What you'll learn 👉
TLDR:
- BONK’s double-digit altcoin price tank could indicate even worse dips.
- Reactionary PEPE dips following Coinbase listing delay.
- The Milei Moneda ($MEDA) presale remains in the crypto spotlight as traders invest in $MEDA tokens.
Meme coins have been peak entertainers this year, and we are not talking memes here. After its re-introduction to the crypto-verse in 2023, BONK became the spotlight, while Pepe gave users a reason to hope again, especially after last year’s PEPE fiasco. Both top altcoins in the meme sector have hit their limits, though, and Milei Moneda ($MEDA) looks like an excellent option for the next top crypto to buy.
Let’s explore future price projections for BONK, PEPE, and $MEDA to pick the best crypto investment option!
Economize Like Milei: Invest in $MEDA!
Sell Pressure at It Again on BONK: What’s Next?
BONK set its ATH in February 2024, and the token has not been quite as bullish ever since. The Bitcoin-inspired pump was an excellent run for BONK to continue its upward trend, but the meme coin hasn’t kept up since then. Currently, BONK is caught between a rock and a hard place, as the bears are having a field day.
The past week saw BONK slip among the best altcoins, as it recorded about 17% in losses. Other market indicators, like the Accumulation/Distribution Line, show that users are distributing their BONK tokens more than they are accumulating them. This is one of the key signs of selling pressure, and BONK seems to be headed even further down that road.
With BONK’s investors dumping on the meme coin, we are seeing the altcoin price visit new support levels daily. Crypto traders will have to look elsewhere for their altcoins to buy in the short term.
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Show more +PEPE Leaves Investors Conflicted on Predictions
Meme coins veterans were still reeling from the aftermath of Pepe’s failed surge in 2023 when the token surprised everyone with a renewed rally early in 2024. PEPE competed closely with Solana meme coins and other new ICOs in consecutive altcoin rallies, leading the weekly top gainers at different times.
PEPE has been lackluster since Bitcoin tanked, but Coinbase’s announcement of Pepe futures renewed interest in the token. The launch which was planned for April 18, 2024, has been postponed due to technical issues, and Pepe’s surge has been overshadowed by a significant panic selling.
Pepe users seem to be extra nervous these days, and as soon as some of them heard news of the postponement, they sold out on PEPE. About 69% of them were in profit before April 18, and it was only easy for them to cash in on their profits before Pepe dipped again.
Milei Moneda: Memes, Check; Profits, Double-Check
Milei Moneda is one of the new ICOs giving the top crypto coins a run for their money, and it’s worth the run. $MEDA is a meme coin, with its plans for real-life utility and, ultimately, profits. Moreover, investors only speak the language of profits, and Milei Moneda offers them meme side servings.
Milei Moneda’s profits will come from DeFi features and its deflationary $MEDA token. The DeFi sector is about to see a meme coin among its number, and Milei Moneda’s community will have its hands full with the approval and building of top DeFi projects.
The idea is to leverage Milei Moneda’s reach on social media to drive traffic to the DApps and generate profits from the increased usage.
Additionally, $MEDA’s altcoin price is set to rise steadily, along with a decrease in token supply. Tokens will be burned on the platform as more traders use Milei Moneda tokens. Experts believe it’s going to be a jolly ride for long-term traders.
Furthermore, Milei Moneda’s price growth potential makes it one of the altcoins to watch. The tokens are worth $0.0125 each, and buying $MEDA coins now guarantees 60% profits by May 21, the launch date of $MEDA on Uniswap.
Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!
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