{"id":25337,"date":"2023-12-29T13:31:58","date_gmt":"2023-12-29T13:31:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/meme-moguls-grabs-investor-attention-as-trader-turns-62-into-2m-with-solana-meme-coin\/"},"modified":"2023-12-29T13:31:58","modified_gmt":"2023-12-29T13:31:58","slug":"meme-moguls-grabs-investor-attention-as-trader-turns-62-into-2m-with-solana-meme-coin","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/meme-moguls-grabs-investor-attention-as-trader-turns-62-into-2m-with-solana-meme-coin\/","title":{"rendered":"Meme Moguls grabs investor attention as trader turns $62 into $2M with Solana meme coin"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703855641354-5ced09aa-082b-4200-b550-e09bd1e8c57a-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703855641354-5ced09aa-082b-4200-b550-e09bd1e8c57a-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703855641354-5ced09aa-082b-4200-b550-e09bd1e8c57a-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703855641354-5ced09aa-082b-4200-b550-e09bd1e8c57a-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Meme Moguls (MGLS) has accelerated its presale as more participants bet on the new meme-based assets platform.<\/li>\n<li>Increaased investment in MGLS comes as one trader reportedly turns 1 SOL ($62 at the time) into $2 million as they traded a Solana-based meme coin.<\/li>\n<li>MGLS is priced at $0.0025 and in stage 3 of the presale.<\/li>\n<\/ul>\n<p dir=\"ltr\">In one spectacular moves in the crypto market, a savvy trader turned a modest $62 into a fortune as their bet on a Solana-based meme coin returned over $2 million. The trader\u2019s jackpot isn\u2019t isolated as more and more regular traders become adept at spotting gems across the market.<\/p>\n<p dir=\"ltr\">One of those likely to grab more attention as the crypto market flips bullish is <a href=\"https:\/\/mememoguls.com\/?utm_source=Coinjournal&amp;utm_medium=PR&amp;utm_campaign=1918\" rel=\"noopener noreferrer\" target=\"_blank\">Meme Moguls<\/a> \u2013 a new token set to bring the benefits of trade-and-earn to the increasingly profitable meme coins sector.<\/p>\n<h2 dir=\"ltr\">Huge win as meme trader 1.5 SOL into $2 million<\/h2>\n<p dir=\"ltr\">An on-chain analytics platform has alerted the crypto community to the exploits of one trader that managed to turn 1 <a href=\"https:\/\/coinjournal.net\/solana\/\">Solana (SOL)<\/a> into millions of dollars after trading a Solana-based meme coin.<\/p>\n<p dir=\"ltr\">According to <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1739933829421506901\"><u>details<\/u><\/a> shared by Lookonchain on December 27, the trader had used 1 SOL (worth about $62 at the time) to buy Silly Dragon (SILLY).<\/p>\n<p dir=\"ltr\">The transaction, initiated five minutes after SILLY opened trading, was for 43.1 million SILLY tokens and in 22 days, they had seen their bet grow to over $2 million worth of the meme coin. After cashing out $528k, the trader held over 9.7 million of the meme token (worth about $1.5 million).<\/p>\n<p dir=\"ltr\">Can regular traders make such money on meme coins? Recent rallies for Bonk (BONK), Pepe (PEPE) and other tokens have returned staggering profits for many traders.\u00a0<\/p>\n<p dir=\"ltr\">Earlier this year, one PEPE trader reportedly made $1.02 million from a $250 investment, while another invested $4,410 and saw it return $1 million.<\/p>\n<p dir=\"ltr\">While major losses have also occurred in the crypto market, it could be argued that the chances of an opportunity of a lifetime are also there. Due diligence is critical and the initial investment doesn\u2019t have to be all that one owns.<\/p>\n<h2 dir=\"ltr\">Meme Moguls: Play, trade and earn with meme coins<\/h2>\n<p dir=\"ltr\">Meme Moguls is a new meme-based platform offering a stock market-style trading exchange. At its core, Meme Moguls is designed to offer earn opportunities to meme coin traders.<\/p>\n<p dir=\"ltr\">Powered by the ERC-20 token MGLS, Meme Moguls is an exchange whose ecosystem leverages an innovative play-to-earn game to give users the opportunity to earn from all the trending meme coins.<\/p>\n<p dir=\"ltr\">Whether it\u2019s Dogecoin, Shiba Inu, Bonk or other meme coin making waves in the market, traders will have a chance to put their trading skills to test as they earn MGLS. The combination of gaming, trading and meme power, with no buy or sell tax, could be a game-changer.\u00a0<\/p>\n<p dir=\"ltr\">This might see Meme Moguls trending as one of the <a href=\"https:\/\/coinjournal.net\/compare\/best-play-to-earn-crypto-games\/\">best play-to-earn platforms<\/a> to add to the tag of being one of the hottest presale projects today.<\/p>\n<h2 dir=\"ltr\">Meme Moguls presale<\/h2>\n<p dir=\"ltr\">As noted above, Meme Moguls is currently in stage 3 of its presale. Its potential to redefine meme coin trading via P2E gaming has seen over $1.1 million raised as of December 29.\u00a0<\/p>\n<p dir=\"ltr\">This phase of the roadmap offers crypto enthusiasts a chance to be early birds ahead of its official launch in 2024. 60% of the total 3 billion token supply is available during the presale.<\/p>\n<p dir=\"ltr\">With MGLS as the governance and in-game currency for the ecosystem, its importance means it could become increasingly valuable to holders.<\/p>\n<p dir=\"ltr\">According to details on the <a href=\"https:\/\/mememoguls.com\/?utm_source=Coinjournal&amp;utm_medium=PR&amp;utm_campaign=1918\" rel=\"noopener noreferrer\" target=\"_blank\">presale page<\/a>, the early offer has MGLS priced at just $0.0025, making this potentially a great entry point. Analysts are also tipping this token for a possible 100x move when Meme Moguls goes live.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/meme-moguls-grabs-investor-attention-as-trader-turns-62-into-2m-with-solana-meme-coin\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Meme Moguls (MGLS) has accelerated its presale as more participants bet on the new meme-based assets platform. Increaased investment in MGLS comes as one trader reportedly turns 1 SOL ($62 at the time) into $2 million as they traded a Solana-based meme coin. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":25338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25337"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25337"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25338"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}