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BNB price
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Solana (SOL)
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Solana price
XRP
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$0.6023020 -1.65416
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Shiba Inu
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ARB and MATIC holders pursue better gains on Milei Moneda presale

Partner Content
ARB and MATIC holders pursue better gains on Milei Moneda presale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Amid declines in Arbitrum and Polygon signaling market concerns, Milei Moneda stands out with promising governance, NFT access, and a huge launch ROI.

As the cryptocurrency market experiences turbulence, two major tokens, Arbitrum (ARB) and Polygon (MATIC), have faced significant challenges. Amid this struggle, a new player, Milei Moneda (MEDA), has entered the arena, emerging as a haven for investors.

Arbitrum price tumbles after massive token unlock

March 2024 saw a flurry of token unlocks, with Arbitrum (ARB) taking the lead. According to various reports, Arbitrum unleashed $2.212 billion worth of ARB tokens, representing a staggering 87.20% of the altcoins’ total circulating supply.

This significant ARB token unlock was followed by a downtrend in its altcoin price performance. In March, Arbitrum (ARB) saw over a 30% price decline, raising concerns about its future trajectory. 

This troubling trend has cast a shadow over Arbitrum’s (ARB) performance, pushing investors to other promising tokens. Meanwhile, based on the significant number of ARB tokens currently in the market, market analysts predict a continuous downtrend for the altcoin. 

Polygon TVL slump raises concerns

Like Arbitrum, Polygon has also seen its share of troubles. Despite recent developments, such as the Napoli upgrade, aimed at bolstering Polygon’s consensus mechanisms, the ecosystem continues to struggle.

In the past 30 days, MATIC has witnessed over a 30% decline in its price, leaving 51% of investors in losses. Polygon’s Total Value Locked has also declined, dropping to $1 billion. This stark decline from the highs seen in 2021 points to reduced investor activity and participation in the ecosystem.

Polygon’s dwindling TVL raises concerns about its ecosystem health and reliability, with worries emerging about its ability to attract and retain liquidity providers. At this rate, price projections show MATIC bears holding control in the coming weeks. 

Milei Moneda emerges as a go-to option 

As top altcoins – ARB and MATIC, struggle, investors have found solace in Milei Moneda, a fresh meme coin making waves in the crypto sphere. Drawing inspiration from Argentina’s President, Javier Milei, this meme coin has quickly gained recognition and popularity.

Operating as more than a cryptocurrency, Milei Moneda provides investors with a sense of community engagement and governance rights. The project’s native token, MEDA, is the key to membership, granting access to exclusive benefits such as access to NFTs, staking rewards, and monthly giveaways.

MEDA’s presale is currently in progress, offering investors the chance to acquire tokens at a price of $0.0125 in Stage 2. This presents an enticing opportunity for early investors, with plans to launch MEDA on Uniswap at $0.020 per token. With the launch date set for May 21, investors are flocking in, booking their spots for a 60% ROI.

Moreover, earlier investors who bought MEDA at $0.010 will realize a 100% ROI, with 10x gains once Milei Moneda launches the token on exchanges.

To learn more, visit the Milei Moneda website or reach out on Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.