TLDR
Binance Coin bulls seem hopeful about pulling off another recovery before the Bitcoin halving. Ripple investors could be facing a massive sell-off as the SEC slams a $1.95 billion fine on the XRP blockchain.Milei Moneda ($MEDA) is looking to match Floki Inu’s real-life usage with DeFi policies of its own.
Binance Coin (BNB) is probably the biggest gainer among the top altcoins in the crypto-verse this year. The investors have seen the BNB price reach its ATH value after almost two years of waiting. Still, the new meme coin Milei Moneda ($MEDA) is holding significantly more appeal at the moment. Even top DeFi coins like BNB and Ripple (XRP) can’t seem to hold on to their investors as $MEDA’s presale sweeps through the market.
Economize Like Milei: Invest in $MEDA!
Can Binance Coin Rises From the Ashes Again?
2024 has been kind to Binance Coin, as consecutive price pumps have seen the BNB altcoin price take off in January. By March, Binance Coin price looked to match its two-year ATH as the bulls worked nonstop to take the DeFi giant to new heights.
Well, somewhere over the past two weeks, Bitcoin experienced a huge pullback that impacted even the best DeFi coins. Binance Coin was caught up in it, and the result was a short trip down as investors started to sell their BNB tokens.
All’s well, and that ends well, they say, and Binance Coin bulls have been at it again. Their quiet resilience has helped BNB past its biweekly tough patch, and now, BNB is back up by over 15%. The investors might still be willing to cash in on their profits in favour of hotter coins like Milei Moneda, which is among the altcoins to watch in this period, as BNB struggles with a 1.9% weekly downtrend.
Ripple vs. The SEC, Again
It’s Ripple against the SEC again, although we might not see a repeat of last year’s historic win in New York. The SEC has slammed a $1.95 billion fine on XRP, and that would require some serious XRP offloading should Ripple be against appealing the decision.
In the event that Ripple indeed pays the SEC, it will mean a loss of about 3.12 billion XRP tokens from its escrow stores. Coinpedia estimates that about 7% of the total Ripple tokens are held in escrow accounts, and this could have serious implications on Ripple’s altcoin price in the short term.
With the SEC news, Ripple investors would be considering whether or not XRP is still the best crypto investment for the moment. The massive sell-off that could follow a Ripple dip is enormous. XRP is currently priced 4.6% below its price from last week. However, when we look at XRP’s price from a year ago, XRP is up by 11.92%, presenting a rare profit opportunity to its holders. Let’s see if the Bitcoin halving can cushion things for XRP; many say that it can.
Milei Moneda: Pushing the Boundaries With DeFi Adoption
With many of the top crypto coins experiencing a downtime just before Bitcoin’s halving, Milei Moneda is looking like one of the best coins to invest in for now. Call it the calm before the storm, but even the best DeFi projects are not looking optimistic here. And they are welcoming a new challenge in Milei Moneda.
$MEDA project is much like Floki Inu in its approach to the crypto market. The meme coin wants to play host to the best DeFi projects in the near future, and its plans are setting Milei Moneda up nicely for that DeFi debut.
Milei Moneda’s community is going to be a key factor in the token’s DeFi ambitions. Like every token community, the members of $MEDA must be active token holders, prepared to bring innovation and development to the platform. They will be in charge of creating and sending out the memes, all the while suggesting and approving only the best suggestions for DeFi features on Milei Moneda.
And it won’t be all for nothing. The best governance proposals will be rewarded with incentives, while top token holders will get invites to exclusive events courtesy of Milei Moneda. There is also a horde of trending NFTs ready for as many will HODL their $MEDA tokens after the launch.
And there’s only one way into Milei Moneda’s ecosystem. The project is in Stage 1 of its presale, and you can get your $MEDA tokens today for $0.010. By doing so, you stand to gain 100% in profits by mid-year when $MEDA launches at $0.020 on Uniswap in May.
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