Milei Moneda presale investors stand to gain the most as profit from BNB and SOL rotate to low-cap gems

Milei Moneda presale investors stand to gain the most as profit from BNB and SOL rotate to low-cap gems
фото показано с : invezz.com

2024-3-16 18:00

With BNB and Solana (SOL) showing signs of overextended rallies and the likelihood of near-term corrections, savvy investors are taking profits from these top crypto coins and reinvesting in low-cap gems like Milei Moneda ($MEDA). By getting in early on $MEDA during its presale, investors stand to gain substantial returns on their investments.

But how are Milei Moneda ($MEDA)  presale investors positioned to profit more? Find out below! 

Milei Moneda presale investors set for massive profits

As the profitability of BNB and Solana starts to shift towards low-cap gems in the crypto market, it is becoming evident that presale investors of Milei Moneda ($MEDA) are poised to reap the highest rewards. This emerging meme coin has captured the spotlight among new ICOs, not only due to its potential for significant returns but also because of its trailblazing features.

Milei Moneda ($MEDA)  is on a mission to revolutionize the world of decentralized finance (DeFi) with its unique blend of humor, politics, and blockchain technology. By fostering a more inclusive financial ecosystem, Milei Moneda ($MEDA)  has become one of the best altcoins in the market.

Moreover, the presale phase of Milei Moneda ($MEDA)  has proven to be exceptionally successful, with projections indicating a staggering 100% growth in price from its initial offering at $0.010 per token in Stage 1 to an anticipated value of $0.020 upon its highly awaited launch on Uniswap.

Overbought conditions raise concerns for BNB market 

After mainly trading between $345 and $375 for the first couple months of 2024, the price of BNB coin has successfully regained momentum. Over the past 30 days, Binance’s native token has witnessed a remarkable surge of over 58.35%, outperforming Bitcoin’s 15% growth during the same period.

In the past week alone, BNB saw an impressive pump of 26.81%, leading to a surge in daily transaction fees on the BNB Chain. According to the Artemis Dashboard, the fees have reached a new year-to-date (YTD) high, reflecting a 134% increase compared to the $512,000 in fees recorded earlier this year.

However, the Relative Strength Index (RSI) continues to trade above the overbought range, indicating an increased buying pressure in the market. Consequently, many crypto experts anticipate a potential decline in the value of BNB, prompting investors to redirect their profits towards low-cap gems such as Milei Moneda for potentially significant returns.

Concerns mount over Solana’s overextended rally

Solana (SOL) has witnessed a remarkable surge in value in recent weeks, displaying a strong rebound alongside the rest of the market. After reaching a price above $120 in December, its momentum quieted for a couple of months, but Solana (SOL) has now resumed its upward trajectory.

This impressive achievement can be attributed to the growing adoption of Solana, attracting a staggering 12.69 million new users. Transaction volumes on Solana decentralized exchanges have also surged, consistently surpassing $2 billion in daily trading since early March. 

With the market technical indicators pointing to a possible near-term price correction, Solana (SOL) investors are taking profits and rotating funds into smaller altcoins like Milei Moneda to help mitigate potential losses. 

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The post Milei Moneda presale investors stand to gain the most as profit from BNB and SOL rotate to low-cap gems appeared first on Invezz

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