TLDR
- Cardano (ADA) struggles with a steep decline despite upgrade efforts.
- PEPE’s hype fades as trading volume and interest decline.
- Upcoming Uniswap launch fuels investor appetite for Milei Moneda ($MEDA).
While Milei Moneda ($MEDA) investors express satisfaction with the project’s latest developments, investors of other altcoins like Cardano (ADA) and PEPE are losing faith. Cardano (ADA) investors are growing tired of prolonged ecosystem promises that have yet to materialize fully, doubting the project’s ability to ever fulfill those promises. Conversely, PEPE investors seem to be losing interest in the coin as it has experienced a notable setback. Curious to know what’s driving the confidence of Milei Moneda ($MEDA) investors? Read on to find out now!
Economize Like Milei: Invest in $MEDA!
Selling Pressure Mounts as Interest in PEPE Wanes
PEPE took leverage of the recent meme coin mania to assert itself as one of the best stock meme coins of 2024. With a staggering price increase of 650% in just two weeks, PEPE brought positive market attention to itself, but there’s only so much a coin can do.
The high that investors of PEPE were riding on seems to be waning off as in the past week, there’s been a decrease of 50% in the altcoin’s trading volume, with its market cap falling from $4.17B to $2.77B in just five days.
Currently at 45% below its recently achieved ATH, PEPE on-chain analysis shows more selling pressure, indicating investors’ loss of interest in the coin.
Cardano’s Price Movement Raises Concerns for Investors
Cardano (ADA) has been on a downward spiral since it hit its peak in 2021. All of its efforts to make a healthy price correction have proved abortive, including its Vasil upgrade, which brought smart contract improvements and transaction-related enhancements to the Cardano (ADA) network.
Equally, the bull run seems not to be doing much for Cardano (ADA) either, as it fervently continues its steep decline. Despite its overall price surge of 70% this year, Cardano (ADA) is back under, seemingly unable to make a decent recovery.
Moreover, many crypto enthusiasts have been questioning its ability to ever make a comeback, with most of them speculating on its end. Cardano’s (ADA) latest price movement seems to answer their questions affirmatively.
Milei Moneda Presale Gains Investor Interest
As the official Uniswap launch of Milei Moneda ($MEDA) is fast approaching, investors’ appetite for its presale grows increasingly. It is worth knowing this is not the only factor fueling their confidence in Milei Moneda ($MEDA), as rigorous smart contract audits and locked liquidity have further boosted its appeal.
With a total supply of 500,000,000 tokens, the distribution model of Milei Moneda ($MEDA) ensures fairness and transparency in its allocation of resources to the public community rewards, liquidity, marketing, burn, and airdrop initiatives.
At its current altcoin price of $0.010 in Stage 1, early-stage investors are expected to witness a 100% ROI when it launches at $0.020. These projections have undeniably positioned Milei Moneda ($MEDA) as one of the best altcoins to HODL for 2024.
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