Cryptocurrency

Bitcoin Cash and TON Present Great Outlooks While $MEDA Aims for the Top Meme Coin Spot

IndustryTrends

TLDR

  • Bitcoin Cash (BCH) has been on the rise since its halving event.

  • Toncoin (TON) sees new ATH amid heavy fluctuations in the market.

  • According to experts, Milei Moneda ($MEDA) is the best cryptocurrency to invest in.

Bitcoin Cash (BCH) has been impressive since the beginning of 2024 and performed even better after its halving event. Also, Toncoin (TON) saw a new ATH after surging 117.39% over the past 30 days. Moreover, Milei Moneda ($MEDA) steals the show as it aims to claim the top spot among meme coins.

Bitcoin Cash (BCH) Sees Consistent Ruse After Halving

Since the start of 2024, Bitcoin Cash (BCH) has been in a consistent upward trend. It has witnessed a 7.6% rise over the past week and a remarkable 57.07% upswing over the last 30 days, making it a top crypto to buy. This great outlook presented by Bitcoin Cash (BCH) can be attributed to different factors, most importantly, its recent halving.

The first-ever halving event for Bitcoin Cash (BCH) reduced miner rewards by half (12.5 BCH to 6.25 BCH). This recent halving took place at a block height of 840,000 and also reduced miner rewards by half (from 6.25 BCH to 3.125 BCH or coins per block).

Since the event, the network has successfully confirmed 840,017 blocks, indicating the validation of about 17 blocks.

Toncoin (TON) Sets New ATH Amid Continuous Growth

Toncoin (TON) has seen continuous growth, reaching a new all-time high (ATH) on April 8, crossing the $6 mark. CoinMarketCap data reveals that Toncoin (TON) gained 14.5% over the past week and a massive 123.98% over the past month, making it one of the best cryptos to invest in.

Toncoin (TON) market cap data also set a new high, which was around $21.2 billion in the second week of April. Last week, Toncoin (TON) repositioned itself among the top 10 altcoins by market cap, almost doubling its price within a month.

This surge in Toncoin (TON) price follows a series of events, including the announcement of a financial reward for Telegram channel users, the preliminary valuation of at least $30 billion received by Telegram ahead of a potential IPO, and lastly, Binance's announcement regarding the launch of a futures contract for Toncoin.

With all these, Toncoin (TON) is one of the top crypto coins, and we can only expect its price to keep rising.

Milei Moneda ($MEDA) on Course to Claim Top Meme Coin Spot

Milei Moneda ($MEDA) is a deflationary token that poses high returns for investors. The coin, which got its inspiration from the President of Argentina, Javier Milei, has become popular in the crypto market. 

Over 55 million $MEDA tokens have been sold so far during its public presale. Milei Moneda is presently in Stage 2 of its presale, and investors can purchase its token for $0.0125.

With more investors becoming more interested in $MEDA, Milei Moneda is dedicated to providing a seamless experience and lucrative investment opportunities for users. Hodlers of $MEDA are entitled to unique benefits such as voting rights, exclusive NFTs, and monthly giveaways. 

By engaging its members in certain activities like creation of proposals and governance activities, Milei Moneda has been able to build a vibrant community of dedicated members. This makes $MEDA the best crypto for beginners who wish to explore the meme coin market.

In contrast to other meme coins, which are subjected to external influence, Milei Moneda thrives on community engagement, integration of a deflationary mechanism, and potential for significant gains. Therefore, $MEDA is poised as the best crypto to invest in.

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

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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