TLDR
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- Milei Moneda ($MEDA) is projected to grow by 10x post-launch.
- Ethereum (ETH) is projected for a 13% price pump this week.
- Experts backed Litecoin (LTC) for an 81% rally by the year’s end.
Promising an impressive 10x return on presale investments, Milei Moneda ($MEDA) has quickly become a hot topic within the cryptocurrency community. It has been attracting significant investments from hodlers of Ethereum (ETH) and Litecoin (LTC). Read on to discover why this is the best crypto investment of the year!
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Ethereum Nears 10,000x Milestone
ETH has recently made waves in the crypto market, with observers noting its astounding price increase of 9,354.71x since its inception in 2014, bringing it tantalizingly close to the 10,000x milestone.
Despite these gains and its longevity in the crypto market, ETH has not yet peaked, painting a positive long-term outlook.
Being the second-largest cryptocurrency, ETH has retained its position among the top crypto coins, ranking number 1 among Proof-of-Stake coins and number 2 in the Layer-1 sector. Crypto analysts have also identified a falling wedge pattern in its price charts, anticipating a potential break out of 13% this week.
The bullish sentiment is further bolstered by the anticipated approval of a new Ethereum Improvement Proposal (EIP), dubbed EIP-7706. Submitted by Ethereum co-founder Vitalik Buterin, this proposal aims to manage transaction costs within the Ethereum network.
Litecoin Struggles But Not For Long
Litecoin has had a challenging year, extending its bearish trend since reaching its ATH in 2021. Meanwhile, LTC’s price dropped by 9% over the past year, with a yearly inflation rate of 2.22%. Currently trading below the 200-day SMA, with only 14 green days in the last 30 days, LTC’s short-term price trajectory remains bearish.
Despite being outpaced by 84% of the top 100 crypto assets over the past year, crypto analysts hold a bullish outlook for LTC’s long-term potential. They predict a possible rise toward its 2021 peak by the end of the year, indicating an 81% rally from its current price point.
This optimism is fueled by an analysis of Litecoin’s Reserve Risk, a metric known as the “HODL bank.” This analysis reveals that LTC’s Reserve Risk is rising while the coin maintains a low value, indicating strong investor confidence in its long-term value. This conviction is further exemplified by the recent 23% surge in LTC’s active addresses.
Milei Moneda Causes a Paradigm Shift in the Market
Despite the bullish outlook on ETH and LTC, hodlers of these altcoins, known for their thoughtful investment strategies, have been making significant investments in the Milei Moneda presale.
This shift in sentiment highlights Milei Moneda’s credibility and promise as their investments provide substantial liquidity to further strengthen its ecosystem.
As Milei Moneda prepares for its Uniswap launch, scheduled for May 21, 2024, investor excitement and confidence continue to build. The launch is expected to mark a significant milestone to catalyze further price growth.
Projections indicate a rise to $0.020 upon launch will give early investors a 100% ROI before mid-year.
Starting at just $0.010 per token in Stage 1, the price of $MEDA tokens has already surged to $0.015 in Stage 3. This rapid appreciation underscores the strong demand and confidence in Milei Moneda’s potential.
New investors can grab over a 33% profit by joining the $MEDA presale now. Moreover, speculation abounds regarding the memecoin potential to trade at $0.10 post-launch, further highlighting its promising future.
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Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.