The post Solana and Chainlink Holders Secure Early Positions on $MEDA Presale in Hopes of Market Flipping Bullish appeared first on Coinpedia Fintech News
TLDR
Solana (SOL) slumps due to conflict between Iran and Israel. Chainlink (LINK) dips as market conditions worsen. Milei Moneda’s ($MEDA) presale promises certain profits in an uncertain market.Solana (SOL) has tumbled by 25% in the past week despite rolling out new upgrades. Chainlink (LINK) is also down 32% despite releasing a new cross-chain solution. Meanwhile, Milei Moneda’s presale is getting all the attention as investors look to recoup their losses.
Why are SOL and LINK falling despite positive developments? And why do their investors see $MEDA as the best crypto to buy? Let’s find out.
Economize Like Milei: Invest in $MEDA!
Solana Moves To Rectify Network Decongestion
Solana has gained 446% in the past year. This surge is due to the explosion of Solana meme coins like BONK and WIF. This meme coin surge has increased the adoption of the Solana network.
However, it has also led to severe network congestion issues and a high percentage of failed transactions. Developers have moved to fix the congestion issues. They released an upgrade to the validator client software. This new version has already been released on the devnet for testing.
Despite this move to fix the network’s issues, SOL has still lost 25.4% in the past seven days, falling to around the $132 level. SOL’s slump is due to the investors switching to safer investments as conflict broke out between Israel and Iran.
Analysts predict that SOL could remain around $141.35 if tensions between the two Middle Eastern powers remain high.
Chainlink Rolls Out New Cross-Chain App
Chainlink has gained a relatively modest 63% in the past year. Most of this pump came in the run into the approval of the spot Bitcoin ETFs earlier this year.
However, LINK has lost some of that momentum due to a market-wide price correction. This slump has been worsened by investors pulling their money out of the crypto market as tensions rise in the Middle East.
Chainlink recently unveiled the Transporter app, which is powered by the Chainlink Cross Chain Interoperability protocol (CCIP). The app is described as the next stage in cross-chain interoperability.
However, the political tensions in the Middle East have ensured that LINK still lost 32.18% in the past 30 days.
With LINK currently trading at $13.15, analysts predict that the token might hover around $13.15 due to the ongoing geopolitical crisis.
Milei Moneda Comes to Investors’ Rescue
Milei Moneda has appeared as an oasis in the desert of the continuous losses and sell-offs dominating the market. This is because Milei Moneda’s presale guarantees investors profits even as other cryptocurrencies post losses.
$MEDA’s presale is currently in Stage 2, and the token is sold for $0.0125. Stage 1 investors have already locked in a 25% profit. They will gain 100% in total when $MEDA becomes $0.020 at launch. Stage 2 investors will also earn 60% at launch.
More profit opportunities abound even after the presale. $MEDA has a fixed supply of 500 million. Five percent of the supply will be burned, creating scarcity and increasing prices.
Milei Moneda investors also become a part of the community on X, Discord, and Reddit. They also gain voting rights, access to the coolest NFT collections, NFT staking rewards, and discounts. Additionally, they will be rewarded for quality proposals.
Milei Moneda ensures investors’ funds remain intact through smart contract audits, zero team allocation, and locked liquidity.
Summary
Adverse market conditions roll back Solana’s gains. However, Solana (SOL) is getting stronger as it fixes congestion issues. LINK dips as investors abandon their crypto investments. However, Chainlink improves on CCIP with a new app. Milei Moneda offers a refuge from the stormy market conditions as inventors are certain of profits in its presale.
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