Is A Correction Imminent On BONK And PEPE? Investors Move To New Presale Memecoin For 100x Gains

TLDR

  • BONK faces competition for the top spot in the Solana ecosystem against Dogwifhat as its day-on-day losses pile up. 
  • PEPE takes an overnight price correction hit while maintaining weekly profits. 
  • Milei Moneda ($MEDA) becomes the new center of attraction as the $MEDA presale gradually approaches its end.

The meme coins were quick to react to Bitcoin’s recent halving, so it’s almost expected that they are sensitive to any event in Bitcoin’s timeframes. The giant crypto coin pulled back by about 2% over the weekend, and PEPE and BONK opened the week on losses.

As investors consider WIF a better investment plan, BONK is already facing enough competition from its sister project, Dogwifhat. Both rank among the top altcoins, and BONK has made significant progress since its grand entry, but the altcoin price difference keeps investors hesitant.

Pepe is another meme coin recently hit by Bitcoin’s correction. It is your typical meme token, twice over, and the project is known to blow anywhere the media speculation goes. Many users are not over PEPE’s heartbreaking slump in 2023, and its extremely volatile nature makes Pepe a cautious investment.

Meanwhile, Milei Moneda ($MEDA), a new meme coin, is leveraging its DeFi ambitions to break into the top crypto coins list. While the meme coin is relatively new, $MEDA is set on its dream.

Economize Like Milei: Invest in $MEDA!

BONK vs PEPE

It’s two powerhouse meme coins going neck-and-neck for profits this week after they led the losses for the meme coin sector over the weekend. Moreover, BONK and PEPE have profited from Bitcoin’s pump this year, with the halving capping an excellent run for either token.

Despite the weekend losses, neither BONK nor PEPE is on a weekly loss. They still trade on 31% and 25% profits, respectively, leading many traders to think their downturn is only short-lived.

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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Moreover, given their status as two of the best altcoins in the market, investors expect BONK and Pepe to bounce back quickly enough. However, how quickly depends on whether the investors are willing to stand by and watch the drama unfold.

There’s a lot of investing and trading to do, and for now, BONK has the upper hand over PEPE from the investors. Apart from trading on superior profits, BONK has authorized a token burn that would see its altcoin price spike in the next few weeks.

But a third meme coin is already positioned as an altcoin to buy this year: Milei Moneda!

Milei Moneda is Becoming a Horde of Top Meme Coin Whales

While the rest of the meme coins struggle for profits, Milei Moneda is targeting far more permanent prospects. Of course, profits are a significant feature of $MEDA, but it is far more than a regular meme token.

With DeFi at the center of its activities, Milei Moneda aims to compete with the best DeFi coins in the market. The token is past the meme coin battle, and after outshining its rivals with its exceptional presale growth, Milei Moneda has its sights set on top DeFi projects.

The community on Milei Moneda is a group of token holders that will monitor and ensure the development of the platform. Their voting will bring only the best DeFi projects to life on the Milei Moneda ecosystem, ensuring that users all over the crypto-verse benefit from Milei Moneda‘s features.

The profits from the DeFi apps and the deflationary policy on Milei Moneda will keep long-term stakers in the green. Therefore, experts believe investors can never be wrong if they hold $MEDA long enough.

Moreover, the presale is offering short-term returns for all investors who will get their $MEDA tokens on time. $MEDA is currently in Stage 2 of its ongoing presale, offering exciting profit prospects for investors. Investors can now buy $MEDA tokens at $0.0125 each and stand in line for 60% ROI when the token launches at $0.020 on Uniswap on May 21, 2024!

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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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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