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Dogwifhat slips amid stable Shiba Inu prices; is Milei Moneda emerging as the next 100x meme coin?

Friday, April 19, 2024 06:09 AM | Invezz via QuoteMedia

Dogwifhat slips amid stable Shiba Inu prices; is Milei Moneda emerging as the next 100x meme coin?

2024-04-19 06:09:21 ET

The past week has brought a downturn for Dogwifhat (WIF) and consolidation for Shiba Inu (SHIB). As investors rotate out of recent winners, attention is turning to up-and-coming meme coin Milei Moneda ($MEDA) .

With its highly anticipated launch on Uniswap fast approaching, Milei Moneda is quickly becoming the next 100x meme coin. But which of these top crypto coins is considered the best bet? Read on to find out!

Dogwifhat vs.Shiba Inu

Dogwifhat has emerged as one of the standout Solana meme coins in 2024, capturing considerable market attention since its listing on Binance earlier this year.

However, recent market trends have seen the memecoin experience a decline of more than 30% in the past week.

Analysts in the cryptocurrency space attribute this downturn primarily to a necessary price correction for WIF.

On the other hand, Shiba Inu has managed to rebound and stabilize over the past few days after dropping by over 30% in the past month.

This recent surge in price has been attributed to significant whale activity, as major holders of SHIB have sparked excitement on the blockchain by accumulating a staggering 2.85 trillion tokens over the course of a week.

While Dogwifhat continues its downward trajectory and Shiba Inu regains momentum, industry observers believe that Milei Moneda offers greater upside potential for investors.

This new meme coin project has generated significant interest, as evidenced by its Stage 1 presale, which was completely sold out within a month.

Milei Moneda: The dark horse of meme coins

The crypto market has been buzzing with excitement due to the recent meme coin frenzy, and investors are eagerly searching for the next big winner.

Among the contenders, Milei Moneda has garnered attention as the next 100x meme coin. With over 59 million tokens already sold, $MEDA is gaining traction and establishing itself as one of the best altcoins available.

One of the key factors driving the optimism surrounding Milei Moneda is its deflationary nature. Unlike many other altcoins, MEDA’s deflationary model aims to protect investors from the adverse effects of large-scale sell-offs by influential holders or insiders.

This feature has resonated with investors, bolstering the appeal of Milei Moneda as a promising investment opportunity.

As the presale progresses and the launch on Uniswap approaches (scheduled for May 21), the excitement continues to build.

There is a guaranteed pump of 60%, with $MEDA rising from its current altcoin price of $0.0125 to $0.020. Such a jump in value will yield significant returns for early adopters.

Conclusion

While WIF experiences a decline and SHIB stabilizes, $MEDA emerges as a potential 100x meme coin.

With its deflationary nature and increasing popularity, Milei Moneda presents an enticing investment opportunity for those seeking substantial returns in the cryptocurrency space.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

The post Dogwifhat slips amid stable Shiba Inu prices; is Milei Moneda emerging as the next 100x meme coin? appeared first on Invezz

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