**Summary:**
The market dominance of Binance has dipped by 5% in 2023 due to regulatory issues and the resignation of its former CEO, Changpeng Zhao. However, it remains the top crypto exchange by market share, as revealed by a TokenInsight report. Meanwhile, Meme Moguls, a new meme-backed trading platform, is gaining significant interest from cryptocurrency enthusiasts during its presale.

**Binance Market Dominance Declines Amid Regulatory Issues**
Binance, the world’s largest crypto trading exchange, witnessed a 5% drop in its market share in 2023, attributed to regulatory challenges and the resignation of its former CEO, Changpeng Zhao. The regulatory issues included a lawsuit by the US Securities and Exchange Commission (SEC) and a $4.3 billion settlement with various government agencies. Despite these setbacks, Binance has demonstrated resilience, with its market share stabilizing at around 48.7% by the end of 2023.

**Meme Moguls: A New Player in the Crypto Market**
Amid the rise of meme coins in the cryptocurrency market, Meme Moguls (MGLS) is a new meme-backed trading platform that is attracting significant attention during its presale. The platform aims to provide a space for trading meme-inspired assets, offering users the opportunity to earn rewards by showcasing their trading skills. Additionally, Meme Moguls’ native token, MGLS, presents various earning opportunities through staking, liquidity provision, and NFT trading.

**Is Meme Moguls Presale a Viable Investment?**
The presale of Meme Moguls’ token, MGLS, is currently underway, with each token priced at $0.0027 in the fourth stage of the presale. As the broader market for meme coins continues to gain traction, Meme Moguls stands to capture a significant portion of this market, potentially positioning MGLS as one of the top altcoins to consider investing in.

**FAQs**
1. **What led to the decline in Binance’s market dominance?**
Regulatory challenges, including a lawsuit by the SEC and the resignation of Binance’s former CEO, Changpeng Zhao, contributed to the decline in Binance’s market dominance.

2. **What sets Meme Moguls apart in the crypto market?**
Meme Moguls is a meme-backed trading platform that allows users to trade meme-inspired assets and earn rewards based on their trading activities. Additionally, its native token, MGLS, presents various earning opportunities through staking, liquidity provision, and NFT trading.

3. **Is Meme Moguls’ presale a viable investment?**
The presale of Meme Moguls’ token, MGLS, is currently ongoing, and with the growing popularity of meme coins in the market, Meme Moguls could establish itself as a significant player, potentially making MGLS one of the promising altcoins to invest in.