Expert backs Milei Moneda ($MEDA) as a once-in-a-lifetime investment opportunity.
Uniswap's (UNI) price faces further decline due to a legal battle with the U.S SEC.
Jupiter's (JUP) price could decline by 30% in the coming days.
Despite the prevailing market headwinds faced by Uniswap (UNI) and Jupiter (JUP), an analyst remains bullish on the upcoming launch of Milei Moneda ($MEDA) tokens, foreseeing a remarkable 50x upswing. This optimistic outlook has garnered significant attention from investors, drawing a growing number of individuals eager to capitalize on the potential ROI. But how is the new meme coin outperforming these top altcoins? Find the details below!
Amidst the prevailing market challenges affecting altcoins like Uniswap and Jupiter, there is a notable and optimistic forecast from an analyst who foresees a significant 50x upswing after the upcoming launch of Milei Moneda ($MEDA) on Uniswap. Renowned for its unique blend of humor, politics, and blockchain technology, Milei Moneda is quickly gaining traction from investors who are eager to secure their position in this potentially lucrative venture.
Adding to the allure, Milei Moneda is currently in Stage 2 of its presale, offering tokens at an attractive altcoin price of $0.0125. As the presale progresses to Stage 3, the token price is expected to rise. Once the presale is complete, the official launch of $MEDA will take place with a DeFi coin price of $0.020, ensuring early investors a remarkable 60% return.
Moreover, Milei Moneda sets itself apart with its innovative harnessing of memes, not merely for entertainment purposes but as a powerful tool for driving global political change through digital currency trading. The project's native token, $MEDA, plays a pivotal role in this endeavor, offering investors exclusive benefits, such as substantial discounts, monthly giveaways, and active participation in voting processes.
Uniswap's (UNI) year-to-date gains had been modest at 25%, but its price has dropped over 30% in the past 30 days. This followed notification from the U.S. Securities and Exchange Commission (SEC) that the regulator plans legal action against Uniswap, coinciding with the broader market correction.
In response to the crypto news, Uniswap has raised its swap fee for interface trades from 0.15% to 0.25%, according to an update on its website. The company says the increased charge will help "sustainably fund" its operations. Meanwhile, industry observers believe this strategic move aims to build financial reserves for a potential legal battle with the SEC.
With the looming legal clash with the SEC, many crypto analysts are projecting further price decreases for Uniswap. Their forecasts suggest the value of UNI could drop by an additional 40% in the coming days based on regulatory uncertainty.
After experiencing a significant decline in value since its launch in January, Jupiter (JUP) has shown an impressive recovery. Over the past 60 days, the price of JUP has surged by more than 90%, accompanied by a substantial increase in its crypto market cap.
However, the positive momentum of Jupiter was short-lived, as it has since experienced a drop of over 40% from its new all-time high. This decline was primarily caused by the Relative Strength Index (RSI) indicating an overbought condition, necessitating a price correction.
Given the current bearish sentiment surrounding Jupiter (JUP), numerous crypto analysts are anticipating a further decrease in its value. They predict the price of Jupiter could drop by 40% in the coming days.
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