Milei Moneda Could Offer Significant Upside Potential Amid Weak Price Action on Stacks and OKB – CoinJournal

• Some analysts believe $MEDA could be one of the best cryptocurrencies to invest in.
• Stacks sees green statistics on monthly charts.
• The OKB price failed to rise even after burning 11.48 million OKB tokens.

Stacks is surging, while OKB has been on a downward trend. However, investors are excited after discovering a new coin, Milei Moneda, and its future growth potential. In fact, many analysts are predicting it could be among the top crypto coins for both investors and beginners right now.

Economize Like Milei: Invest in $MEDA

Some analysts say Milei Moneda could offer investors chance for 10x ROI

Milei Moneda is a promising meme coin garnering attention within the crypto world. At the core of this meme-based project is a deflationary token, $MEDA, which enables investors to gain true membership and enjoy the benefits that come with it.

The $MEDA token gives hodlers the opportunity to participate in governance activities and major decisions that affect the platform as a whole.

Milei Moneda ($MEDA) is well-received in the crypto community, making it one of the best cryptos for beginners. Milei Moneda is enticing many investors with the opportunity to make significant gains.

Milei Moneda not only has the potential of a meme coin but also rewards investors with exclusive NFTs and access to discounts. The total supply of the $MEDA token is placed in a liquidity pool to preserve its long-term value.

Now, in Stage 1 of its presale, the price of $MEDA goes for $0.010. According to analysts, $MEDA will be priced at $0.0125 in Stage 2 and 0.015 in Stage 3. $MEDA will launch at $0.020, making a good proposition for meme coin investors.

Economize Like Milei: Invest in $MEDA

Stacks (STX) price analysis & prediction: Will STX see gains soon?

Stack’s (STX) price surged recently at the start of 2024 but has hit a crossroads, with resistance forming above the $3.20 mark. After seeing a strong rejection at $3.10, the movement of the Stacks (STX) price has assumed a lateral trajectory, sticking to the $2.40 level with investors grappling with a possible downturn.

After Stacks (STX) traded sideways for some time, the bulls lost momentum, breaking down STX’s support level. After it tested a $2.47 low, the Stacks (STX) price soon regained momentum and stood above $3.50. Stacks is currently trending upwards.

The MACD technical indicator analysis reveals a rising green histogram pattern, indicating a rise in buying pressure throughout the crypto world. However, the averages reveal a huge rise in the chart, indicating the Stacks (STX) price would keep gaining value.

If the bulls keep gaining momentum, STX price will get set to test the upper resistance of $4. Also, a bearish trend could cause Stacks (STX) price to pull towards a low $2.47.

OKB price muted despite 11.48 million token burn

On March 16, a popular crypto exchange, OKX, conducted an OKB repurchase and burning. During the process, about 11.48 million OKB ($744 million) was burned.

This 23rd exercise surpassed the previous one – $630 million back in December 2023. Crypto users see these token burns as a bullish exercise, with the induced scarcity triggering an increase in price over time.

However, despite this bullish sentiment linked to token burns, OKB’s price failed to react positively to become one of the best cryptos to invest in.

This OKB price trend isn’t surprising considering its past development following previous token burns. It has been a consistent pattern, with OKB hardly seeing positive returns. Rather, it either trades sideways or dips for a few weeks before seeing any rally.

According to CoinMarketCap data, OKB’s price dropped around 10% in value in the past week. Experts still believe that OKB is a top crypto to buy, and they expect its price to rise by 2025, attaining a minimum value of $57.13 and reaching as high as $91.47.

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