Momentum on $MEDA presale breeds optimism for price recovery on Shiba Inu and FLOKI

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TLDR

  • Several analysts have predicted Milei Moneda ($MEDA) could be the best cryptocurrency to buy right now.
  • Shiba Inu (SHIB) could gain massively in the next crypto rally, according to some analysts.
  • A number of experts are predicting that FLOKI could set a new all-time high in 2024.

Milei Moneda ($MEDA) hits the ground running as many investors invest in its presale. Shiba Inu (SHIB) has been affected by the crypto market bloodbath despite increased Shibarium activity. Floki’s (FLOKI) roadmap could rescue the meme coin from a 27% slump in the past week. 

Economize Like Milei: Invest in $MEDA

Milei Moneda leads meme coin recovery

Milei Moneda has attracted massive attention because of its successful and lucrative presale. The gains available in the presale have led to an influx of investors from other projects to Milei Moneda. These investors see the opportunity to regain their losses after the market recently took a steep nosedive. 

$MEDA’s presale has already produced its first gains for Stage 1 investors, who have earned a 25% profit. The token is currently sold for $0.0125 in Stage 2 of the presale, which means investors could earn a 60% profit when the presale ends. Similarly, Stage 1 investors will eventually gain 100% of their initial investment when the presale is over. 

$MEDA could also pump further after launch because of its deflationary nature. 5% of its 500 million supply will be burned to create scarcity and trigger a surge, just like how Solana meme coins triggered the last meme coin rally.

Finally, investors’ funds are afforded a level of protection through locked liquidity, smart contract audits, and zero team allocations. These features and gains show why some analysts believe $MEDA could be the best crypto to invest in now.

Economize Like Milei: Invest in $MEDA!

Shiba Inu gains 97% in one year

SHIB has performed modestly over the past year despite the recent meme coin rally. The token gained 97% in the past year. This might be due to SHIB’s already-established status, which makes it behave more like other altcoin classes and less like a meme coin.

However, a recent price correction, exacerbated by sudden sell pressure triggered by escalating geo-political tensions in the Middle East, caused SHIB to lose 17.1% in one week. 

Still, some analysts say Shiba Inu’s (SHIB) recovery could happen soon. Shiba Inu’s network, Shibarium, is already showing signs of recovery. Daily transactions have increased from 6,000 to around 563,000 in one week. 

Analysts predict that SHIB could pump to $0.00011 if these positive stats continue during the post-Bitcoin Halving rally.

Floki loses a whopping 27% in seven days

Long-term Floki holders are still in profit after the meme coin gained 272% in the past year. Most of the surge happened during the recent meme coin frenzy and FLOKI token burn

However, a general price correction immediately followed. This price correction has eroded about half of the initial gains during the meme coin surge. It has led to Floki losing 27.4% of its value in the past seven days.

Despite this, analysts say the upcoming Bitcoin Halving might jerk the market out of the ongoing slump. Floki’s planned developments, like a digital card and Floki-denominated bank accounts, could also help restore confidence in the token. 

If all these happen, analysts say Floki can set a new ATH of $0.00065. 

Summary

Milei Moneda could lead the predicted meme coin surge with its massive presale profits, according to a number of experts. Shiba Inu (SHIB) regains momentum after price and network activity lull. Experts say increased network activity could catalyze recovery. Floki’s roadmap could play an important role in the meme coin’s recovery after a steep dip.

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