Tether, the world’s largest stablecoin, has seen consistent increases in its daily trading volume over the last month. This increase has been triggered by an influx of new investors to the DeFi market, many of whom are looking to capitalize on Bitcoin halving. That said, thousands of Tether holders are accumulating Meme Moguls, a project that’s seen 90% returns during its presale and recently hit a milestone of raising $2.5 million. Here’s why.
Tether Daily Trading Volume Passes $60 Billion
Over the last 24 hours, Tether’s daily trading volume increased by 35%, taking the project’s trading volume to $60 billion. This is a huge win for Tether and shows that the cryptocurrency market is gaining momentum.
As Tether continues to grow its ecosystem and investors prepare for Bitcoin halving, experts believe that Tether could pass the milestone of $100 billion in market cap. This would solidify the project’s position as the world’s 3rd largest cryptocurrency by market cap.
Given its importance in farming and decentralized protocols, Tether will remain a key player in the DeFi market as the market continues to grow. However, the project’s major downside is that while stable, it offers very small returns.
Being pegged to the dollar, Tether completely relies on real-world trends to derive value. Given that the U.S. dollar is currently experiencing high inflation, Tether could face losing its purchasing power.
As a result, many Tether holders are now diversifying their holdings and accumulating high-potential presales such as Meme Moguls, which is set to soar once its presale ends on February 28.
Why Are Tether Investors Buying Meme Moguls?
Meme Moguls is attracting investors worldwide with its unique use case, high returns, and disruptive potential. The project, which is expected to list on Uniswap on February 28, has already increased in value by 90% during its presale, with experts now predicting 35x returns for early investors. But that’s not all.
Meme Moguls introduces the world’s first virtual meme stock market. This market will be unlike anything in circulation and will empower investors and meme enthusiasts alike. Using this stock market, users can build virtual stock portfolios, learn new investing strategies, and network with other players.
Meme Moguls will offer a game preview prior to its listing next week. During this preview, Meme Moguls investors will be able to see various game features. These will include the stock market, game modes, leaderboards, and more.
Shortly after its listing on Uniswap, Meme Moguls will start phase 1 of its game’s release. This will occur on March 11, during which investors will be able to play the Meme Moguls game for the first time. This highly anticipated event is expected to further drive up the price of $MGLS while attracting thousands of new players.
With limited time to get involved in the Meme Moguls presale, investors can purchase $MGLS for $0.0036 through the official Meme Moguls website. Investors who buy now can still win presale prizes as part of the project’s presale giveaways. These have previously included gadgets, holidays, and experiences.
For more information about the Meme Moguls (MGLS) Presale:
Visit Meme Moguls | Join the Community
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