TLDR
- Milei Moneda ($MEDA) retains bullish momentum with a heavy influx of capital in its presale.
- Ethereum (ETH) is set to extend weekly price retracement by 8%.
- Polygon’s (MATIC) key indicators suggest the potential for a further price decline.
March proved to be a breakthrough month for numerous altcoins, as many experienced remarkable price surges, surpassing previous highs and exploring new price territories. However, this month brought bearish pressure, leading to substantial price retracements for many, including Ethereum (ETH) and Polygon (MATIC). Amidst this downturn, Milei Moneda ($MEDA) emerged, armed with its lucrative presale as a beacon of stability for savvy investors eager to seize opportunities. Read on to discover how you can also position yourself for significant returns.
Economize Like Milei: Invest in $MEDA!
Ethereum’s ETH Retraces March’s Gains
As the second-largest cryptocurrency after Bitcoin (BTC), Ethereum (ETH) mirrored BTC’s price gains this year, experiencing an impressive surge that surpassed its 2022 high. This milestone marks Ethereum’s (ETH) highest point in two years, further solidifying the ongoing bull run.
However, even top crypto coins undergo price retracements. Ethereum (ETH) is currently undergoing a necessary price retest, targeting a support zone situated 8% below its current price point.
Crypto analysts remain optimistic about Ethereum (ETH), citing the increasing adoption of ERC20 coins, a rising daily number of transactions, and its significant earnings of $1.71 billion in fees in this first quarter alone, marking a 155% increase compared to the first quarter of 2023.
Surges, Glitches, and Market Doubts on Polygon
Since reaching its ATH in 2021, Polygon (MATIC) has endured a prolonged, uninterrupted downtrend. However, Polygon (MATIC) saw a notable 24% pump last month, surpassing the previous year’s peak.
This month, Polygon (MATIC) has already retraced those gains, experiencing a 13% price decrease. Alongside April’s bearish momentum, the Polygon (MATIC) network also faced a significant decrease in trading volume due to a recent glitch that resulted in a 12-hour outage in its network.
Market experts express skepticism about Polygon’s (MATIC) ability to achieve significant price correction this month, as key indicators suggest a potential further decline. Projections indicate a support zone approximately 20% below its current price level.
Best ICO of 2024: Milei Moneda’s Presale
The ability of Milei Moneda ($MEDA) to maintain momentum and generate excitement during periods of market downturns speaks volumes about its potential and the confidence it has inspired within the crypto community. The significant rise in its presale momentum suggests that major investors are injecting capital in anticipation of further growth.
By allocating 15% of its total supply to liquidity, 5% to burn strategies, and making 60% available to the public, Milei Moneda ($MEDA) is positioned to deliver consistent and enduring returns for its investors. The commitment of Milei Moneda ($MEDA) to high ROIs is reinforced by its upcoming official Uniswap launch scheduled for May this year, promising investors a 100% increase in their portfolios.
Moreover, the presale of Milei Moneda ($MEDA) is currently in Stage 1, offering $MEDA tokens at an altcoin price of $0.010. With plans of its price rising to $0.0125 in Stage 2, $0.015 in Stage 3, and $0.020 at launch, Milei Moneda ($MEDA) provides investors with ample opportunity to enter the market and maximize their gains.
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