Shiba Inu And BONK Holders Ape Milei Moneda: Is This New Memecoin Ready For A 100x Rally

TLDR

  • Milei Moneda ($MEDA) is speculated to witness a 100x rally after listing on Uniswap. 
  • Analysts predict a 12% decline for Shiba Inu (SHIB) this week.
  • BONK’s price is projected for an 11% surge. 

Milei Moneda ($MEDA), a meme coin with radical economic ideas, is currently creating a buzz with its potential for a staggering 100x rally, drawing significant attention from investors of Shiba Inu (SHIB) and BONK. However, the question on everyone’s mind is: Can Milei Moneda live up to its potential? Read on to find out now! 

Economize Like Milei: Invest in $MEDA!

Shiba Inu Investors Flee Amid Bearish Outlook

Recent on-chain metrics reveal a significant drop in transactions on Shibarium, with a negative net flow of 3,015%. Since reaching its yearly high in March, SHIB’s price has substantially declined. It is trading within a descending triangle, showing reluctance to break above or below.

This lackluster performance has left SHIB investors growing impatient, leading many to sell off their tokens in search of the best cryptos to invest in as alternatives. This shift in sentiment is also evident in SHIB’s crypto market cap, which has plummeted by 2% over the past month.

Despite an encouraging message from Lucie, the official marketing lead of the Shiba Inu team, on May 20, crypto experts remain bearish about SHIB’s future. They predict a further price drop of 12% over this week. 

Bonk’s Volatility Level Sparks Caution

BONK has maintained its position as a top ten cryptocurrency, ranking 7th in the meme coin sector. With an astonishing price increase of 7,758% over the past year, BONK has outperformed 97% of the top crypto coins, including Bitcoin and Ethereum.

Notably, BONK surged by 26% last week, reaching a critical resistance level before pulling back by approximately 13%. Despite this decline, BONK still boasts a solid 34% weekly rise overall.

With 15 green days out of the last 30 and trading above the 200-day SMA, BONK seems poised to continue its weekly gains, with a projected surge of 11%. However, given its High volatility level of 9.57%, traders are advised to proceed cautiously

New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!

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Milei Moneda Aims for 100x Growth by the End of 2024

Predicting exact market movements is always challenging, but several factors indicate that $MEDA has the potential for exponential growth, with projections of a 100x rally. Milei Moneda’s unique blend of meme culture, political satire, and robust financial mechanisms positions it to attract significant market interest, driving liquidity.

This is evidenced by the recent migration of SHIB and BONK holders to the presale of Milei Moneda. These investors are transitioning from volatility, uncertainty, and losses to the assurance, stability, and gains offered by Milei Moneda.

Security is paramount in the crypto world, which is why Milei Moneda has undergone thorough smart contract audits by reputable firms, ensuring the platform’s safety and reliability.

Milei Moneda’s native token, $MEDA, has recently launched on Uniswap at a price of $0.020. The launch brought up to 100% gains for its presale investors who joined the presale in Stage 1 at $0.010 per $MEDA.

Interestingly, Milei Moneda aims to sustain profitability for its investors and eye over 100x gains by the end of the year!

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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