Pepe Price Forecast: Is There Still Hope?

This year, meme coins dominated the market, recording gains while the crypto market struggled. Pepe is one of these meme coins that became well-known earlier this year due to its massive gains. However, during the past six months, its price movement has been somewhat weak.

On the other hand, Meme Moguls has garnered significant attention and widespread adoption due to its remarkable practicality and unique value proposition, making it stand out in the market.

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Can Pepe (PEPE) Still Rally?

Pepe coin (PEPE) made a significant impact on the cryptocurrency industry at the start of 2023, not only within the realm of meme coins. Pepe was influenced by Matt Furie’s popular “Pepe the Frog” internet meme.

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Pepe shocked the crypto market, reaching a market cap of $1 billion just one month after its launch. The Pepe token surged to ATH of $0.000004354 during this time. As a result, Pepe Coin gained popularity and was listed on well-known cryptocurrency exchanges like Binance.

The Pepe Coin project made it clear that the token was intended for engagement and has no real-world application. However, it was distinguished as it was one of the first frog-themed meme coins. Despite its drop, Pepe has retained a market capitalization above $460 million, based on CoinMarketCap data.

Weakened by the bearish crypto market, Pepe coin price has dropped 75% from its all time. The Pepe meme coin has dropped from $0.00000118 to $0.00000105 over the last few weeks. Despite the price decline, analysts are still bullish on Pepe coin and forecast a price rally to $0.000001198 before the end of 2023.

Meme Moguls Has Solved the Shortcomings of Meme Coins

One of the biggest criticisms of Pepe has been its lack of utility. This problem has been addressed by the launch of Meme Moguls. The project has unveiled the first meme-backed stock market/exchange platform.

The Moguls Exchange trading platform was created to offer access to meme coins and meme-based stock. The platform will allow users to purchase, sell, and trade the best meme-based assets from various markets. Meme Moguls has also incorporated advanced trading tools into the platform to help users improve their meme coin-picking skills.

Meme Moguls ( $MGLS ) Official Links 🐕🐸🐻

🔹 0xda251891e21e6edb0e6828e77621c7b98ea4e8ba

🔹 https://t.co/x7FSjSTrtm

🔹 @meme_moguls

🔹 https://t.co/zPuyvmsaBs

🔹 https://t.co/uTk2mJao4T

🔹 https://t.co/no6di7Iqv9

ALWAYS. VERIFY. pic.twitter.com/5ui7MPkI5Y

— Meme Moguls (@meme_moguls) November 20, 2023

The project has developed to transform the way people perceive and engage with meme-based assets. As such, the team behind the project has included other products to add excitement and earning potential to the platform.

Mogul Land, a virtual world, is a major component of Meme Moguls’ ecosystem. Within this metaverse, meme enthusiasts will be able to interact, mine tokens, participate in liquidity pools, and stake tokens. The Meme Moguls utility token, MGLS, can also be staked, creating a means of earning passive income for users.

To further incentivize its users, Meme Moguls has launched a reward campaign. At the end of every presale stage, $10,000 will be given away to participants. You still have a great chance to both earn and win rewards now Meme Moguls is still in its beta presale stage and trades at $0.0021 per token. With the potential the project has shown, market experts have predicted up to a 100x ROI for early buyers.

For more information about the Meme Moguls (MGLS) presale:

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