$MEDA Takes Over Meme Narrative as Dogwifhat and BONK Holders Cope With Retracing Prices

TLDR

  • Dogwifhat seems to be in a cooling-off period already, as WIF faces day-to-day losses.
  • BONK faces investor dump as new Solana meme coins surface.
  • Milei Moneda ($MEDA) moves on to presale Stage 2, and according to experts, $MEDA is not slowing down anytime soon.

It has been a great run for the meme coins, with Solana duo Dogwifhat (WIF) and BONK at the forefront of the recent meme coin charge. With little to sustain their altcoin pump, both WIF and BONK are slumping from the top crypto coins list. They have passed on the baton, and Milei Moneda ($MEDA) is the next best crypto to buy.

Economize Like Milei: Invest in $MEDA!

Dogwifhat: Dogecoin Replacement Faces Latest Sell Pressure

Dogwifhat was one of the two promising projects that came out of the Solana ecosystem last year. WIF stole the hearts of many meme coin enthusiasts with its airdrop, setting it up for a stellar launch.

And the launch was nothing short of stellar. In a short time, WIF was ranking among the top crypto coins, leading the meme coins in profits and even threatening the top altcoins in terms of market cap. Dogwifhat might have overdone it, though, as WIF has slipped beneath its profit streak.

Dogwifhat is still on some weekly profits, but the day-on-day trading has shown some signs of an incoming bearish trend. However brief the bearish trend is, WIF investors will have their work cut out for them, pulling Dogwifhat back to the green.

New Memes Pressuring BONK Into Submission?

BONK is Dogwifhat’s genius twin, as both tokens surged to mind-blowing profits despite a bearish market in 2023. Using the reach of the Solana ecosystem and their well-timed airdrops, BONK and WIF have made their marks in crypto history.

That history might be coming to an end on WIF, but BONK is getting some attention even as the token slipped into losses at the close of the week. BONK is 4% down, and some traders think the altcoin price is in a perfect position for a buy. Significant buy pressure at the current position can send BONK into a second price pump this year, as the Bitcoin halving is drawing near.

Despite the launch of newer Solana meme coins, BONK seems to be holding out for profits. If the buying pressure is not sufficient, BONK investors must be ready for a huge drop, Bitcoin halving or not.

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Milei Moneda: ‘No Games, Just DeFi and Real-Life Utility’

Other meme coins might be interested in psyching their users up, relying on the resultant social media speculations to cause a rally, but not Milei Moneda. $MEDA is here to stay, and while there’s so much fun in store for the users, there will be no mind games.

Don’t get us wrong; the $MEDA token is not forsaking its meme coin status. Instead, it has a horde of real-world utility to provide rather than simply launching social media stunts for small-time returns.

For one, the $MEDA community will be a perfect setup for innovative DeFi solutions, allowing users to contribute to Milei Moneda. The solutions approved by the community will comprise Milei Moneda’s ecosystem. For their part, members of the community will access monthly freebies like discounts and giveaways in addition to long-term profits from staking.

If you’re a fan of trending NFTs, Milei Moneda‘s got plenty of them, only if you will HODL your $MEDA tokens. Community members will have exclusive access to NFTs, with the option of staking for even more profits. Throw in access to discounts, exclusive content, and giveaways, and you’ll see why Milei Moneda is one of the best cryptos to buy in 2024.

Investors can’t seem to get enough of $MEDA, either. The presale is in Stage 2, and the token price is up to $0.0125, but there are still more profits ahead. 

Get hooked on $MEDA today and start your countdown to 60% ROI in a month!

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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