BNB and FET Lose Price Support While Milei Moneda Offers Saving Grace With Potential 10x Gains

TLDR 

• BNB’s price surged 60% on the “BEP 336 upgrade” announcement then met an 11% decline.
• Fetch.ai (FET) surged over 200% in March, fueled by interest in AI tokens. It is slightly down now but expected to rally.
• Milei Moneda ($MEDA) emerges as a top choice, with analysts predicting 10x gains post-launch.

As the cryptocurrency market navigates through varying tides, two major altcoins, Binance Coin (BNB) and Fetch.ai (FET), find themselves grappling with price declines after recent highs. Amidst these fluctuations, a new DeFi meme coin – Milei Moneda ($MEDA), emerges as a beacon of optimism for traders and investors. Let’s explore the factors behind this trend! 

Economize Like Milei: Invest in $MEDA!

BNB Price Soars on BEP 336 Upgrade Announcement: Can Bulls Reclaim ATH?

In March, Binance Smart Chain (BSC), also known as the BNB Chain, announced its upcoming “BEP 336 upgrade,” drawing parallels to Ethereum’s Dencun upgrade (EIP 4844). The unveiling of this upgrade propelled BNB’s price to a 60% increase, reaching its previous all-time high (ATH) achieved back in May 2021.

However, while the upgrade continues to signal green, BNB’s bulls have lost footing on the altcoin’s previous ATH price level, resulting in an 11% price decline. Despite this setback, market analysts remain optimistic about BNB’s potential for a price recovery. Many predict a forthcoming price rally in the coming weeks, highlighting the continued interest and potential within Binance Coin’s ecosystem.

Fetch.ai (FET) Pulls Back After Record Highs: Will the AI Rally Continue?

In March, Fetch.ai’s native cryptocurrency, FET, soared to new heights, recording more than a 200% increase in price. This impressive surge was fueled by a substantial interest surge in AI tokens, solidifying FET’s place among the top 50 cryptocurrencies by crypto market cap. 

In addition, the altcoin’s trading volume surged to $1 billion, signifying maximum interactions. However, after its notable price surge, Fetch.ai (FET) experienced a slight decline in late March, dropping by 33%. Nevertheless, optimism remains as the AI market continues to gain traction. Market analysts predict an incoming rally for Fetch.ai’s altcoin price. 

Meme Coin Milei Moneda ($MEDA) Emerges as Bullish Alternative

While top altcoins BNB and Fetch.ai (FET) deal with market downtrends, Milei Moneda ($MEDA) is emerging as a top choice for traders, offering solace to crypto investors. Analysts are strongly recommending $MEDA as one of the top altcoins to watch, especially with its upcoming launch on Uniswap. 

$MEDA operates as a deflationary meme coin centered around the outspoken Argentinian president, Javier Milei, who is a strong advocate for global cryptocurrency adoption. His influence has already shaped crypto trading in Argentina, and Milei Moneda aims to expand this influence globally.

Currently selling at $0.0125 in its presale Stage 2, investors are eagerly bagging $MEDA as it approaches its launch date on May 21. The DeFi coin price is set to launch at $0.020, translating to a 100% gain for early presale investors. 

To further sweeten the deal, analysts are predicting a 10x price increase for $MEDA in a few weeks after it officially launches. This optimistic projection is drawn from Milei Moneda’s innovative features and growing recognition amongst crypto enthusiasts and investors. 

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