Investors Consider Investment Alternatives to MATIC and BNB Amid Market Pullback; $MEDA Presale Gears up for Massive Surge

TLDR

• Polygon has been in a persistent downward movement.
• BNB is seeking to bounce back after losing 3.03% of its value on the weekly chart.
• Milei Moneda ($MEDA) is one of the best cryptos to invest in.

Amidst the crypto market's prevailing downward trend, MATIC has experienced a downward movement, losing 9% and 19.35% of its value over the past week and month, respectively. BNB has also seen a downward movement over the past week as investors seek refuge in the Milei Moneda ($MEDA) presale as it prepares for a massive surge in price.

Economize Like Milei: Invest in $MEDA!

Polygon (MATIC) to Face Further Price Plunge Amid Serious Network Glitch

Without a doubt, Polygon (MATIC) is one of the top crypto coins in the crypto sphere. However, since it attained its ATH back in 2021, it has seen a persistent downward movement and seems unable to recover its initial heights.

This week, MATIC has already lost 9% of its value, yet crypto analysts predict a possible extension of this loss. Main indicators accessed on MATIC's daily chart reveal the possibility of further price declines, with projections pushing towards a support zone at about 20% below Polygon's current price.

Also, there has been increased speculation regarding the scalability, reliability, and credibility of the Polygon Network, considering the recent glitch in the protocol sequences, which led to a 12-hour outage on the Polygon network. 

Therefore, it isn't surprising that investors are considering profitable investment alternatives like Milei Moneda ($MEDA), which is set to offer a 100x ROI.

Binance Coin (BNB) Dips 3% on the Weekly Charts: Set to Rally Again

Binance Coin (BNB) experienced a surge recently, defying the wider market trend and earning a 36.31% increase over the past month. On the weekly chart, Binance Coin is down 3.03% but has rallied recently, fueled by different catalysts. These include the excitement surrounding the launch of Ethena (ENA), the synthetic dollar protocol, and the rising dominance of Binance Coin as a top crypto to buy in the crypto market.

The introduction of Ethena generated increased activity in the BNB chain ecosystem, which is reflected in the surge in total value locked (TVL) attributed to increased buying and holding activities. Users planned to farm ENA tokens by staking Binance Coin.

Binance Coin's price action reveals a bullish momentum. However, this could be invalidated if the BNB price breaches its lower trendline, with main support levels at the 50-day and 200-day EMAs (exponential moving averages) at $500 and $360, respectively.

Milei Moneda ($MEDA) Is the Best Cryptocurrency to Invest in as It Prepares for Massive Surge

Milei Moneda has been trending in the crypto market since it started its presale. The meme coin, which was inspired by Javier Milei, the president of Argentina, has piqued investors' curiosity due to its outstanding potential for huge gains. According to crypto experts and analysts, Milei Moneda is positioned as the best crypto to invest in 2024.

Milei Moneda, also known as $MEDA, offers much more than an investment opportunity. It fosters community engagement and a sense of membership among investors. Additionally, Milei Moneda has a strong presence on platforms like Twitter, Reddit, and Discord.

In contrast to other meme coins, $MEDA prioritizes the purchasing power of its token and, as such, integrates a deflationary mechanism. In this case, the value of $MEDA increases over time as its supply declines. 

According to experts, $MEDA is the best crypto for beginners because of its dedicated community and great potential to help investors maximize huge gains.

Milei Moneda is currently in Stage 2 of its presale, and the token price is $0.0125. The official launch for $MEDA is May 21. At this time, $MEDA will be priced at $0.020. Investors who wish to maximize profits from the meme coin market can participate in the presale. But that’s not all. Experts say that once $MEDA starts trading on exchanges, it has the potential to be the next huge meme coin and rake in 100x returns.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

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