What you'll learn 👉
TLDR
- Experts back Milei Moneda ($MEDA) for 50x gains by the end of Q4 2024.
- BONK’s price is projected to dip to $0.00001987 before the month ends.
- Crypto analysts believe Dogwifhat’s (WIF) price could drop to $2.15 by May 26.
With declining prices and enthusiasm for Dogwifhat (WIF) and BONK, a new memecoin called Milei Moneda ($MEDA) seems poised to take the top spot. The groundbreaking project has taken the crypto market by storm with its highly successful presale, leading market experts to speculate that it has the potential for exponential 50x returns after its official launch on Uniswap.
But the main question is, can $MEDA compete with these top altcoins? Read on to find out more!
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Revolutionary Milei Moneda Aims to Lead Meme Coins
As popular Solana memecoins like BONK and Dogwifhat face a decline in their value, Milei Moneda has emerged as a strong contender for the top memecoin spot after completely selling out the first two stages of its ongoing presale.
The emerging project has made its mark as one of the best altcoins by combining the entertainment value of meme coins with practical utility.
Unlike most memecoins that primarily focus on humor or pop culture references, Milei Moneda takes a unique approach by incorporating the libertarian ideals of Javier Milei, emphasizing smaller government and free markets.
Milei Moneda appeals to individuals interested in decentralized currencies and politics by leveraging blockchain technology and implementing community governance.
Currently, Milei Moneda’s presale is in Stage 3, offering investors an altcoin price of $0.015. With its launch on Uniswap scheduled on May 21, 2024, new investors stand to gain a 33.3% ROI when $MEDA is listed at $0.020.
However, the excitement surrounding Milei Moneda extends beyond the presale phase, as experts speculate that $MEDA could see an astonishing 50x gains or more before the year concludes.
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Bithumb’s Listing Fails to Sustain BONK’s Rally
Bithumb, the second-largest cryptocurrency exchange in South Korea, recently made an announcement regarding the official launch of trading for BONK in the Korean Won market.
This crypto news generated substantial enthusiasm among investors, leading to a modest surge of over 5% in BONK’s price over the past week.
Unfortunately, the positive momentum proved to be short-lived as the broader market turbulence took its toll on the value of BONK. Over the past few days, BONK has experienced a nearly 8% decline, coinciding with its trading volume and a significant drop of over 40% within the same period.
Considering the prevailing bearish market conditions, industry experts anticipate a further decline in the value of BONK. Their projections indicate that the price of BONK could drop to as low as $0.00001987 before the end of May.
Bearish Sentiment Surrounds Dogwifhat as WIF’s Price Slumps
Dogwifhat has experienced significant growth since its launch, reaching a new ATH of $4.85 in March. However, its price has declined by over 13% in the last seven days. Similarly, the market cap of Dogwifhat has seen a nearly 6% decrease, falling below the $3 billion mark.
This recent decline in WIF’s price and market cap can be attributed to the overall downturn in the market, as it seems that investors are capitalizing on their profits and selling off their holdings.
Furthermore, Lookonchain’s data revealed that a whale sold 440,121 Dogwifhat tokens for 9,000 $SOL, valued at $1.3 million at the time, at an average price of $2.92.
As a result, many crypto analysts believe Dogwifhat’s value will continue to fall if market volatility persists. They forecast that WIF’s price could drop to $2.15 by May 26.
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