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Milei Moneda surges 25% post-presale, Solana stabilizes amid network fixes, and Jupiter prepares for a 20% price rebound.
As investors of Solana (SOL) and Jupiter (JUP) anticipate price rebounds, they’re beginning to take notice of the potential of Milei Moneda (MEDA). With its impressive presale performance and widespread investor interest, this meme coin could be a leading pick.
Solana battles critical network congestion
Solana kicked off the year on a strong bullish trend, surpassing both its 2023 and 2022 highs while inching closer to its 2021 ATH. This surge was fueled by a significant increase in the network’s trading volume, driven by the growing interest in Solana meme coins.
However, Solana’s recent woes serve as a prime example of the adage “too much of a good thing,” as the network is currently grappling with critical congestion, leading to outages and transaction failures. Despite ongoing efforts from developers and core contributors to address these issues and bolster the network’s infrastructure, SOL’s price has borne the brunt.
This week, Solana’s price experienced an 8% decline, accompanied by a 2% drop in trading volume. Nonetheless, the coin appears to have found support at its current price level, and with the resolution of network issues pending, there’s potential for a rebound in the days ahead.
Jupiter wards off spam bot attacks
The network congestion and bearish performance of Solana have consequently impacted most stock meme coins in the Solana network, including Jupiter. In addition to this, Jupiter is equally contending with spam bot attacks and high volatility in the broader crypto market.
Amidst all this turbulence, Jupiter’s price has plummeted by a significant 33% this month, with a 16% decrease observed this week alone. However, Jupiter appears to have found support, resisting further declines. Crypto analysts predict a potential 20% rebound for JUP in the coming weeks.
Their bullish sentiment for JUP is further fortified by Jupiter’s unveiled plans for a significant infrastructure overhaul set to commence next week in response to the recent problems plaguing the network coupled with its Community Working Group’s (CWG) budget proposal aimed at establishing the first Jupiter Working Group, which is currently up for a vote.
Milei Moneda shows immense potential
Savvy investors are already capitalizing on Milei Moneda’s gains while patiently waiting for a broader crypto market turnaround. Following the recently concluded Stage 1 of its presale, Milei Moneda has already delivered a 25% increase to investors’ portfolios.
Investors who participate in the ongoing presale Stage 2 are poised to gain an impressive 60% return by mid-year as Milei Moneda gears up for its launch on Uniswap. This launch is expected to drive the price of MEDA tokens to $0.020 from its current level of $0.0125, providing an ideal entry point for newcomers.
Beyond its financial prospects, Milei Moneda possesses an undeniable allure. This unique meme coin has carved out a distinctive niche in the cryptocurrency landscape, seamlessly blending politics, humor, and cutting-edge blockchain technology to offer investors the assurance of security, genuine decentralization, and access to a vibrant community of meme coin enthusiasts.
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