume dropped to just $35 million, making it the 220th-ranked cryptocurrency by trading volume.
To regain its position in the market, FLOKI will need a strong bull run in January to compete with other successful projects like Shiba Inu, Internet Computer, and Meme Moguls.
Meme Moguls Achieves New All-Time High
Meme Moguls, an exciting new altcoin that combines memes and investing, reached a new all-time high of $0.0027 after quickly selling out stage three of its presale. The momentum behind Meme Moguls continues to grow, attracting optimistic users.
Meme Moguls introduces a unique concept where investors can trade memes from popular projects like Dogecoin and Shiba Inu, as well as favorite internet moments. It aims to create a vibrant community of meme lovers and investors, allowing them to share trading tips, strategies, and participate in simulated investing tournaments.
During the presale, Meme Moguls offers various rewards to investors, including gadgets, buy bonuses, and a $10,000 giveaway during each presale round.
Hot Take: Meme Moguls Takes Memes and Investing to the Next Level
Meme Moguls is revolutionizing the world of investing by combining it with memes and creating an engaging platform for meme lovers and investors. With its unique approach and growing momentum, Meme Moguls has the potential to become a major player in the cryptocurrency market. As it continues to attract bullish investors and offer exciting rewards, Meme Moguls is poised for success in 2024.
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