What you'll learn 👉
TLDR
- Runes token launch lead to a massive $107 million in miner revenue.
- Milei Moneda ($MEDA) emerges as the best cryptocurrency to invest in in 2024.
Recently, Runes Protocol launched on the Bitcoin blockchain on the same day the fourth BTC halving event took place. This led to a significant rise in miner earnings and transaction fees. On the other hand, Milei Moneda ($MEDA) is now the top crypto to buy as it promises a 50x ROI. Let’s discuss what’s happening in the crypto world and pick the best crypto investment option!
Economize Like Milei: Invest in $MEDA!
Runes Protocol Causes Surge in Bitcoin Miner Earnings
The launch of Runes token on the Bitcoin blockchain led to a record $107 million in miner revenue on the same day of the fourth Bitcoin halving event. Runes protocol, which enables the creation of fungible tokens, boosted miners’ earnings significantly despite a drop in block rewards by 50%.
On April 20, the same date as BTC’s fourth halving, the Runes token standard was launched, causing a massive rise in transaction fees to a remarkable average of $128, with daily fees totaling $80 million.
However, this huge transaction fee wasn’t sustained, as it dropped to around $34 the following day. This new fee is still higher than the $18 fee recorded a day before the halving event.
The launch of the Runes protocol drew huge interest from the crypto community, especially among enthusiasts of non-fungible tokens (NFT) and memecoin.
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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Show more +Despite the huge rise in miner fees and revenue, the number of new BTC addresses failed to increase. In fact, IntoTheBlock’s head of research, Lucas Outumuro revealed on X that the activity was majorly driven by existing crypto users rather than new investors.
$MEDA Thrives Among Top Crypto Coins With 50x Growth Potential
Milei Moneda, a renowned meme coin with a vast community of dedicated members, is taking the lead in the crypto space. The new meme could have the potential to generate significant returns. That’s why $MEDA has caught the interest of crypto investors all over the world.
Going beyond financial gains, $MEDA holders are granted voting rights, meaning they can take part in governance activities. Notably, they also get to enjoy discounts and access to exclusive content. Therefore, experts believe Milei Moneda is the best crypto for beginners who are finding their way around the meme coin market.
With $MEDA creating a new era of innovation in the meme coin market, investors are presented with an excellent opportunity to take advantage of its growth trajectory.
By employing an effective airdrop distribution model, Milei Moneda remains one of the best cryptos to invest in as it aims to distribute tokens to its community, increasing investors’ anticipation for its launch. Moreover, Hodlers of $MEDA have access to exclusive trading content while also earning rewards in the form of NFTs.
With the aim of creating scarcity in its tokenomics, Milei Moneda dedicates 15% to liquidity, 5% to burns, 5% to airdrop, 15% to marketing and rewards, and 60% to the public. This distribution structure shows potential for future appreciation, making it the best crypto to invest in.
In Stage 1 of its presale, more than 40 million $MEDA tokens were sold, and the figure has reached over 64 million. Having proceeded to Stage 2 of its presale with a price of $0.0125, investors are anticipating a 60% ROI as $MEDA prepares for its launch on Uniswap on May 21 at $0.020.
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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