Chainlink continues to develop as LINK's price increases steadily.
Cardano's slow growth hinders huge price increases.
Owning $MEDA is a viable path to crypto millions.
Chainlink (LINK) posts a 1% gain in 30 days as it recovers slowly from market-wide price correction. Cardano (ADA) has gained 2.86% in the past month despite profit taken from whales. Meanwhile, Milei Moneda ($MEDA) hits the market with a unique meme coin proposition.
Which of LINK, ADA, and $MEDA is the best crypto to invest in now?
Chainlink has benefitted from the ongoing bull market. LINK has surged just under 160% in the past year. Part of this surge can be linked to Chainlink's constant development, like the new Chainlink Automation 2.0.
However, a general price pullback halted progress for about a week, and LINK is still recovering. LINK is currently trading at around the $18.95 level after a 1% gain in the past month. The token had fallen below $17 during the brief slump.
Despite this, Chainlink has kept up development. Chainlink Labs recently collaborated with Avalanche and The Australia and New Zealand Banking Group (ANZ) to connect the Avalanche and Ethereum blockchain networks for on-chain settlement solutions.
This constant development has convinced experts that LINK could still pump to $50 in the ongoing bull market.
Cardano has been one of the least-performing altcoins in the past year. ADA has gained a relatively low 85%. This slow price growth has been attributed to Cardano's slow development, which has caused it to lag behind its competitors. For example, the Vasil hard fork was delayed because of technical issues.
However, Cardano has managed a 2.9% price increase in the past month despite a general price correction and profit-taking from whales. It was recently discovered that whales cashed in $380 million of ADA profits. Analysts say this massive profit-taking might force ADA to make another price correction soon.
Despite this, they still believe Cardano can reach $3.37 during the bull market.
Milei Moneda is a new meme coin that combines traditional meme coin humor with politics and blockchain technology. It is inspired by anarcho-capitalist and crypto supporter Javier Milei. Milei Moneda welcomes people with radical political and economic ideas into its community.
In recent weeks, Milei Moneda has attracted considerable attention with the massive gains investors can make during its presale. The presale is currently in Stage 1, and $MEDA is sold for $0.010. Investors who HODL $MEDA will earn a 100% profit when the token becomes $0.020 at the launch.
In addition, they will also get voting rights, access to exclusive NFT collections, NFT staking rewards, and discounts. They also get access to the Milei Moneda community on Reddit, Discord, and X. They can attend virtual events and participate in giveaways and Q&A sessions.
Finally, Milei Moneda is protected by smart contract audits, locked liquidity, and no team allocations.
All the above shows why $MEDA might be the best cryptocurrency to invest in.
Chainlink's new collaboration stretches the real-world applications of blockchain technology. Analysts say this development could impact LINK price in the near future. Cardano's slow development keeps it far behind its competitors. Whales also try to lock in their profits while they can. Milei Moneda is the investor's dream with all the benefits and guaranteed profits.
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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.