XLM bullish ahead of Stellar network upgrade; Meme Moguls gains momentum

2:29 pm
January 25, 2024

# Stellar (XLM) Anticipates Upswing with Upcoming Network Upgrade as Meme Moguls Gathers Momentum

Stellar (XLM) appears to be on the brink of a bullish trend with the impending launch of smart contracts on its mainnet. Meanwhile, amidst the recent market volatility, Meme Moguls (MGLS) has garnered substantial attention, potentially positioning it as a standout meme project in the current market cycle.

## Stellar Prepares for Protocol 20 Upgrade

The Stellar Development Foundation (SDF) recently disclosed that the implementation of smart contracts functionality on the Stellar network has reached a significant milestone. The network is set to integrate Soroban smart contracts on the mainnet following a validator vote scheduled for January 30. The anticipated upgrade, known as Protocol 20, will support this functionality. Denelle Dixon, CEO and Executive Director at Stellar Development Foundation, emphasized the significance of the launch of Soroban smart contracts, asserting that it lays the foundation for a more inclusive future for Stellar.

## Meme Moguls Presents Opportunity with Meme-Backed Exchange

As the broader cryptocurrency market seeks to recover from recent downturns, there has been a shift in focus towards tokens in the presale market that hold substantial investment potential and are relatively unnoticed. Amidst this trend, Meme Moguls has emerged as a noteworthy project within the meme coin space. The platform amalgamates simulated trading of popular meme-based tokens with play-to-earn tokenomics, offering the meme coin community the opportunity to profit from viral meme performance while engaging in P2E games. Additionally, holding the native MGLS provides exclusive access to passive income opportunities, staking, and earning rare NFTs through gameplay achievements.

## Should You Consider Investing in Stellar (XLM) and Meme Moguls (MGLS) Now?

XLM serves as the native cryptocurrency within the Stellar ecosystem, primarily driving the platform’s digital payments network. As it nears $0.11, the token exhibits potential for an upward surge, especially as it approaches an upgrade that introduces smart contracts capabilities. On the other hand, MGLS, with its unique utility and potential to dominate the meme coin space, is viewed by analysts as a potentially high-yielding token. With MGLS currently priced at $0.0036 in the fifth stage of its presale, early adopters could potentially witness further gains as the project transitions to the trading market.

Want to explore opportunities with Meme Moguls? Visit their [website](https://mememoguls.com/?utm_source=Coinjournal&utm_medium=PR&utm_campaign=1925).

## FAQ

### What is Stellar’s upcoming Protocol 20 upgrade?
The Protocol 20 upgrade on the Stellar network will introduce smart contracts functionality, bringing significant advancements to the platform.

### Why is Meme Moguls gaining attention in the market?
Meme Moguls has gained attention due to its unique combination of simulated trading of meme-based tokens and play-to-earn tokenomics, along with its potential for passive income opportunities through staking and NFT rewards.

### Is now a good time to invest in Stellar (XLM) and Meme Moguls (MGLS)?
With Stellar’s upcoming network upgrade and Meme Moguls’ promising features, both XLM and MGLS present potential investment opportunities, but due diligence is recommended before making any investment decisions.


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