LTC, MNT gain amid turmoil as MEDA presale prepares for surge
Release: 2024/04/08 17:39 Reading: 929
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Following LTC’s price surge amid regulatory acceptance and a mobile upgrade, MNT reaches a new all-time high; meanwhile, Milei Moneda (MEDA) emerges as a leading crypto investment.
Amid market turmoil, Litecoin posted a 6.59% increase over the past week, thanks to its regulatory acceptance as a commodity and its mobile upgrades, making it one of the leading crypto coins. Mantle was able to attain a new ATH value, while the Milei Moneda (MEDA) presale is getting prepared to offer early investors 10x returns at launch.
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Litecoin sees profits
Over the past seven days, Litecoin’s price has risen 6.59%, and on the monthly chart, it has seen a 10.96% price increase. This increase ensures it is included among the promising cryptos to invest in after outperforming some of its market counterparts.
In addition to Litecoin’s recent price rise, the Commodity Futures Trading Commission (CFTC) has included both Ethereum and Litecoin as commodities as a result of its legal proceedings against KuCoin.
This classification won’t just underscore the significance of Litecoin in the digital asset world but also comes in the wake of an announcement by Coinbase Institutional of its plans to list Litecoin Futures on its platform. This has significantly boosted investor confidence in Litecoin.
Also, Litecoin’s recent update, Core v0.21.3, was released at the end of March, ensuring that LTC continues in its positive price movement. This update was aimed at accelerating MWEB adoption, making it easier to assess MWEB through mobile wallets.
With future plans to introduce mobile wallets following supporting MWEB transactions later in 2024, Litecoin seeks to be one of the most fungible cryptocurrencies available, ensuring its position as a top crypto to buy.
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Mantle hits new ATH
Mantle price impresses investors with its rallies and increases. This has pushed Mantle’s price to a new ATH of $1.42 over the past week. The altcoin still supports the 50-day SMA.
However, with each rally comes selling, thereby impacting the price of Mantle. According to reports, about 30 million MNT held by whale addresses have been sold off. This huge amount was expected since Mantle reached a new ATH (all-time high).
Furthermore, after dividing the network’s total active addresses in terms of profitability, it is obvious that the intention of MNT hodlers is not to sell. Almost 87% of all active addresses are people neither at a loss nor in profit. The ones in profit make only about 12%.
This indicates that MNT hodlers don’t plan to sell presently, which will help drive Mantle to rally further.
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Milei Moneda presale progresses smoothly
Milei Moneda (MEDA) is a meme coin project dedicated to creating perfect investment opportunities for investors. Unlike most meme coins considered speculative assets, Milei Moneda provides an NFT marketplace. The popularity of this meme coin in the crypto ecosystem is evidenced by its growing community and potential for significant gains.
Investors can participate in the ongoing presale to own the membership or governance token of Milei Moneda, which is popularly known as MEDA. MEDA offers investors membership and governance rights, meaning they can directly influence decisions made on the platform.
Milei Moneda maintains a significant presence on platforms like Twitter, Reddit, and Discord. This meme coin is appealing to individuals who are seeking unconventional investment opportunities with the potential for significant growth over the long term.
While Stage 1 of the MEDA presale is ongoing, investors are seizing the opportunity to participate in it. The token price of MEDA at this stage is $0.010. It is expected to increase to $0.0125 in Stage 2 and $0.015 in Stage 3.
Milei Moneda will launch its token in major exchanges at the price of $0.020. This indicates a 100% return for investors who participate in the early stage of the presale.
To learn more about Milei Moneda, visit the website or reach out on Telegram.
You might also like: XRP’s activity surges, DOT eyes growth, Milei Moneda draws attention
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