AVAX recovers from unlocking setback, but the snail pace worries investors.
Fair price movements for MATIC: how much more profit can investors expect?
Proactive Milei Moneda ticks the right boxes. The new meme coin is poised to 2x investor funds.
Expert traders earn their reputation by knowing how to identify the best new ICOs with the biggest profit potential. They know when to jump ship for better profits. While Avalanche (AVAX) and Polygon (MATIC) look to be running out of steam with slow price movements, experts are whispering about Milei Moneda ($MEDA), a new meme coin with the best ICO and the most viable profit potential right now.
Economize Like Milei: Invest in $MEDA!
Avalanche's AVAX token has finally recovered from its February price struggles, which were a result of its token unlock. Recall that 9.5 million locked Avalanche (AVAX) tokens (worth approximately $365 million) were released into circulation on February 24. The unlock created a demand-supply imbalance, with more Avalanche (AVAX) in circulation than the market demanded. As a result, Avalanche (AVAX) swung into a dip.
However, Avalanche (AVAX) looks to have put the dip behind it as the token has recorded noticeable price uptrends in the past few days, restoring investor optimism.
So far, Avalanche (AVAX) has recorded a 14% rise since its token unlock. While experts tip AVAX for a continuous bull run, the token is trending at a snail's pace, leaving a lot to be desired profit-wise.
Polygon has carved a niche for itself in the crypto-verse for solving scalability issues through its multi-chain solution. Polygon's new AggLayer (aggregation layer) has come in handy for connecting blockchains and easing cross-chain transactions. And it recently just got a new user in Astar zkEVM. There have been high hopes that this development will help generate more traction for MATIC.
On the charts, Polygon's ERC-20 token, MATIC, is struggling to make serious price uptrends despite general bullish buzz among altcoins. Per crypto news from Investors Observer, Polygon currently ranks in the bottom 30% of crypto risers in the market–not the most exciting considering MATIC is one of the habitual top crypto coins.
To be fair, Polygon has steadily hit the greens in recent times. The token has gained by 12% in the last few days. However, although MATIC remains one of the most popular erc20 coins, due to its volatility, there is a cloud of uncertainty hanging around its trend.
Moving on, experts have identified another top ICO as one of the best cryptos to buy for huge gains.
As its name suggests, Milei Moneda is inspired by Javier Milei, who is prominent in his fight for economic liberation through blockchain technology in Argentina. Milei Moneda picks traits such as sarcasm and unyielding passion for liberalism from its eponym.
Unlike other meme coins with 'pump and dump' syndromes, Milei Moneda safeguards its token through locked liquidity to prevent any sharp run-ups or run-downs. Nobody is getting rugged here.
The project also has a self-burn mechanism where a percentage of the 500,000,000 $MEDA token supply would be mopped up to create a bit of scarcity. By doing this, Milei Moneda proactively cuts the risk of volatility and inflation of the $MEDA token.
$MEDA is a governance token backed by its vibrant community where active participation is rewarded. Members have the benefit of shaping the project by suggesting ideas for the betterment of the project. The best ideas get prizes ranging from the coolest NFTs to $MEDA giveaways. Everybody is going to have fun, and earn a lot.
The token is still in Stage 1 of the presale and is selling at $0.010/token. Investors who HODL their token will make 100% when $MEDA launches in May.
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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.