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Reddit is a great place for the community of crypto to come together. People share insights and enjoy the journey of trading and making money together. But there are some issues with relying on Reddit as your main place to go and learn.
In this article we share a new upcoming project in presale – Meme Moguls – that will unite the memecoin community in a very fun and profitable way!
Crypto Redditors find another home to share and learn
Are you part of r/cryptocurrency or r/wallstreetbets? We are! And while these places are fun to talk to other Redditors, there is a downside. A lack of transparency. It’s hard to know who knows what they are talking about. To the point that a joke often seen on r/cryptocurrency is that people should buy and do the opposite of whatever is most talked about on the sub.
In 2020, r/cryptocurrency brought in their own currency ‘Moons’ to try and reward helpful participants, as part of Reddit’s “Community Points” idea. However, due to Reddit’s concern about regulatory and scalability issues, the coin has now been discontinued.
If you’ve spent time on Reddit or Crypto Twitter, you’ve probably seen people getting rich from meme coins – just like the man who turned $4000 into over a million dollars. Meme coins like Pepe, Bonk, and Doge represent the spirit of crypto – whimsical and fun – but also capable of making ordinary people into millionaires. But where can you go to hear about the next big coins and avoid the influencers shilling their bags?
Enter Meme Moguls.
Meme Moguls is bringing something brand new to crypto
MGLS aims to capture the spirit of a meme coin, but add utility as well, meaning that the coin actually does something, unlike Pepe, Doge or Bonk. MGLS is a meme coin but it also backs the Meme Moguls platform, a place where crypto lovers will be able to get together and play and earn.
Meme Moguls will have a fantasy trading platform where people are given virtual money, and can show their trading skills and strategies in a trading simulation. If you do well, you reach the top of the leaderboard and can win MGLS. Everyone will be able to view trading history and so then, the top traders will have the opportunity to become a ‘Mogul’ and earn passive income.
People can play just for fun or set up tournaments with friends and groups, with buy-ins. There will be cash prizes, and other meme collectibles such as Doge, Pepe and Bonk to be won.
Just like Reddit’s Moons, another way to earn is by participating in the community and being rewarded with MGLS. If you know the next Doge, Pepe, or Bonk and you tell the community, you could find the MGLS pouring in as other players show their gratitude.
There will also be fun trading missions and challenges that will unlock rare NFTs which can then be kept (to help you get ahead on the wealth leaderboard), traded, or sold in the Meme Moguls marketplace. These could be NFTs of moguls like Warren Buffet or Elon Musk, or perhaps Pepe the Frog, or the Shiba Inu who inspired the Dogecoin meme.
And it’s not just all about meme coins. There will also be the chance to outplay the returns of the SNP 500 or Nasdaq. So many ways to play and get involved!
MGLS is a governance token and can also be used for staking and providing liquidity. These actions will reward players with even more MGLS and occasionally will generate rare NFTs as well.
MGLS is in the third stage of presale and is forecasted to increase by over 8000% by the start of next year. In contrast, Reddit is going to seem pretty dull! And Doge, Pepe, and Bonk are unlikely to keep growing that much, as they’ve gone up so much already.
Learn more about the $MGLS here:
Visit Meme Moguls | Join the Community
