Dogecoin (DOGE) reaching $1 has become a common aspiration. But is it a realistic goal or a delusion? While there are contrary opinions, analysts believe Meme Moguls (MGLS), a new ICO, will. This P2E memecoin is currently in the first stage of its presale and has been tipped for a 100x upside.

This post will cover the possibility of Dogecoin reaching $1 and present opposing arguments. Further, it will explore why Meme Moguls is the best new crypto to invest in. Let’s begin.

Dogecoin Price Prediction: Will It Reach the Historic $1?

Dogecoin (DOGE) is one of the most popular cryptocurrencies on the market, despite its humble origins. By market capitalization, it ranks tenth, highlighting its popularity.

This memecoin reaching $1 has become one of the most discussed topics in the crypto community. At the time of writing, the Dogecoin price is between $0.009 and $0.1, depending on the market sentiment.

While many are optimistic about DOGE reaching $1 sometime in the future, Motley Fool isn’t. They predict that Dogecoin’s price will likely never reach $1 due to its endless supply, lack of tangible utility, and speculative value. A counter-claim was presented by CoinPedia. They believe Dogecoin will reach the $1 mark by 2029.

Given the divergent predictions about DOGE’s future outlook, all we can do is wait and see how things play out.

Meme Moguls (MGLS): Incoming $1

Meme Moguls (MGLS) has several advantages over Dogecoin, hence its nudge for $1. Its growth will be fueled by its unique concept and massive adoption. In the second round of the presale, a token is worth just $0.0023.

Meme Moguls has a maximum supply of 3 billion tokens, which pales in comparison to DOGE’s infinite supply. We believe this will play a crucial role in its rise, making it a good crypto to buy.

In contrast to other meme coins, it also has useful applications. It stands at the intersection of play-to-earn (P2E) and memes, making it a P2E memecoin. The token will have a governance function, and it will also serve as the in-game currency.

MOGULS!! 🔥

Are you ready to change the landscape? 🧑‍🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt

— Meme Moguls (@meme_moguls) December 8, 2023

The game, which has yet to be launched, will be thrilling, rewarding, and insightful. Built around simulated trading, it will replicate real-world trading. Along with competing against friends and community members, players can also learn investing strategies and earn rewards while playing the game.

Remarkably, the team recently announced a mouthwatering giveaway, worth $20,000 and active till the end of the presale stage 2. To participate and be eligible, simply hold the MGLS tokens.

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