Shiba Inu Price Decline Triggers Whale Migration to Moodeng ETH Presale

The meme coin market is not an exception to market volatility. A coin that has made millions for multiple investors is also not prone to rapid declines. This was recently seen in the case of Shiba Inu. 

Moreover, declines in the prices of Shiba Inu have changed investors’ sentiment lately. Investors are now moving toward new opportunities, including Moodeng ETH, which is currently in presale. With Moodeng ETH offering a presale profit potential 10x, whales thus consider it relatively more promising in the prevailing market outlook.

So, let us have a look at Shiba Inu and Moodeng ETH and the opportunities they present in the market:   

Shiba Inu vs Moodeng ETH

Shiba Inu

One of the most popular names in the meme coin space, Shiba Inu has taken some notable price hits in 2024. The hype that once rocketed the prices of Shiba Inu seems to have faded as several other memecoins have entered the market. 

While, Shiba Inu does have a loyal community, a large token supply and recent price drops have presented too much uncertain risk for the investors. This is why most of them are looking to migrate from Shiba Inu to other interesting options like Moodeng ETH.

Moodeng ETH

Moodeng ETH ($MOOETH) presents itself as the ultimate memecoin option with its community-driven approach and a bright vision of growth. The Moodeng ETH presale price is set at $0.000001. Considering that Moodeng ETH will jump to a 10 times multiple during launch, savvy investors are eyeing this opportunity. 

Moreover, Shiba Inu investors are looking for the next big thing in the memecoin market, and Moodeng ETH exactly offers that. The tokenomics are pretty attractive, as 80% of the total supply of Moodeng ETH coins would be available for presale and create liquidity and demand from day one. On the other hand, Shiba Inu has a vast token supply that raises concern over long-term value appreciation.

Why are Investors Leaving Shiba Inu For Moodeng ETH?

Investors leaving Shiba Inu for Moodeng ETH aren’t entirely about a new meme coin; it’s about timing and potential. While Shiba Inu has had its share of high returns, $MOOETH offers an early entry at a relatively low cost and a higher possibility of long-term gains. 

Moreover, Moodeng ETH’s theme, its colorful take on the crypto market’s ups and downs, and its very energetic community make this investment appealing for the Shiba Inu whales wanting to get into it before the coin takes off post-launch.

As this presale ends on 15th October 2024 and investors are already moving from Shiba Inu to Moodeng ETH, it can be said that the coin has all the potential to be the next leader in the memecoin market. 

Know more about Moodeng ETH at https://moodengeth.meme

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