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Milei Moneda (MEDA) is set for a huge presale surge. Its post-launch potential also has investors flocking in by the thousands.
Solana dips as widespread failure hits the network. Shiba Inu gained after a listing announcement.
Milei Moneda (MEDA) presale investors are excited as they close in on a significant surge. Meanwhile, Solana users experience massive transaction failure, while Shiba Inu (SHIB) gets support from another exchange.
How large is the upcoming MEDA surge? And how has this news affected SOL and SHIB prices? Let’s find out!
Early Milei Moneda investors prepare for a 60% Surge
Milei Moneda is a unique meme coin that combines humor and politics with blockchain technology. This meme coin has grabbed the market’s attention over the past month. This increased attention is due to Milei Moneda’s lucrative presale.
The presale is currently in Stage 2, and MEDA is selling for $0.0125. However, Stage 1 investors have already made a 25% gain, having bought MEDA at $0.010. They will also gain 100% during the presale. Similarly, Stage 2 investors can earn a 60% profit by the time Milei Moneda launches at $0.020.
Also, Milei Moneda investors could enjoy massive surges after the launch. This is because 5% of MEDA’s supply will be burned to create scarcity and stabilize the price. Additional benefits for MEDA investors include voting rights, rewards for quality proposals, exclusive access to the coolest NFTs, NFT staking rewards, and discounts.
Finally, investors are also admitted into the lively community based on Discord, X, and Reddit. Community activities include regular giveaways, Q&A sessions, and virtual events. These profit opportunities and other benefits have convinced many investors that Milei Moneda is the top crypto to invest in.
Report: 75% of Solana transactions fail
The unpalatable statistic that three-quarters of transactions on the Solana network don’t go through was recently noted by crypto experts. Analysts explain that this development is caused by the massive activity generated by the Solana meme coins.
Users have also complained about this phenomenon and poor user experience on social media. However, a popular Solana supporter on X, Helius CEO Mert Mumtaz, claimed that the majority of the failed transactions were due to bot spam. He also added that increasing transaction fees beyond a certain level will not improve user experience. The consensus is that it will take a while to fix the issue, as only network patches can correct the problem.
Analysts say this issue might have led to a reduction in transactions as the SOL price has fallen from $183.96 to $164.15. This is a 10.77% decrease for SOL. However, analysts say SOL can reach a new ATH of $500 in the next installment of the 2024 bull market.
Nexo lists Shiba Inu
On April 5, a global exchange, Nexo, announced on X that it had listed Shiba Inu on its exchange. Customers will be able to buy, send via phone number and email, and borrow against SHIB on the exchange.
They can also swap SHIB with Bitcoin, Ethereum, Litecoin, and Arbitrum. Nexo also offered a 0.5% cashback in crypto rewards on all Shiba Inu (SHIB) purchases made with cards or bank transfers. This listing is the culmination of three years of advocacy, including a Change.org petition. Nexo’s support for Shiba Inu has had the desired effect, as the token has gained 3.6% since the listing, rising from $0.000028 to $0.000029 before retracing again.
Analysts say Shiba Inu can pump further to $0.000050 during the next instalment of the 2024 bull run.
To learn more about this project, visit the Milei Moneda website or join the community
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This article first appeared at crypto.news
