TLDR
- Thielen forecasts price correction amidst rising Treasury yields and inflation concerns, impacting risk assets, including altcoins.
- Thielen’s remarks boost Milei Moneda’s ($MEDA) popularity as it gains traction, with a deflationary model enhancing its value and potential surge.
Amidst the current market volatility spurred by rising Treasury yields, Markus Thielen, founder of 10x Research, renowned for his precise forecasts in the crypto realm, has adopted a cautious stance. Surprisingly, his insights have sparked discussions and interest in the new DeFi token Milei Moneda ($MEDA). Let’s find out why!
Economize Like Milei: Invest in $MEDA!
Beyond Bitcoin: Thielen’s Views on Altcoins Amidst Market Uncertainty
On April 16, Markus Thielen, a renowned analyst who had accurately predicted Bitcoin’s bottom in November 2022 and its subsequent surge to record highs before the halving, made the crypto headlines following his bearish remarks on risk assets, encompassing technology stocks and cryptocurrencies.
In a note to clients, Thielen raised concerns regarding a potentially significant price correction in risk assets, citing unexpected and persistent inflation as the catalyst. He emphasized the critical tipping point reached with 10-year Treasury Yields surpassing 4.50%, prompting him to de-risk his portfolio by divesting from all tech stocks.
Thielen also highlighted diminishing inflows into Bitcoin spot ETFs, signaling a shift in investor sentiment. However, despite his pessimistic outlook on risk assets, Thielen mentioned retaining a few high-conviction top crypto coins, although he refrained from specifying which ones. However, speculation is that these tokens include promising and top-performing altcoins like Milei Moneda ($MEDA).
Markus Thielen’s bearish comments on risk assets have sparked discussions about the impact of rising interest rates and inflation. While this has led him to de-risk his portfolio, Thielen’s decision to hold onto some crypto tokens suggests a cautious but not entirely negative view of the asset class.
Breaking Crypto News: Thielen’s Remarks Boost $MEDA Position on the List of Altcoins To Watch
As Markus Thielen’s recent remarks continue to spark interest in the community, Milei Moneda ($MEDA) appears to be gaining traction from this. This meme coin has rapidly gained favor among investors and traders as a top crypto to invest in. Currently, in Stage 2 of its public presale, Milei Moneda has already sold over 61 million $MEDA tokens, signalling a strong vote of confidence in its bullish potential.
One key factor fueling $MEDA’s optimistic outlook is its deflationary nature. With a total supply of 500 million tokens, Milei Moneda’s deflationary mechanism gradually reduced the overall supply, boosting the altcoin’s value. This scarcity-enhancing feature has caught the attention of top crypto analysts who are closely monitoring the meme coin’s trajectory.
As Milei Moneda progresses through its presale stages, the community is buzzing with excitement over its launch on Uniswap on 21st May. At launch, the DeFi coin price will reach $0.020, representing a significant 60% increase. Yet, the excitement doesn’t stop there. Post-launch, price projections hint at a potential 50x price surge fueled by the coin’s deflationary mechanism and increasing recognition within the crypto space.
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