TLDR
- The halving will cause BTC to experience selling pressure before enjoying a long-term term positive impact.
- Milei Moneda ($MEDA) is a top crypto to buy in 2024.
Bitcoin is one of the best cryptos to invest in now that the halving has taken place. Experts have different opinions about the event and its effect on BTC price. Meanwhile, Milei Moneda has become the best cryptocurrency to invest in after its positive performance despite the turbulent market trend.
Economize Like Milei: Invest in $MEDA!
Bitcoin Likely to Face Sell-offs Ahead of Halving Event
In a recent interview, Crypto.com CEO Kris Marszalek aired his views on the Bitcoin halving, revealing that BTC will experience selling pressure initially before enjoying a long-term positive impact.
Historically, Bitcoin’s halving event is usually followed by price rises. However, some analysts are skeptical about the possibility of a repeat scenario, especially given the recent all-time high (ATH) Bitcoin price attained in mid-March.
Despite these short-term uncertainties, Marszalek is optimistic about the six months following the BTC halving, predicting that the Bitcoin market will experience a “pretty decent action.” Other industry experts have also expressed their views regarding the impact of BTC halving.
Fred Thiel, CEO of Marathon, stressed that the highly-anticipated BTC halving might have already been reflected in the market, noting that the EFTs approval has led to an influx of capital into the market and might have caused the rapid price increase expected within 3-6 months after the halving event.
Billionaire Arthur Hayes was cautious about the BTC halving event and its effect on price. Hayes feels that the BTC will experience a negative price action before and after the event. Coinbase has aired similar views, warning of a possible challenge in an upward momentum as traders seek a price surge ahead of the Bitcoin halving.
Though Bitcoin dipped 9% in value over the past week and dropped 4.77% on the monthly chart, according to CoinMarketCap data, it remains one of the top crypto coins to buy in 2024.
Milei Moneda Continues to Impress Despite the Turbulent Market
Milei Moneda, a trending meme coin project renowned for its scalability and potential for significant growth, has made a name in the meme coin world. Amid market fluctuation, Milei Moneda has demonstrated resilience rooted in its commitment to community development and continuous innovation.
As a prominent player in the meme coin market, Milei Moneda offers investors a unique investment opportunity. It is distinguished by its adoption of a deflationary mechanism, which enhances scalability and ensures the rarity of its native token, $MEDA.
With a fixed supply of 500,000,000 $MEDA tokens, Milei Moneda ensures fairness in its distribution model. 60% is dedicated to the public, 5% to burns, another 5% to airdrops, 15% to marketing and rewards, and 15% to liquidity.
One of Milei Moneda’s notable features is its 0% tax system. This helps to minimize transaction fees, making it the best crypto for beginners. Furthermore, those investing in $MEDA will automatically become members of its large community while enjoying benefits like NFT stakes, monthly giveaways, and discounts.
Milei Moneda has a strong presence on social platforms like X (formerly known as Twitter), Discord, and Reddit, contributing to its popularity in the meme coin market. $MEDA is not your regular meme coin influenced by hype; a strong community of supporters backs it up.
The presale of $MEDA has progressed from Stage 1 to Stage 2. Investors purchasing $MEDA at $0.0125 in Stage 2 should expect a 60% ROI when it launches on major exchanges. With the possibility of transforming investment into substantial gains, $MEDA is the best crypto to invest in 2024.
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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
