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The Milei Moneda presale is attracting BNB, SOL and altcoin investors, as Bitcoin halving draws near.
Bitcoin whale moves almost 94,500 BTC ahead of the halving. Solana is experiencing a downward correction but has what it takes to bounce back. MEDA is a top crypto to buy due to its unique offer.BNB moves to the 4th spot in terms of market cap.
Recently, a Bitcoin whale moved about $6 billion worth of BTC at a time that coincides with the upcoming BTC halving. SOL is rising but still struggling to recapture the $200 mark, while BNB has grown steadily over the past week, eyeing $700. However, all focus is on Milei Moneda, as investors see it as the best cryptocurrency to invest in.
5th-richest bitcoin whale redistributes about $6b BTC
Recently, the 5th-richest Bitcoin whale, with address “37X,” redistributed more than $6 billion worth of Bitcoin (almost 94,500 BTC) to three new addresses. This move, which was similar to that of 2019, left the initial wallet with a balance of just 1.4 BTC.
This move signals an important moment, which coincides with a massive rise in institutional interest as well as the upcoming Bitcoin halving. Combining this with the huge interest in Bitcoin ETFs and the increasing institutional acknowledgement of different cryptos, the stage is ready for a possible transformative phase in the crypto market.
As the Bitcoin (BTC) halving event draws near, the crypto community is keeping a constant watch on its effects on demand, supply, and the wider market sentiment.
Solana struggling to recapture the $200 mark
Solana saw a 5.94% rise over the past week, only to experience a downward correction recently. Two factors have affected Solana’s valuation.
First is the vulnerability of the market, especially when Bitcoin failed to surpass the $71,000 mark recently. This failure indicates dwindling investor confidence, especially regarding the outflows from spot Bitcoin ETFs.
Further pressure could stem from the legal actions taken by the U.S. Justice Department, which brought criminal charges against KuCoin, accusing them of offering unlicensed and unregulated derivatives contracts.
However, investors still believe that SOL is one of the best cryptos to invest in. They state that the rise in activities like airdrops and meme coins on the Solana network are significant factors that can maintain Solana’s positive trajectory and possibly raise its price to surpass $200.
Milei Moneda promises gains for investors
As the days go by, many meme coins are being introduced into the crypto space. This makes it difficult for investors to choose the best crypto to invest in. Milei Moneda aims to redefine the crypto space by creating investment opportunities that provide significant gains.
As an emerging meme coin inspired by Javier Milei, Milei Moneda offers the benefit of 0% taxes. Milei Moneda’s membership or governance token, popularly known as MEDA, is locked in a liquidity pool to preserve its long-term value.
The vision of Milei Moneda not only centres on investment but also revolves around creating a vibrant community of crypto investors and enthusiasts.
Through engaging activities like Q&A sessions and monthly giveaways, Milei Moneda promotes user participation. Milei Moneda also provides investors with opportunities to earn exclusive NFTs and gain access to discounts.
Positioned as the best crypto for beginners, MEDA is in Stage 1 of its presale. Currently, MEDA goes for a price of $0.010 per token. In Stage 2 and Stage 3, the price of MEDA will increase to $0.0125 and $0.015, respectively.
When MEDA launches on major exchanges, its price will hit $0.020. So, investors who participate in the presale in Stage 1 will gain 100% returns on investment.
Binance Coin (BNB) surges 8.91%; eyes $700 peak
Since Binance Coin (BNB) grew steadily over the past week, BNB has hit the headlines as one of the top crypto coins once again. It has seen a huge rise of over 190% from its lowest position attained in September 2023.
With more investors seeking a price increase and an expansion of the Binance ecosystem, BNB is getting closer to hitting the critical resistance level at $590.
Over the past week, BNB increased by 8.91%, thereby claiming the 4th spot in terms of market capitalization, CoinMarketCap reveals. The BNB price should rise similarly to the recent rise of Bitcoin to $700 if buyers decide to maintain the last resistance level.
There is a positive long-term sentiment with the recent BNB price of $575, revealing optimism among buyers and traders, indicating seller exhaustion isn’t an issue.
To learn more about this project, visit the Milei Moneda presale website or join the community
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This article first appeared at crypto.news
