2024-04-19 17:38:21 ET
Wormhole (W) and SUI investors are currently counting their losses after enjoying massive gains. However, they can console themselves with the huge potential of Milei Moneda.
$MEDA’s presale promises 100% ROI, making it one of the top crypto to buy in 2024.
Wormhole (W) token plunges over 50% after successful airdrop
Barely a week after Wormhole’s huge debut airdrop, its native token, W, lost its footing and lost over 50% in value.
Since the launch of Wormhole (W) last week for $1.66, it has fallen a huge 52.4% compared to its present price. Most of this loss was shed steadily over the past week.
Announced early in March, (W) airdrop created much excitement, particularly as it permits the bridging of tokens across several blockchains and wallet holders across over 30 networks, including Solana, Ethereum, SUI, and Avalanche, which could collect W tokens for free.
Collectively, over 400,000 unique wallets could have participated in Wormhole’s airdrop, so when W eventually launched, there was immediate demand.
Over 37,000 wallets claimed the W token during the airdrop’s first minutes, ensuring that the token briefly surpassed a market cap of $3 billion. However, (W) early momentum is dealing with a current market cap of $1.13 billion.
SUI fails to rally despite welcoming FDUSD
SUI has had an impressive run since its launch, which has been marked by the expansion of its ecosystem with new milestones. Recently, Hong Kong’s First Digital Trust revealed its plans to integrate FDUSD (its native stablecoin) on the SUI network. This alliance was to ensure smoother transactions and offer users more accessibility to liquidity.
However, this integration has failed to impact SUI positively. Despite this recent integration , SUI has continued to face challenges as it seeks to recover from its recent dip. Beginning with a slip this week, SUI has declined by 6.36%.
Its underperformance extends to almost two weeks after dropping from its ATH of $2.18. SUI is currently down 33% from its peak price, casting doubts over its potential to reclaim the $2 mark and year-high price.
Milei Moneda ($MEDA) among the top crypto coins with potential 100x returns
Recently, meme coins have become a profitable investment opportunity for investors. Milei Moneda ($MEDA) is one of the best cryptos to invest in, as it offers unique value propositions. As such, it has drawn the attention of both crypto experts and beginners.
One of the major factors contributing to the success ($MEDA) is its robust social presence and enthusiastic community support. Aside from its exponential development potential, ($MEDA) offers much more than other meme coins.
($MEDA) doesn’t require holders to pay taxes or team tokens, and this is why it is tagged as the best crypto for beginners. Also, ($MEDA) hodlers get rewarded with exclusive NFTs and obtain access to discounts.
To strengthen its community, ($MEDA) ensures community governance by vesting users with voting rights. ($MEDA) is the best crypto to invest in, as it presents more opportunities for investors.
With over 40 million tokens sold at $0.010 in Stage 1 of its presale, the value of $MEDA keeps increasing, as tokens sold have now reached 59 million. Currently in Stage 2 of its presale, new investors in the $MEDA token should anticipate 60% gains once it launches in major exchanges.
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