Cryptocurrency

Investors Seek Shelter in Guaranteed $MEDA Presale Gains While Arbitrum and Ethereum Classic Remain Stagnant

IndustryTrends

TLDR

  • Milei Moneda's ($MEDA) presale generates massive interest.

  • ARB suffers a massive slump as the market contracts.

  • 'Fifthenning' could drive ETC prices up.

MileI Moneda's ($MEDA) promised presale gains are causing excitement in the crypto space. Meanwhile, Arbitrum (ARB) has suffered a 27% slump in the past month, threatening to wipe out all its gains in the last few months. Also, Ethereum Classic (ETC) is trading at $30.10, 10% below its price a month ago.

Investors Flock Towards Milei Moneda Because of Certain Profits

Milei Moneda is the newest rave in the crypto space. This unique meme coin that combines humor and politics with blockchain technology has captured crypto investors' hearts, minds, and pockets. 

This development is directly linked to the guaranteed profits from the Milei Moneda presale. Currently, investors can buy $MEDA for $0.010 in Stage 1 and earn a 100% profit when the project launches at $0.020. This is an unprecedented degree of certainty in a typically unpredictable market. It has led to a FOMO frenzy to acquire $MEDA

In addition, 5% of $MEDA's 500 million supply will be burned, creating scarcity and fostering price stability in the future.

Milei Moneda investors also enjoy voting rights, access to the coolest NFT collections, and NFT staking rewards. They also get the key to the Milei Moneda community on X, Discord, and Reddit. 

Importantly, investors' funds are protected through smart contract audits, locked liquidity, zero team allocations, and no transaction taxes.  

All these make $MEDA look like the best crypto to invest in in a market rife with uncertainty.

Arbitrum (ARB) Slumps Despite Continued Development

ARB has benefitted from what has turned out to be the first installment of the long-predicted 2024 bull run. The token gained 21% in the past year, rising to $1.48. 

However, most of those gains have evaporated because of the steep price correction that followed the last rally. Arbitrum recently became the host of an anime-focused project called AnimeChain. This will be a one-stop shop for anime creators and fans on Web3

AnimeChain's developers said they chose Arbitrum because of its stellar Ethereum scaling capabilities. Despite this, the prevailing market forces have dragged ARB down by 26.55% in the past month. 

However, analysts predict that Arbitrum (ARB) can pump to $6.77 in the next phase of the bull run.

Ethereum Classic (ETC) Holders Look Forward to 'Fifthenning' Despite Current Struggles

ETC has enjoyed a decent price increase in the past year. The token has gained 51.49% in the past year and is currently selling for $32.12. However, the Ethereum Classic token has lost 10.1% as a massive price correction kicked in about a month ago. 

But analysts believe Ethereum Classic's dip is not as bad as ARB's because of the excitement surrounding the fast-approaching Ethereum Classic 'fifthenning.' During the 'fifthenning', ETC's block rewards reduce by 20%. This makes the token scarcer and increases ETC's value

Analysts predict that Ethereum Classic can outperform other altcoins in 2024 because of this event. They say ETC can reach $147.94.

Summary

$MEDA offers an unparalleled earning opportunity to savvy investors. Arbitrum needs more than new collaborations to rebound from its current dip. Meanwhile, Ethereum Classic investors look forward to 'fiftenning' for potential gains.

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