- Binance supports Zilliqa and Sei upgrades.
- Binance will ensure smooth transitions for users during ZIL and SEI network upgrades.
- Meme Moguls unveils play-to-earn fantasy meme trading game.
In a surge of crypto developments, Binance has announced its support for the upcoming upgrades of Zilliqa (ZIL) and Sei (SEI) networks. The exchange will ensure a seamless transition for users during the network enhancements.
Meanwhile, the crypto community is abuzz with the unveiling of Meme Moguls, a platform set to revolutionize meme trading, featuring a unique play-to-earn game that immerses users into the fantasy meme market.
Zilliqa Network upgrade
Zilliqa (ZIL), a prominent player in the crypto space, is gearing up for a significant network upgrade scheduled for January 3, 2024, at 12:00 PM Turkey time.
To facilitate this transformation, Binance announces a temporary suspension of ZIL token deposits and withdrawals from approximately 11:00 AM (Turkey Standard Time) on the same day. However, users can continue trading ZIL tokens seamlessly during this period on the Binance platform.
The ZIL network upgrade promises improvements in scalability and efficiency, aligning with Zilliqa’s commitment to providing users with a high-performance blockchain. Binance reassures its users that the trading of ZIL tokens on the platform will not be affected, ensuring a smooth user experience during and after the upgrade.
Sei Network upgrade
Simultaneously, the Sei (SEI) network is set for a substantial upgrade at block 49,519,931 or on January 3, 2024, at 8:00 PM Turkey time.
In preparation for this upgrade, Binance will temporarily suspend the deposit and withdrawal of SEI tokens starting at approximately 7:00 PM (Turkey Standard Time) on the upgrade day. However, users can continue trading SEI tokens on the Binance platform without interruptions.
The SEI network upgrade aims to enhance its capabilities, possibly introducing new features and optimizations. Binance emphasizes its commitment to managing all technical aspects diligently, ensuring users can navigate the evolving crypto landscape with confidence.
Meme Moguls’ meme coins play-to-earn game
As Zilliqa and Sei start 2024 with network upgrades, Meme Moguls takes centre stage with its unique play-to-earn game set to immerse players into the fantasy meme market trading world. The game offers captivating features, allowing players to create custom avatars using their favourite memes, work their way up to Mogul Status, and earn $MGLS tokens, currently in the presale stage.
As the crypto community witnesses overnight sensations like Pepe, Shiba Inu, and Dogecoin surging to $1 billion market caps, Meme Moguls provides an opportunity to trade these memes in a stock market-style meme trading platform. The game introduces character NFTs, rare NFT items, and mined materials representing real-world assets, creating a virtual economy within the Meme Moguls universe.
Meme Moguls also introduces game-changing features, enhancing the overall gaming experience. Players can stake NFTs to earn more $MGLS tokens, contributing to the decentralized nature of the platform. This staking mechanism allows users to earn rewards based on their share of the pool and annual returns percentage.
Furthermore, Meme Moguls provides an opportunity to earn while playing the game. Players can build their characters to elite levels, creating custom items for avatars. Achieving Mogul status unlocks the ability to sell skins, items, and other valuables in the Moguls Marketplace.
For those ready to test their meme-trading skills, Meme Moguls encourages users to start small and win big. The game provides a platform for meme market gurus to create a regular and substantial income stream. MGLS tokens can be used to obtain lootbox keys, unlocking valuable meme assets and rare NFTs, all tradable on platforms like OpenSea or the Moguls Marketplace.
Conclusion
The crypto landscape is evolving rapidly, with significant upgrades, new platforms, and innovative features reshaping the industry.
From Binance’s steadfast support for Zilliqa and Sei upgrades to the exciting unveiling of Meme Moguls, the crypto community continues to witness groundbreaking developments. As users navigate this dynamic environment, the fusion of technological advancements and entertainment in projects like Meme Moguls underscores the industry’s vibrant and ever-evolving nature.
The post Binance backs Zilliqa and Sei upgrades amid a new play-to-earn memecoin presale appeared first on CoinJournal.
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