TLDR
- Cardano Whales have been responsible for its price decline.
- TRX dropped in price after Binance’s announcement.
- $MEDA is the best cryptocurrency to invest in now, thanks to its utility and profit potential.
Cardano and Tron both started 2024 on a positive note, becoming one of the best cryptos to invest in. ADA saw a monthly peak of $0.80 in March, and TRX increased by 30.5% to reach $0.1406 by the end of February. However, both coins have dipped in value recently. This is why analysts are looking up to the Milei Moneda presale, as they anticipate a 100x ROI.
Economize Like Milei: Invest in $MEDA!
Cardano Struggling Below Psychological Price of $0.70: Here’s Why
On March 14, Cardano (ADA) saw a monthly peak of $0.80, making it one of the top crypto coins. However, it soon experienced a sharp correction and has since then struggled to recover this level.
Cardano Whales have been responsible for this price decline. Since March 14, the whale transaction count (at least $100,000) on Cardano (ADA) has reduced. This is when Cardano attained a high value of $0.80, suggesting that ADA whales were taking their profits and slowly exiting their positions.
This profit taking wave isn’t peculiar to just the Cardano ecosystem, as Bitcoin wasn’t spared as well. Specifically, March 20 marked a busy day for long-term ADA hodlers as 200 million ADA tokens were moved that day.
Just like the wider crypto market, Cardano (ADA) seems to be recovering from the profit-taking wave, though at a slow pace. This explains why investors are considering other new coins with huge 100x potential, like Milei Moneda ($MEDA).
TRON (TRX) Showing Weak Price Action: Investors Seeking Other Profitable Investments
Tron started 2024 on a high note, with the TRX token going for $0.1077 each. This token showed strong performance in the first two months of 2024, increasing by 30.5% to attain a value of $0.1406 by February end.
Moreover, In March, TRX was hit with a setback, witnessing a drop in momentum and a price decline to $0.1206. Recent developments have led to the TRON (TRX) price decline, notably Binance’s decision to stop support for Tron USDC by April 5.
This is coming after Circle’s decision in February to end support for Tron USDC as part of an organizational strategy. So, should TRX still be considered a top crypto to buy?
Despite the recent bearish trends, market experts anticipate a Tron (TRX) rebound, predicting a surge that will take the Tron (TRX) price to $0.18 by the end of 2024.
However, TRX is expected to stay below $0.15 throughout 2024 due to an expected prolonged bearish market, so investors are looking up to Milei Moneda’s presale, hoping to earn a huge 100x ROI.
Milei Moneda ($MEDA) Having a Successful Presale: Has Huge 100x ROI Potential
Inspired by Javier Milei, Argentina’s president, Milei Moneda is a true meme coin that has carved out a distinct niche that combines politics, humor, and blockchain. As the meme coin market becomes more crowded every day, Milei Moneda stands out from the crowd.
Milei Moneda doesn’t just create opportunities for investors to get massive returns but also offers other benefits. For instance, $MEDA, the native token, provides its hodlers access to discounts and NFT staking rewards.
Additionally, $MEDA holders are vested with voting rights, meaning they can participate in governance activities and impact major decisions made on the platform.
Milei Moneda‘s vibrant community and strong commitment to security positions it as the best crypto to invest in. Its deflationary mechanism and liquidity pool generation set it apart in the meme coin space.
The presale of $MEDA is in Stage 1, and it goes for a price of $0.010. This price of $MEDA will surge through Stage 2 and Stage 3. $MEDA will launch in major exchanges like Uniswap at a price of $0.020. This indicates a 100% increase from the initial token value. This and more makes $MEDA the best crypto for beginners to invest in.
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