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BTC & ETH Near Record Peaks: Could This Catalyze the Rise of Milei Moneda?

Matt Williams
Last updated: | 3 min read
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
BTC

TLDR

  • Bitcoin (BTC) hit an ATH value of $73k this month.
  • Ethereum (ETH) is expected to reach a new ATH value soon.
  • Investors believe $MEDA is the best cryptocurrency to invest in now.

The crypto market is looking up to the two biggest cryptos—Bitcoin and Ethereum. Bitcoin has already hit a new ATH value this year and is expected to reach a new record value. Also, ETH is expected to follow suit, aided by some promising events. $MEDA will reach higher targets than expected to become one of the top crypto coins. Read on to learn more.

Economize Like Milei: Invest in $MEDA!

Will Bitcoin (BTC) Reach New Highs Before the Halving Event?

Bitcoin (BTC) is a top crypto to buy as it continues in an upward trend, trading near and around the $70k mark, edging closer to its ATH value of $73k, attained early in March. Bitcoin saw a massive sell-off over the past week, with whales increasing their accumulation speed since Monday.

A recent report reveals that over $940 million in crypto investment withdrawals were made last week, with Bitcoin taking the lead. However, Santiment data reveals that Bitcoin (BTC) whales have accumulated over 100,000 BTC (about $7 billion) over the past week.

Remarkably, Bitcoin’s (BTC) funding rate ratio rose to a two-week high, thereby revealing an imminent bullish breakout. Some traders are anticipating a surge in Bitcoin’s (BTC) dominance, predicting 2024 to be the largest in its history. Some others have a contrasting view that suggests a potential downtrend in the long run.

With the upcoming Bitcoin (BTC) halving drawing nearer, investors are highly optimistic that Bitcoin (BTC) may reach record peaks before the event occurs.

Ethereum (ETH) Poised for a New Record High

Ethereum (ETH) has been dominated by Bitcoin (BTC) for some months now. Bitcoin has already hit a new ATH value, while ETH is still 27.7% below its all-time high of $4.891, attained in 2021. However, as one of the best cryptos to invest in, Ethereum (ETH) has what it takes to reach a new record high.

The successful Dencun upgrade that took place on March 13 will ensure cheaper transactions on Layer-2 networks. This will ensure increased activity and attract mass demand for Ethereum (ETH).

Another possible catalyst for the price increase is the Spot ether ETF (exchange-traded fund) applications, with the regulation decision deadline coming up in May.

An approval would boost Ethereum’s (ETH) appeal among more institutional and conservative investors, just the way new spot Bitcoin ETFs attracted huge investors’ demand after its January launch, amassing almost $9 billion in net inflows.

Milei Moneda ($MEDA) Set To Offer Investors Higher Gains as Bitcoin and Ethereum Hit New Highs

While having its presale, Milei Moneda has garnered investors’ attention. This new meme, inspired by Argentine President Javier Milei, is here to change the narratives of the meme coin ecosystem. Milei Moneda offers futuristic benefits for investors who want to explore the crypto world.

Investing in $MEDA, the membership or governance token of Milei Moneda, will generate 100% gains for investors before it even starts trading on exchanges. In contrast to other top meme coins, Milei Moneda integrates a deflationary mechanism. This helps to limit the supply of $MEDA while preserving its value.

Another unique feature that makes Milei Moneda stand out is that it operates on the principle of 0% taxes, making it the best crypto for beginners. While creating a vibrant community of crypto investors and enthusiasts, Milei Moneda integrates aggressive marketing to create awareness in the crypto space.

Having a total supply of 500 million $MEDA tokens, the value of $MEDA is set to increase at every stage of its presale. For instance, $MEDA, which is priced at $0.010 per token in Stage 1, will be priced at $0.0125 in Stage 2 and $0.015 in Stage 3.

Milei Moneda’s potential to generate substantial gains for investors positions it as the best crypto to invest in. $MEDA will launch in major exchanges soon at the price of $0.020. If Bitcoin and Ethereum successfully hit new highs, this may catalyze the rise of Milei Moneda, ensuring a massive rise in $MEDA’s value.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. 

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.