Avalanche faces a tough resistance level as the AVAX price drags in a slow trend.
Polygon investors might need to allow a reset if MATIC is to spike any time soon.
Milei Moneda's ($MEDA) is all about memes and interesting DeFi features.
It has been slow among the top crypto coins as there is none of that excitement that February and March brought, especially from Avalanche (AVAX) and Polygon (MATIC). The coin rally has waned, the price pump has ended, and the top altcoins are eagerly waiting for Bitcoin's halving. But investors are not with AVAX and MATIC on that. Many are off to the meme market, where there's Milei Moneda ($MEDA) and its awesome presale waiting.
We have a lot of info on the Milei Moneda ($MEDA) project right here.
Economize Like Milei: Invest in $MEDA!
Two pumps might be too much for AVAX, as the Avalanche altcoin price seems to be dragging itself toward its newest resistance. The Bitcoin-inspired pump in February saw Avalanche reach its ATH before slipping by over 20%.
Some analysts think a short-term price correction is in the works for Avalanche, as the bulls feel overworked. Good thing because a not-so-significant drop could be all AVAX needs to attract more buyers. That will bring in a buy pressure sufficient to progress with, maybe even up to a 60% surge.
Of course, the alternative is that the current investors lose interest, or profits–or both–and decide to move on to other top crypto coins for investment. Then, Avalanche will not only drop off the top altcoins chart but also retest support levels that AVAX hasn't visited in months. AVAX is on a 10% downtrend from last week, and the bears are growing in confidence.
Polygon has been trading at a relatively mediocre level since 2022, never quite crossing the dollar before correcting back. Not even Bitcoin's influence could keep MATIC's surgeon for longer than a few weeks, as the altcoin price is back there again.
Analysts are of the opinion that a brief bearish trend will make the MATIC price a lot more interesting to buyers who missed out on Polygon investments during the coin rally. With these buyers on board, Polygon could surge 60%, according to experts.
A spike like that just before the bull run sets up MATIC pretty nicely for the Bitcoin halving. At the moment, MATIC is on a 4% weekly decline, and if the dip is not controlled, Polygon could spiral into an undesirable support level and probably off the top of the DeFi crypto list, too.
Innovation is spreading throughout the cryptocurrency market, and even the meme coin sector has been hit. From Floki's credit card features to Solana meme coins and their use cases, even meme coins are rising up to the challenge. We also have one of the new ICOs offering a unique feature that would set it apart. Enter Milei Moneda.
Milei Moneda project is the meme remake of the Argentinian president, Javier Milei, who is very outspoken about cryptocurrency in his country. $MEDA is now taking that global campaign as the token hope for economic reforms and financial autonomy for everyone.
According to Milei Moneda, DeFi is the answer to the world's financial inequalities. With DeFi features in place, the token believes everyone will have equal opportunities to make wealth, especially in the cryptocurrency market. As soon as it launches, Milei Moneda's community will take over affairs and start commissioning DeFi features for the entire crypto-verse.
With smart contracts on the way and a deflationary policy already in place, $ MEDA's price is set to rise as soon as it launches. The token currently sells for $0.010 but will cost $0.020 and return 100% ROI by mid-year.
Don't wait till then; enter Milei Moneda's paradise today and start accumulating your profits! Experts say that the token has even greater post-launch gains in store, and they highly recommend $MEDA to investors.
Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.