Anatoly Yakovenko, the founder of Solana (SOL), recently sparked curiosity within the crypto community with a playful tweet referencing Satoshi Nakamoto, the enigmatic creator of Bitcoin. At the same time, 120 pages of emails between Satoshi and Martti Malmi were made public, giving us more insight into how Bitcoin started.
Alongside this, AlphaQuest released a report showing the difficulties Cardano is dealing with, especially its high number of dead coins compared to other networks in 2024. Amidst these revelations, Meme Moguls (MGLS) emerges as one of the best meme coins to buy now, offering utility and innovation beyond the realm of hype.
Solana founder Anatoly Yakovenko’s recent tweet, referencing Satoshi Nakamoto, the elusive creator of Bitcoin, has sparked intrigue within the crypto community. This tweet by Solana’s Yakovenko coincided with the release of 120 pages of email correspondence between Satoshi and Martti Malmi, shedding light on Bitcoin’s early development.
Solana (SOL) itself was created in 2017, several years after Satoshi Nakamoto disappeared from the internet. Solana aimed to address scalability issues faced by existing blockchains like Bitcoin and Ethereum, offering significantly higher transaction throughput at lower costs. Yakovenko’s comment serves to highlight the innovative spirit driving projects like Solana.
A recent report from AlphaQuest sheds light on Cardano’s prominence among networks grappling with dead coins in 2024. The study revealed a staggering 74% of Cardano-based projects had ceased to exist, marking a significant challenge within the Cardano ecosystem. To classify projects as dead coins, AlphaQuest employed stringent criteria.
Blockchains with over 50% failed projects are categorized as dead, reflecting the harsh reality faced by Cardano’s ecosystem. AlphaQuest’s findings underscore the broader challenges encountered by cryptocurrencies introduced during the 2020-2021 bull market. The report suggests that 2021 posed significant hurdles for emerging cryptocurrency projects, with Cardano bearing the brunt of the aftermath.
While many memecoins lack purpose beyond the hype, Meme Moguls (MGLS) distinguishes itself by serving as the governance token and in-game currency for the Meme Moguls ecosystem. This dual functionality adds tangible value to Meme Moguls, providing users with a clear role within the platform.
One of the key features setting Meme Moguls apart is its innovative play-to-earn (P2E) game. Through this game, players can immerse themselves in virtual experiences related to stock trading while learning valuable lessons about wealth growth. Exciting challenges like “Beat the Market” allow players to compete against S&P 500 indexes.
At present, Meme Moguls is in Stage 6 of its presale, demonstrating significant traction within the community. With $2.6 million already raised and the potential to reach $3 million in this stage alone, Meme Moguls is attracting attention from investors. Despite starting at just $0.0042 per token, Meme Moguls has experienced a notable 90% increase in price.
Moreover, experts predict even greater growth once Meme Moguls hits exchanges in Q1 2024, with projections suggesting a minimum 100x increase. Unlike the majority of memecoins driven solely by hype, Meme Moguls offers genuine utility as an in-game currency and governance token, positioning it as a top contender in the meme coin space.
Learn more about the $MGLS Presale here:
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