After experiencing significant price drops, crypto traders who invested in Stack (STX) and Athena (ENA) are facing losses. However, there is a potential solution for them in the form of Milei Moneda ($MEDA). The success of Milei Moneda’s pre-sale indicates that it could see further price appreciation. But can this new memecoin meet expectations? Read on to find out!
If you’re looking to participate in the Milei Moneda pre-sale, click here.
The partnership with Uphold may not be enough to sustain Stacks’ momentum. The Stacks Foundation recently announced a collaboration with Uphold, a multi-asset cryptocurrency platform. The goal of this partnership is to promote mainstream adoption of Bitcoin by allowing Uphold users to seamlessly trade and transfer STX between their external Stacks wallets and Uphold accounts. Initially, the price of Stacks responded positively to this news with an increase of nearly 3%. However, the momentum didn’t last, and the price of Stacks has significantly decreased in recent days, coinciding with a more than 50% drop in trading volume. Market analysts predict a further decline in the value of Stacks in the coming weeks, with a projected drop to $1.78 by May 28.
Ethena has also been experiencing a decline in value. After reaching a new all-time high of $1.52 in April, the price of Ethena’s native token ENA has fallen more than 24% in the past month and nearly 11% in the last seven days. This downward trend has led to significant selling among ENA investors. According to data from blockchain analysis company Lookonchain, a large wallet holder recently liquidated their position in ENA, resulting in a considerable loss of $2.71 million. With investor interest waning, cryptocurrency analysts predict a further decline in the value of Ethena, with a projected drop to $0.65 by May 29.
Amidst the decline in prices of top altcoins like Stacks and Ethena, investors are now turning their attention to Milei Moneda as a potential opportunity to recover their losses. The pre-sale of this emerging memecoin has been incredibly successful, with the first two stages completely selling out in record time. Milei Moneda made a strong entrance into the market with its listing on Uniswap at a price of $0.020. Notably, $MEDA experienced a 100% increase in price during its pre-sale, starting from $0.010. Experts have even more optimistic predictions for the price trajectory of $MEDA for those who missed the pre-sale, forecasting earnings of over 100x by the end of Q2 2024.
Investors can also look forward to attractive benefits, including access to the project’s coolest NFTs, monthly freebies, generous discounts, and membership in a vibrant community ready to conquer the market.
If you’re curious about $MEDA, visit us or chat with us on Telegram to get privileged information. It’s fast, fun, and informative!
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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