What you'll learn 👉
TLDR
- Musk is making positive moves in DOGE’s favor.
- BONK is in an upward trend, rising 26.11% over the past week.
- $MEDA is set to be one of the top crypto coins of 2024.
Dog-themed cryptos have been surging in price, especially Dogecoin, whose recent price rise can be attributed to Musk’s influence. Milei Moneda ($MEDA) has emerged as a new challenger because investors see it as the best cryptocurrency to invest in following its presale. Elsewhere, BONK has risen in price lately, but can it hold its ground? Let’s find out.
Economize Like Milei: Invest in $MEDA!
Dogecoin (DOGE) Sees Revival: Elon Musk’s Influence Behind Surge
Recently, Dogecoin experienced a price surge. Over the past week, DOGE showed significant revival signs with a 24.98% rise. It has also made gains over the past month, rising 66%, which makes it a top crypto to buy in 2024.
One major factor influencing the quick rise of Dogecoin (DOGE) is Elon Musk’s influence, whose social media activities, especially on X, have played a huge role in elevating Dogecoin’s profile.
One significant move from Musk was his recent procurement of money transmitter licenses in Oregon, New Mexico, and Illinois, leading to discussions about the possibility of including Dogecoin (DOGE) in payment options on X.
Despite Musk’s initial indications that X payments won’t support cryptocurrencies during the launch, the tide is obviously turning, boosting the confidence of investors in Dogecoin (DOGE).
Musk has previously indicated his willingness to accept DOGE for Tesla payments alone, which fuels the increasing enthusiasm around Dogecoin.
BONK Sees a Remarkable Rise: But Can It Hold Its Ground?
BONK has been in an upward trend recently, experiencing price increases over the past week and month at 26.11% and 29.51%, respectively. There’s high optimism surrounding BONK as whale buying activity has continued, with certain investors paying close attention.
Furthermore, BONK’s upward trend aligns with a wider positive sentiment surrounding Bitcoin. Bitcoin’s move to reclaim the $71,000 mark has played a role in the market’s overall optimism, further leading to BONK’s price rise. Notably, an increase in investor risk appetite towards Solana tokens has also led to BONK’s rise.
Current trends point towards the continuous need for high-reward and high-risk crypto assets. However, BONK has yet to face the real test, and only time will tell if it can handle the tough competition ahead and claim a spot among the best cryptos to invest in.
Milei Moneda ($MEDA) Already Challenging Other Meme Coins
Milei Moneda, an emerging meme coin, has become a notable player in the crypto space and has garnered the attention of investors. This meme coin, which was inspired by Javier Milei, the president of Argentina, is a prime investment for individuals who want to make significant gains in the crypto market.
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Show more +$MEDA, the primary token of Milei Moneda, has a total supply of 500,000,000 tokens, of which 60% is allocated to the public. Milei Moneda operates on a zero percent tax, and as such, it is the best crypto for beginners.
In addition, $MEDA holders are entitled to some benefits like voting rights, NFT staking rewards, and exclusive NFTs. Other amazing offers for hodlers include monthly giveaways, virtual events, and exclusive Q&A sessions.
Top holders of $MEDA enjoy exclusive content and partake in exclusive events. Milei Moneda maintains a community of active members and creates good partnerships with influencers in the crypto space. These features make Milei Moneda stand out from other meme coins in the market. Therefore, Milei Moneda is the best crypto to invest in.
The $MEDA token price is priced at $0.010 in Stage 1 of its presale, but the price will hit $0.020 once it launches in May, meaning each $MEDA token will generate a 100% return on investment from its initial token price.
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