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Experts predict SOL could hit $501.78 by December 2024, ETH may surge to $7,280.98 soon, and Milei Moneda’s (MEDA) presale attracts significant investor interest.
As market sentiment turns increasingly positive, both Solana (SOL) and Ethereum (ETH) are displaying bullish technical signals that have investors feeling optimistic about their long-term potential.
Meanwhile, the ongoing presale of Milei Moneda (MEDA) continues to draw strong interest from the crypto community, underlining traders’ appetite for promising investment opportunities. Let’s explore why these top altcoins are worth considering.
Solana shows signs of recovery from the recent dip
Solana outperformed many top altcoins with a surge of over 100% on a year-to-date chart, breaking past the $200 resistance. Although the price of SOL has declined by 19% over the past month following a slowdown in the Solana network and a drop in daily volume, its long-term outlook remains bullish.
With the network issue now resolved, SOL is showing some upticks, and investors are optimistic that the token will return to its bullish momentum. This current uptrend can be attributed to the increasingly positive market sentiments post-halving of Bitcoin and the recent spike in interest in Solana memecoins.
According to experts, SOL’s future price will depend on the market sentiment post-halving of Bitcoin. They also believe memecoins may act as a strong catalyst for Solana’s future trajectory. Consequently, the price of Solana is expected to reach $501.78 by December 2024.
Ethereum regains momentum despite market consolidation
Ethereum’s price has surged over 41% since the year started, making substantial gains. While it dropped significantly over the past month, its price has shown an upward trajectory on the weekly chart with a nearly 6.9% pump, boosting optimism among Ethereum investors in the long run.
This optimism also stems from the potential approval of Ethereum exchange-traded funds (ETFs) by the U.S. SEC on May 23. Additionally, recent approvals of Ethereum ETFs by Hong Kong’s Securities and Futures Commission, as well as futures contracts listed and regulated by the Chicago Mercantile Exchange (CME), have fueled ETH’s bullish momentum.
Given these developments, many crypto analysts foresee further appreciation in the value of ETH. They predict the price of ETH could reach $7,280.98 in 2024 as Ethereum’s adoption grows.
Milei Moneda’s presale continues to spark investor frenzy
As the crypto market experiences a resurgence of bullish sentiment, top altcoins like Solana and Ethereum are once again capturing investors’ attention. Alongside these established players, the Milei Moneda presale continues to draw significant interest, showcasing its appeal in a market hungry for innovative projects.
Milei Moneda has garnered significant attention by excitingly blending humor, politics, and blockchain technology. Moreover, the project offers a vesting schedule that gradually releases tokens over four weeks, instilling confidence and stability for investors. Additionally, MEDA investors enjoy discounts, governance benefits, NFT staking rewards, and access to the most popular NFTs within the ecosystem.
With each MEDA token being priced at $0.0125 each during presale Stage 2, Milei Moneda continues to captivate investors as a lucrative investment opportunity. What’s more, the imminent launch of MEDA tokens on Uniswap at $0.020 by May 21 presents an enticing prospect as a 60% ROI is guaranteed for early participants.
Conclusion
With major cryptocurrencies like Solana and Ethereum displaying bullish momentum again, investor confidence in the crypto market appears to rise. The sustained popularity of the Milei Moneda presale highlights how new projects are also benefiting from this improving sentiment, as people look to get in early on potential opportunities that could see large returns.
To learn more, visit the Milei Moneda website or reach out on Telegram.
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