Milei Moneda Presale Capitalizes on Market Dynamics To Raise More Funds: Can This New Meme Coin Outrun PEPE and FLOKI?

TLDR

  • Milei Moneda presents investors with a lifeline in a bear market.
  • Whale profit-taking might have led to PEPE’s slump.
  • FLOKI investors look towards better days after the dip.

Investors flock to Milei Moneda ($MEDA) as bearish sentiments invade the market. Meanwhile, whales cash in on their PEPE tokens and FLOKI plans a new ad campaign. 

How have these developments affected PEPE and FLOKI’s prices? And why is $MEDA considered one of the top crypto coins during this period? Read on to find out!

Economize Like Milei: Invest in $MEDA!

Milei Moneda Gains Popularity as Price Correction Hits

Milei Moneda is a new meme coin that combines humor, politics, and blockchain technology. This mix makes Milei Moneda unique. The project is inspired by the non-conformist ideals of crypto proponent and Argentina’s president, Javier Milei.

Its presale is currently running, and Milei Moneda has been able to attract thousands of investors already. Interestingly, the number of investors buying $MEDA during the presale has increased since a price correction gripped the market. Investors realized that they could buy $MEDA for $0.010 in Stage 1 of the presale and earn a 100% profit at launch when the price spikes up to $0.020. 

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In addition to this profit, investors also get voting rights, exclusive access to the coolest NFTs, and NFT staking rewards if they hold $MEDA. Milei Moneda also offers excellent future profit opportunities as 5% of $MEDA’s 500 million supply will be burned to create scarcity. 

Investors are also impressed by Milei Moneda’s security features. These features include smart contract audits from reputable firms, locked liquidity, and no team allocation.

The current and future earning opportunities and other benefits give Milei Moneda the chance to flip PEPE and FLOKI.

Economize Like Milei: Invest in $MEDA!

Whales Make $2 Million From Offloading PEPE

On February 28, it was reported that six wallets sold 1.98 trillion PEPE coins worth $4.3 million with a total profit of $2 million. The first wallet reportedly transferred $1.4 million worth of PEPE to Binance Exchange. This individual made a profit of $515,000 in just six hours. 

The second major sale involved five wallets suspected to be owned by one person. The wallets deposited $3.3 million worth of PEPE on Binance. The person made around $1.49 million from this sale.

Despite these sell-offs, PEPE surged 296% from $0.0000026 to $0.0000103 in just a few weeks. However, PEPE has since crashed back to the $0.0000075 area. This slump is caused by a general price correction as traders take profits amassed during the preceding pump.

Analysts predict PEPE can reach $0.00003683 when the 2024 bull cycle begins in earnest.

FLOKI To Run Ad in Times Square

On March 7, the FLOKI team announced that it was beginning an ad campaign in New York’s famous Times Square on March 15. Promotional content will be displayed on a huge double-sided HD LED screen that is directly beside the Nasdaq billboard in Times Square. The screen measures 56 feet wide by 29 feet high. It also has a total area of 1,624 square feet, larger than the average Manhattan home, according to PropertyShark. 

The advert will run for three months and will display a ten-second advertisement a minimum of four times per hour, airing for 20 hours per day, from 6 am to 2 am.

After the announcement, FLOKI gained 138%, rising from $0.0001306 to $0.0003113. However, FLOKI has since fallen to the $0.0002200 level after the market-wide pullback

Analysts say FLOKI can still reach $0.0010210 in the 2024 bull cycle. This makes FLOKI one of the very promising altcoins to watch this year.

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

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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