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Filecoin investors are pushing for another barrier break for the FIL token.
Axie Infinity experiences a 23% weekly dip as AXS struggles for profits.
Milei Moneda promises long-term prospects from deflationary $MEDA tokens.
Reports from analysts show that Filecoin (FIL) could be making a comeback in the coming weeks. Other top altcoins are already in the correction phase, but FIL has been going strong. On the other hand, Axie Infinity (AXS) is slipping fast, and AXS users are turning to Milei Moneda ($MEDA) for their profits.
Filecoin began in 2024 with plans for innovative upgrades. Its outer space storage launch and partnership with the Bitcoin Virtual Machine (BVM) earlier in the year made the headlines. For all it's worth, FIL is on a profit streak, and the bulls are all behind it.
Coinpedia believes that FIL will soon experience a price pump. The analysts have indicated that a 29% weekly rise for the next two weeks will see Filecoin hit one of its resistance levels even before the market eases into Bitcoin's incoming halving event.
Filecoin bulls have psychologically claimed the ten-dollar resistance level as a starting point for the FIL token as it re-took the milestone price last week. After it did that, Filecoin climbed to be the 22nd highest among the top crypto coins by market cap.
FIL might be one of the best cryptos to buy this year. Even InvestorObserver gives Filecoin a moderate risk rating, indicating that FIL is still very much a top crypto to invest in.
Axie Infinity was one of the best DeFi projects in the crypto-verse at some point, getting about a million visits daily for its gaming protocol. AXS seems to have fallen out of favor with traders lately, as Axie Infinity's trends have become quite bearish.
AXS didn't join the top DeFi coins in the recent price pump, and as if that wasn't bad enough, the GameFi coin is on a 23.62% decline in the past seven days. However, Coincodex predicts that Axie Infinity will show strong bullish signals this year, even though some bearish trends predict a drop as low as 50% for AXS.
Whether AXS will be able to rejoin the top 10 altcoins again remains to be seen, but there's a new meme coin investors are trooping to for profits.
Enter Milei Moneda.
Milei Moneda is set to battle existing meme tokens for the top spot in the meme market, and this time, it won't be with just memes. $MEDA promises several protocol features that will attract traffic–and profits–to Milei Moneda.
We all know that deflationary measures are fast becoming a trend among meme coins, as most of the older meme coins need token burn mechanisms to achieve price surges. Milei Moneda has that on hold, as its $MEDA token automatically reduces with usage, ensuring the token value rises steadily. With that, long-term investors are in for top gains; the longer you HODL your $MEDA tokens, the better the profits.
Milei Moneda will also be featuring humorous memes for crypto users. With $MEDA, the memes will be directed towards influencing policies that adopt crypto adoption in various countries. $MEDA believes in economic freedom for everyone, and the Milei Moneda community is the place to be if you'd rather invest in a community-centered project.
Eager to join in? $MEDA tokens cost only $0.010 each, and your deposits set you up for 100% gains by May when $MEDA launches at $0.020.
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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.
