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Summary
TLDR
- Bitcoin (BTC) faces an 8% decline due to ETF disfavor and intense correction.
- Bitcoin Cash (BCH) faces a 23% price decline, with its halving event signaling a further decline.
- Milei Moneda ($MEDA) makes waves with the bullish potential of its ongoing presale.
In recent weeks, Bitcoin (BTC) and Bitcoin Cash (BCH) have been facing downward trends. Meanwhile, investors are turning their attention to Milei Moneda ($MEDA), a new meme coin project inspired by Javier Milei. Let’s look into the details of these trends to find out why this meme coin project is gaining so much traction!
Economize Like Milei: Invest in $MEDA!
Bitcoin (BTC) vs. Bitcoin Cash (BCH)
Bitcoin’s (BTC) price correction recently intensified as U.S.-listed spot exchange-traded funds (ETFs) lost favor among investors. In the third week of March, the best cryptocurrency by market value plummeted over 8%, marking the most significant single-day percentage decline since November 9, 2022.
Following BTC’s price struggles, Bitcoin Cash (BCH) has recorded over a 23% decline in its price in the past week. Once a crypto heavyweight, Bitcoin Cash (BCH) boasted a market cap of $31.4 billion, ranking as the third-largest cryptocurrency after Bitcoin (BTC) and Ethereum (ETH). However, it’s since fallen out of the top ten cryptocurrency list, and with its halving approaching, experts say it could sink even lower.
As for the Bitcoin (BTC) price prediction, price projections signal a bearish sentiment. With the loss of favor among investors in U.S.-listed ETFs and the intense price correction, market analysts are uncertain about Bitcoin’s (BTC) short-term price outlook. And what BTC does, BCH usually follows. However, investors and crypto enthusiasts are closely watching the tokens as the Bitcoin halving event draws near.
Crypto News: Playful Meme Coin Milei Moneda ($MEDA) Steals Spotlight in DeFi
While the market awaits the next step for Bitcoin Cash (BCH) and Bitcoin (BTC), investors are flocking to Milei Moneda ($MEDA), a cryptocurrency born out of the playful parody inspired by Javier Milei. Blending humor, politics, and blockchain technology with a dash of Anarcho-capitalism, Milei Moneda ($MEDA) has swiftly emerged as one of the top DeFi projects in 2024.
Solidifying $MEDA’s status as a standout crypto investment opportunity is its enthusiastic community, which is actively engaged in governance and voting. With its presale ongoing, investors are seizing the chance to snatch up $MEDA tokens at an attractive price of just $0.010 in Stage 1 of its presale.
As the highly-anticipated launch on Uniswap scheduled for May 21 looms closer, investors are poised to reap significant rewards. With the DeFi coin price expected to launch at $0.020, Milei Moneda’s ($MEDA) presale investors are up for a 100% return on investment. This bullish outlook has investors flocking in and closing, watching the $MEDA presale journey closely.
Conclusion
With Bitcoin (BTC) and Bitcoin Cash (BCH) on a downward spiral, investors are looking for new opportunities, and Milei Moneda ($MEDA) seems to be the go-to option. As the meme coin project continues to ride the wave of its presale excitement, the crypto community is closely watching $MEDA take its place amongst the top crypto coins in the market.
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