Cardano

Uniswap

DeFi

Toncoin

Read

<div class="coinjournal">
 <ul>
  <li>Investors flock to&nbsp;Milei Moneda ($MEDA)&nbsp;for recovery, anticipating&nbsp;high returns.&nbsp;</li>
  <li>SUI’s TVL&nbsp;surpasses&nbsp;that of Cardano (ADA) and Near Protocol (NEAR).&nbsp;</li>
  <li>Toncoin (TON) experienced a&nbsp;17% decline&nbsp;from its recent peak.&nbsp;</li>
 </ul>
 <p>Like many other altcoins, SUI and Toncoin (TON) have experienced retracements in the face of April’s <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> fluctuations. These retracements served as a reminder of the inherent volatility within the cryptocurrency space, prompting <a rel="noopener noreferrer nofollow" title="investors" href="https://thebittimes.com/tag/investors.html">investors</a> to reassess their strategies and seek out opportunities that offer stability and potential for growth.&nbsp;</p>
 <p>However, one project has managed to capture the <a rel="noopener noreferrer nofollow" title="attention" href="https://thebittimes.com/tag/attention.html">attention</a> and optimism of a growing number of <a rel="noopener noreferrer nofollow" title="investors" href="https://thebittimes.com/tag/investors.html">investors</a>:&nbsp;Milei Moneda ($MEDA).&nbsp;Backed by an excellent roadmap, this meme coin has exhibited all the hallmarks of a breakout crypto. Read on to understand the&nbsp;$MEDA&nbsp;hype.</p>
 <h2 id="sui-soars-but-bears-lurk">SUI soars, but bears lurk&nbsp;</h2>
 <p>The Layer 1 blockchain, SUI, witnessed a significant increase in inflows last month, leading to unprecedented TVL levels, surpassing top players like Cardano (ADA) and Near Protocol (NEAR). Meanwhile, its native token, SUI, soared to its ATH with an impressive 80% price pump.</p>
 <p>In contrast to other Layer 1 blockchains, SUI achieved this success by&nbsp;maintaining decreased gas prices&nbsp;despite a surge in network transactions. It prioritizes security, with 106 validators operating 413 nodes to secure the SUI blockchain.</p>
 <p>However, SUI has recently succumbed to the bearish pressure in the crypto market, retracing&nbsp;25%&nbsp;from its recent high. Crypto analysts predict an additional&nbsp;20% decline&nbsp;in SUI’s price to complete its much-needed price correction.</p>
 <h2 id="toncoin-retraces-despite-telegram-s-inducement">Toncoin retraces despite Telegram’s inducement&nbsp;</h2>
 <p>Since receiving endorsement by Telegram, Toncoin’s (TON) price movements have been&nbsp;closely tied&nbsp;to developments within the popular platform. A series of initiatives within the company have consistently boosted Toncoin’s (TON) value.</p>
 <p>This year, Toncoin (TON) asserted itself as one of the&nbsp;top crypto coins, boasting a current&nbsp;crypto market cap&nbsp;of $17.77 billion. This surge in value was particularly pronounced following Telegram’s&nbsp;announcement of its consideration for an IPO on March 11.</p>
 <p>However, similar to SUI, Toncoin (TON) has struggled to navigate <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> volatility this month, experiencing a 17% decline from its recent peak. Crypto analysts speculate that TON’s price may fall lower in the coming days.&nbsp;</p>
 <h2 id="milei-moneda-the-next-frontier-in-defi-innovation">Milei Moneda: the next frontier in DeFi innovation&nbsp;</h2>
 <p>Amidst the downturn in the broader crypto market, many investors are increasingly turning towards&nbsp;Milei Moneda ($MEDA)&nbsp;with hopes of recovering previous losses. Their confidence in&nbsp;Milei Moneda ($MEDA)&nbsp;comes from its demonstrated defiance and ability to execute its roadmap effectively, hitting significant milestones.&nbsp;</p>
 <p>With optimism for a bullish reversal in overall market trends, investors’ appetite for&nbsp;Milei Moneda’s ($MEDA)&nbsp;presale is increasing. With less than two months to its official Uniswap Launch, they eye fast, high ROIs, aiming for the target price of $0.020, which is set to&nbsp;double portfolios&nbsp;from the initial $0.010 entry in the ongoing Stage 1.</p>
 <p>Moreover,&nbsp;Milei Moneda ($MEDA)&nbsp;epitomizes true decentralization with its community governance feature, granting <a rel="noopener noreferrer nofollow" title="investors" href="https://thebittimes.com/tag/investors.html">investors</a> complete control over their funds. Its rigorous smart contract audits and locked&nbsp;liquidity&nbsp;aim to revolutionize security in the meme coin space. These enticing offerings have convinced many analysts that&nbsp;Milei Moneda ($MEDA)&nbsp;might be one of the&nbsp;best DeFi projects&nbsp;of 2024. &nbsp;</p>
 <p>For more information about $MEDA,&nbsp;visit the official Milei Moneda or chat on&nbsp;Telegram.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/sui-and-toncoin-retrace-investors-turn-attention-to-milei-moneda-in-hopes-of-market-rebound-tbt84842.html">https://thebittimes.com/sui-and-toncoin-retrace-investors-turn-attention-to-milei-moneda-in-hopes-of-market-rebound-tbt84842.html</a></p>

SUI and Toncoin retrace, investors turn attention to Milei Moneda in hopes of market rebound

Table of Contents

TheBitTimes

Other articles published on Apr 8, 2024

Cointelegraph’s BlockShow Founder Launches Forked, Backed by Five Asian Powerhouses

BitBoy Crypto declares Cardano dead; ADA founder responds with class

This Is the Crypto Top 1% Investors Are Betting on in 2024, Not Solana (SOL) or Ethereum (ETH)

Ripple CEO Forecasts Crypto Market Capitalization Growth to $5T By Year End

Popular DeFi Altcoin Introduced Mastercard Supported Cryptocurrency Card! Price Reacts!

Bitcoin Weekly Inflow Drops To $663M Amid Cooling ETF Fund Flow

Join our free newsletter for daily crypto updates!