● Whales moved more than $158 million worth of SOL to Coinbase. ● Milei Moneda ($MEDA) is a top crypto to buy in 2024. ● Jupiter surges despite community uproar.
Milei Moneda is doing well in its presale. Viewed as the best cryptocurrency to invest in, investors expect a huge 100x ROI when Milei Moneda’s token, $MEDA, starts trading on exchanges. Solana is one of the best cryptos to invest in, but it has made headlines after some whales moved large amounts of SOL tokens to Coinbase. Elsewhere, JUP’s price has risen despite community uproar. Read on to learn more.
Economize Like Milei: Invest in $MEDA!
Milei Moneda ($MEDA) Presale Winning the Hearts of Investors
Milei Moneda ($MEDA) is a recent addition to the meme coin space. Although it is yet to be launched on major exchanges, this meme coin has loaded benefits and financial gains for investors.
As an investment platform driven by community engagement, Milei Moneda has proved its long-term potential to investors. Therefore, it has become a much better option for investors and the best crypto for beginners.
Milei Moneda ($MEDA) is a true meme coin with the potential to gain considerable future momentum. Its primary token, $MEDA, is presently valued at $0.010 in Stage 1 of its presale. With plans to launch at $0.020 per token, early investors of $MEDA will generate a 100% increase since its initial price in Stage 1.
Milei Moneda offers high returns on investment and amazing benefits. For instance, $MEDA investors are rewarded with top NFTs and access to discounts. Furthermore, holding the $MEDA token gives investors voting rights, i.e., they can participate in the decision-making process on the platform.
Milei Moneda isn't just a regular coin that is hyped by influencers; it is a meme coin with outstanding benefits. $MEDA outperforms other meme coins in the market in terms of community engagement and ROI; hence, it is the best crypto to invest in.
Economize Like Milei: Invest in $MEDA!
Over $158 Million of Solana (SOL) Tokens Moved: What Are the Implications for SOL’s Price?
Solana is currently among the leading cryptocurrencies and is fighting hard to displace BNB from 4th spot. Despite the recent bearish market sentiment, Solana (SOL) still managed to see gains, rising in value by 45.78%.
However, in an unexpected move, whales moved more than $158 million worth of Solana (SOL) to Coinbase. Some speculate that this action is one from a major investor or group of investors seeking to consolidate their holdings, possibly to prepare for sales.
Others feel it’s a strategic move to probably leverage Coinbase’s liquidity for OTC deals or large-scale investment strategies.
The effects of these transactions on Solana and the market are yet to be ascertained. Should the SOL move to Coinbase be sold, this could cause immense selling pressure on the market, thereby leading to a price decrease for Solana (SOL).
However, if these movements form a part of a greater strategic plan, then there may be a negligible impact on Solana’s price.
Despite the drop in SOL value over the past week by 1.55%, crypto experts still see Solana (SOL) as one of the top crypto coins and expect it to see multiple gains, especially during the upcoming Bitcoin halving.
Jupiter (JUP) Price Sees Surge Despite Community Uproar
Solana-based DeFi protocol, Jupiter (JUP), has seen a massive increase recently. Over the past week, JUP has increased by 19.29%, and on the monthly chart, it has risen by 166.45%.
This positive price movement can be attributed to the controversy surrounding a recent proposal from the platform’s first Working Group (CWG). This proposal to allocate a budget of $7 million to the CWG led to outrage within the JUP community.
Critics view the proposal as an “egregious attempted robbery” and are questioning the contributions of CWG. Many others are worried that Jupiter (JUP) could become an example of centralization and mismanagement within DeFi.
Despite this controversy, Jupiter (JUP) price has seen gains, with analysts predicting more gains once the token finalizes its token correction. Jupiter’s (JUP) future is dependent on how it responds to the concerns of the community. Addressing the need for accountability and transparency will be important in regaining trust.
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