What you'll learn 👉
TLDR
- Analysts say TRON (TRX) could suffer further price decline.
- Experts believe Arbitrum (ARB) could find resistance at $1.19.
- Milei Moneda’s ($MEDA) presale offers the most lucrative profits, prompting investors to move funds to the project.
TRON (TRX) has lost 6.9% in the past month as geopolitical issues affect the crypto market. Meanwhile, Arbitrum (ARB) remains below its price a year ago as token unlocks and unfavorable market conditions slow price growth. On the other hand, Stage 3 of Milei Moneda’s ($MEDA) presale draws closer.
But the question is, how much will $MEDA gain in Stage 3? Let’s find out.
Economize Like Milei: Invest in $MEDA!
TRON Begins Slow Recovery After a Bearish Phase
The Tron network’s profile has grown a lot in the past year. It became the top network for stablecoin transactions, especially USDT, taking 40% of the market share. This feat helped TRX gain 81% in the past 12 months.
However, a brutal price correction worsened by rising tensions in the Middle East caused prices, including TRX’s, to tumble. The token has yet to fully recover from the blow. TRX is down 6.9% in the past month.
Analysts say TRX might further fall to $0.095 in the next few weeks. However, they add that TRON might pump much later during the expected 2024 bull market.
Investors Groan As Token Unlocks Keep ARB Price Down
Arbitrum is currently down 24.7% YTD. Interestingly, the cryptocurrency experienced a brief surge during the last rally. However, all of ARB’s gains have been eroded.
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Show more +Analysts say Arbitrum’s monthly token unlocks are to blame. The project regularly unlocks hundreds of millions of tokens, flooding the market with ARB tokens. This leads to excess liquidity and price dumps.
ARB’s woes were worsened by the general sell pressure caused by investors dumping their crypto assets for more stable assets as the threat of war loomed in the Middle East. As a result, the token has lost 28% of its value in the past month.
Nevertheless, with the next token unlock happening in less than 20 days, analysts say ARB could remain around $1.19 over the next few weeks.
$MEDA Closes in On $0.015, Before Its Launch In May
Milei Moneda’s presale has recently been one of the most exciting events in the crypto space. This is because of the huge gains that investors have made and the future gains that are still ahead. The presale is currently in Stage 2, and $MEDA is sold for $0.0125. This is a 25% surge from the Stage 1 price. By Stage 3, $MEDA will gain a further 20%, increasing to $0.015.
The token will eventually reach $0.020 at its Uniswap launch on May 21, marking 100% and 60% increases from Stages 1 and 2, respectively. These potential profits have attracted many investors to the presale, with 64 million $MEDA tokens sold so far.
Investors can also expect further surges after the launch. This is because five percent of $MEDA’s supply will be burned to create scarcity. Additionally, investors will get voting rights, access the coolest NFT collections, enjoy discounts, and earn NFT staking rewards.
They also become a part of the Milei Moneda community. They can interact with other members and participate in giveaways. These huge gains and other benefits make Milei Moneda the best coin to invest in.
Summary
TRON struggles to replicate earlier success as adverse market forces hit. Meanwhile, Arbitrum investors count their losses as the token releases ensure the price remains low. As other altcoins struggle, $MEDA is close to another surge. Therefore, experts advise investors to get in early to benefit from the upcoming $MEDA pump.
Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!
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