Bitcoin’s pump in February has been a real push for most top altcoins, as many of them have crossed all-time highs in the past three weeks. Stellar (XLM) and EOS are two of the top DeFi coins in the market, but they are still some ways off the profit mark. While the coins try to pull back in the next few weeks, a new meme coin, Milei Moneda, hits the blocks, stealing Stellar and EOS investors while it’s at it.
Economize Like Milei: Invest in $MEDA!
Stellar has been anything but stellar since January, as Stellar’s XLM seems to be dealing with bearish trends in the market. We can expect XLM back in the greens by the time the Bitcoin halving is complete, but how long can the investors wait?
InvestorObserver has consistently given Stellar neutral and low-risk ratings, underlying the token’s unremarkable run in the crypto-verse. As the top altcoin struggles to meet expectations and predictions, its investors are on the lookout for the next best crypto to buy on the block. And we dare say there’s an array of tokens to pick from.
XLM is locked between its support and resistance levels, as the bears and bulls are equally matched in a struggle for XLM’s future. However, if you compare XLM’s monthly and weekly charts, you’ll see that the bears seem to be prevailing at the moment, as XLM has gained 6.27% on a monthly basis but lost 18.23% on a weekly basis. The incoming bull run will play a huge role in how much gains XLM can offer in 2024.
Major upgrades have been accompanied by a long bearish streak in the crypto-verse lately; ask Ethereum for more. And we got news that EOS has scheduled a huge transition for July. Smart move? Maybe.
The latest Ethereum Dencun upgrade set ETH’s rising trend behind by some 0.5% in less than a day, and EOS can’t risk such setbacks, especially as it is still reeling from a sell-off earlier in February. The Leap 6.0 upgrade will see EOS launch its Savannah consensus algorithm, which will bring faster transaction completion and quicker blockchain activity.
EOS’s performance as one of the top DeFi projects reflects on its YTD performance, having recorded a 20% rise from the start of the year. You might see EOS on expert lists of altcoins to watch this year, but wait till Milei Moneda’s $MEDA token goes live.
Or not.
Milei Moneda is the latest cryptocurrency ICO to hit the markets in 2024, and you just know that it’s coming with loads of profit. But that’s not the point.
Milei Moneda is concerned with promoting cryptocurrency trading globally. $MEDA follows in the steps of Javier Milei, who set the stage for campaigning for digital currencies in Argentina. With its social media influence and memes, you can expect Milei Moneda to start driving support for DeFi worldwide once it launches.
Milei Moneda’s community will be a reference point for any DeFi project. Users will hold their $MEDA tokens for voting and approval of proposals while getting access to rewards for their activity. From discounts to giveaways, Milei Moneda will get the best DeFi rewards in the $MEDA ecosystem.
More exclusive content comes to the average Milei Moneda holder, as you get trending NFTs and a chance to stake them for more rewards. Meme coins are the best cryptos for beginners, and $MEDA’s presale Stage 1 is ongoing at $0.010 per token. Even newbie investors can get a 100% ROI when the project launches at $0.020.
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