TLDR
- Certain profits help Milei Moneda ($MEDA) stand out as an excellent investment option.
- An unfavorable market prevents a future Polygon (MATIC) pump.
- Market dip erodes SUI’s gains.
Investors rush to Milei Moneda ($MEDA) as its presale generates steam. Polygon (MATIC) hits a new milestone despite a price dip. Meanwhile, a European stock exchange is considering building on SUI.
How can investors enjoy $MEDA’s profits? And how could these developments affect MATIC and SUI? Let’s find answers.
Economize Like Milei: Invest in $MEDA!
Mouth-Watering Profits Await Milei Moneda Investors
Milei Moneda has become the most talked about new cryptocurrency due to its lucrative presale. Investors who bought in stage 1 can gain 100% profit on their initial investment when they purchased $MEDA. Now in stage 2, the presale offers a guaranteed return of 60%. This certain gain has made investors buy millions of $MEDA tokens.
$MEDA is Milei Moneda’s membership and governance token. It is currently sold for $0.0125 in Stage 2 of the presale. It has a supply of 500 million tokens. 60% of this supply is for public distribution, 15% for funding liquidity pools, and another 15% for marketing and rewards. Also, 5% will be burned, with the last 5% reserved for airdrop events.
Other perks of owning $MEDA include voting rights, exclusive access to the coolest NFTs, NFT staking rewards, and discounts. Milei Moneda is also home to an active community on X, Discord, and Reddit. Community activities include regular giveaways, virtual events, and Q&A sessions.
Finally, investors’ funds are protected by smart contract audits, zero team allocation, no transaction taxes, and locked liquidity. All of these make Milei Moneda the best crypto to invest in now.
Economize Like Milei: Invest in $MEDA!
Polygon Stakes Claim in the Stablecoin Space
On March 28, 2024, it was noted that Polygon had become the sixth-largest stablecoin chain. Polygon’s stablecoin market cap hit $1.5 billion, marking an 18% YTD increase.
Analysts agree that Polygon’s higher stablecoin market cap indicates a larger pool of liquidity, making trading on the chain easier and leading to a more efficient market. Consequently, more transactions will happen on the Polygon chain.
However, this increased stablecoin activity has not positively affected MATIC’s price. MATIC has lost 11.9%, falling from $1.01 to $0.89. Analysts explain that the general market dip is responsible for MATIC’s price decrease despite positive on-chain statistics.
They say this general bear market can keep MATIC at $0.89 for the foreseeable future. This is why Polygon investors are investing in looking elsewhere for profits.
Athens Stock Exchange To Build on SUI
On March 7, it was reported that The Athens Exchange Group (ATHEX) is testing its Electronic Book Building (EBB) technology on the SUI network.
The EBB is one of ATHEX’s most important fundraising tools. It makes selling transferable securities easier for new and established businesses. Adding this feature to ATHEX’s current trade order routing system guarantees liquidity for businesses in need of capital.
ATHEX plans to mint these securities as digital certificates on the SUI blockchain. This will be the first time blockchain technology has been integrated with traditional stock exchange mechanisms.
Since the news broke, SUI has gained 8%, rising from $1.47 to $1.59. Despite the price increase, SUI has lost 24.2% in the past seven days. This means the news produced a larger price surge, but the general market dip caused an even larger price decrease.
Analysts attribute the current slump to the ongoing price correction in the market. They predict that SUI could remain around $1.65 if the current market conditions persist. This explains why SUI and MATIC investors are moving to $MEDA for better gains.
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