TLDR
- FLOKI is struggling to repeat its February rally after token burns.
- Investors are wary of SATS after a sharp fall.
- Stability and price surge: investors identify Milei Moneda for profits.
The Bitcoin pump of the past weeks has slowed down, and many altcoins are slowly getting off from the market-wide rally in the past few days. FLOKI and SATS are two of the altcoins going through a price slump after their initial surge. However, a new rebel meme coin, Milei Moneda ($MEDA), is the top pick for investors as the best ICO for profits.
Economize Like Milei: Invest in $MEDA!
FLOKI Stuck in Bearish Waters
FLOKI was in the crypto news recently for having burned $47 million worth of FLOKI. The developers had come out to announce that the tokens were burned on both the ETH and BNB blockchains. Recall that $1.12 million worth of FLOKI tokens had also been burned a week earlier.
All of these burns were behind FLOKI’s relatively impressive performance in February. The coin had a great run in February, recording a 94.6% pump and beating its January peak by a whopping 54.4%.
The real show started for FLOKI in March when many of the top altcoins joined in on the Bitcoin pump. FLOKI spiked by 169% within the first four days of the month, peaking at 82% of its ATH.
However, the recent setback in the crypto market has also affected FLOKI’s uptrend. FLOKI’s momentum has slowed down in the past few days, and the coin is now trading 35% below its monthly peak. Although optimistic bulls are still buying the dip as they still consider FLOKI a good crypto to buy, investors are treading carefully not to get stuck in bearish waters.
Investors Wary of SATS Recent Run
Back in late 2023, after getting listed on Bitget, SATS quickly became one of the altcoins of choice for many investors upon launch. The coin quickly spiked by about 140% after it was launched on Binance later in December as it generated interest in the crypto-verse.
By Christmas, SATS investors were already having the best holiday as the meme coin hit its ATH, but the excitement didn’t last long. Exactly a month later, in January, SATS hit its all-time low, trading at -61% of its ATH.
Although 2024 started slowly for SATS, the meme coin also benefited from the recent Bitcoin-led bull run, where a lot of altcoins gained significantly. At some point during its impressive run, SATS price towered 87.6% closer to its ATH.
Sadly, SATS has suffered a decline. In the past week alone, the coin has lost 31% in price value, and its YTD currently stands at a negative 40.6. This explains why investors do not consider SATS to be one of the best cryptos to buy now.
Milei Moneda’s Stability Plans Attract Investors
New cryptocurrency ICO with 100% profits at stake and a protocol that features plans for long-term prospects? Investors are drooling all over Milei Moneda as the best crypto investment in the market now, and the reasons aren’t far-fetched.
Milei Moneda is backed by a democratic DAO of creative, bright minds who are encouraged to come up with ideas for the advancement of the project, and they earn rewards for their contributions! Decision-making in the community is also democratic, as members can participate in events and vote on issues. Milei Moneda is inclusive like that.
Further, 15% of the total 500,000,000 $MEDA supply is locked in liquidity for the token’s stability and security. Investors can rest assured of consistent price movements without getting rugged.
$MEDA is still in Stage 1 of its presale, where investors are buying at $0.010 per $MEDA token. The price will continue to rise as the $MEDA presale continues before it eventually launches at $0.020 per token in May, marking 100% returns.
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