The crypto market got a small boost from the coin of the moment, Bitcoin. As always, the pump pulled some of the top altcoins including Cardano (ADA) and Litecoin (LTC) into better positions.
Well, Cardano investors are still dealing with the aftermath of Grayscale’s dump and ADA can really use some price surge right now. But it might not be getting it, though, as Milei Moneda ($MEDA) is whisking the investors away with its presale profits. Meet $MEDA.
Milei Moneda: meme coin coup for all your lost profits
When we say meme coin, loads of traders hear ‘short-term profits.’ And most of the time, they aren’t wrong. Except for FLOKI and the occasional meme coin rally, most of the meme tokens are only great as crypto for beginners. There’s usually nothing for the long run.
But Milei Moneda is offering longevity features. $MEDA is the best of both worlds–DeFi and memes–and its community will be central to the progress of both aspects of the ecosystem. Memes will focus on DeFi jokes, helping Milei Moneda spread the good news on DeFi policies and how they can offer economic freedom to everyone.
But a meme campaign on social media could be all talk. That’s why Milei Moneda is intent on building its network into one of the best DeFi projects in the crypto-verse. With suggestions coming in from its members, $MEDA is hoping to stay ahead in the race for the top crypto features.
And that’s not all. Milei Moneda already has smart contracts in the audit stages; they will be the drivers for operations on the DeFi features and applications on $MEDA when it launches.
So you see, it’s a truckload of benefits in the long run, and when you throw in the deflationary policy, Milei Moneda might as well be a DeFi coin.
For those willing to invest in this new coin, Milei Moneda is currently conducting the presale of its native token $MEDA. Currently in stage 2 of the presale, the tokens are selling at $0.0125.
Is Litecoin price set to boom?
We have seen the pioneer proof of work protocols move up through the ranks in the past three months, and even LTC benefited from the coin rallies. Recently, BCH took its turn for a spike rather well, joining the best altcoins after its halving event.
Now, attention is turning to Litecoin, as many traders might be expecting the LTC price to make the most of Bitcoin’s halving later this month. While Litecoin is quite likely to pull substantial profits from the incoming bull run, you might not want to bank on LTC as one of the best coins to invest in just yet.
LTC has lost most of its gains from the past altcoin rallies this year. Currently, LTC is trading at 3.9% weekly profits. Litecoin charts have yet to realize this, but the LTC token might soon hit a dip, even after Bitcoin’s pump on Monday offered some respite to the LTC price.
Cardano: Hoskinson highlights incoming upgrades for ADA network
Unlike Litecoin, Cardano has not been particularly responsive to the rallies all year. The ADA token might have gotten into the green at some point, but for most of 2024, Cardano hasn’t justified its spot on the top DeFi crypto list.
The latest from Cardano’s blockchain is news of its founder Charles Hoskinson stating there will be two major upgrades to hit ADA’s ecosystem. Apparently, some analysts have taken a shot at the bearish state of Cardano’s DeFi coin price, and ADA investors, including Hoskinson, are reacting to it.
Hoskinson has hinted at a Chang hard fork that will see the ADA network operate as more of a community than before. According to him, the cards are in the hands of the ecosystem, and Cardano has the ‘best path for scalability, governance, and innovation.’ The announcement might have brought attention to the Cardano network, too, as ADA’s weekly losses have reduced to 1.07% already.
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