Cryptocurrency

TON and ORDI Defy Market Sentiment With Pump: Is $MEDA the Next Biggest Meme Coin? Early Numbers Say Yes

IndustryTrends

TLDR

  • Toncoin (TON) hit a new ATH, surpassing the $7 mark.

  • Coinbase revealed plans to list ORDI futures from April 11.

  • Milei Moneda ($MEDA) presents itself as the best cryptocurrency to invest in.

Toncoin (TON) and ORDI have defied market sentiment lately, posting massive gains. Recently, Toncoin attained a new ATH, becoming one of the top crypto coins, while ORDI experienced an upward trend on the weekly chart with 18.7% gains. However, Milei Moneda ($MEDA) is already becoming the next biggest meme coin after completing Stage 1 of its presale.

Toncoin (TON) Hits New Highs, Displacing Cardano

Toncoin (TON) hit a new all-time high (ATH), recently surpassing the $7 mark and also displacing Cardano from the 9th spot in the list of the top 10 cryptocurrencies by market cap. Besides, (TON) outperformed the entire altcoin space with a weekly gain of 31.5%, making it one of the best cryptos to invest in.

After experiencing a strong rally over the past seven days, crypto analysts believe that Toncoin may enter a consolidation phase between $6.50 and $6.75 before surging again.

There are reasons behind the rally in Toncoin price. Since the start of 2024, the Toncoin price has increased by a massive 210%, which is coming as a result of some key developments happening in the Toncoin ecosystem, including the revenue-sharing programs and the self-custody TON wallet.

TON price experienced more gains after Telegram announced the revenue sharing program, which ensured that owners of Telegram channels could earn 50% of ad revenue.

Also, due to the strong demand for (TON) as a top crypto to buy, top crypto exchanges, such as Binance, are offering futures contracts for TON with a massive 50x leverage.

Coinbase's Announcement of Its ORDI Futures Listing Shoots ORDI's Price Upwards

As 2023 came to a close, ORDI price saw a rapid rise, increasing by over 1,200%. However, this momentum fell in 2024, with ORDI failing to approach previous highs. The ORDI price consolidated for most parts of 2024, but last week began an upward movement, earning 18.7%. This happened after Coinbase announced that it would list ORDI Futures on April 11. However, will this rally eventually push the ORDI price above the $100 mark?

Due to ORDI's recent price action, indicator readings, and wave count, ORDU is well-positioned to see a massive price breakout that can take its price above $100.

Milei Moneda ($MEDA) Poised to Be the Next Biggest Meme Coin With Its Ongoing Presale

The meme coin market is buzzing, with investors anticipating substantial returns from their investments. However, not all meme coins offer high growth potential and other benefits. Milei Moneda, a meme coin inspired by Argentine president Javier Milei, made waves after its presale began. $MEDA has the potential to dive into the world of highly efficient meme coins, making it the best crypto to invest in.

Milei Moneda grants its investors membership and ownership of Non-Fungible Tokens (NFTs). By purchasing Milei Moneda ($MEDA) tokens, investors are entitled to different benefits, including voting rights, access to discounts, and exclusive content. The Milei Moneda ecosystem thrives on a great partnership with influencers, a community of loyal members, and significant financial returns. Milei Moneda has the potential to transform a simple investment into massive gains, and as such, it is the best crypto for beginners.

Having completed Stage 1 of its presale, $MEDA has progressed to Stage 2 and is priced at $0.0125. The current price of $MEDA will mark a 60% increase when it launches on major exchanges.

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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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