Ethereum

Solana

Algorand

<h2 class="wp-block-heading" id="tldr">TLDR</h2>
<ul>
 <li>Ethereum (ETH) <strong>dipped by 16%</strong> over the past month.</li>
 <li>Solana (SOL) posted <strong>16% gains </strong>on the weekly chart.</li>
 <li>Algorand (ALGO) is one of the top-performing tokens this week, <strong>appreciating 30%</strong>.</li>
 <li><strong>Milei Moneda ($MEDA)</strong> maintains its position as the <strong>best cryptocurrency to invest in</strong>.</li>
</ul>
<p>Ethereum (ETH) is the second largest cryptocurrency by market cap, but it has seen a negative price action, with the spot ether ETF likely to fail. So, it isn’t surprising that investors are showing a preference for <strong>Solana (SOL)</strong>, <strong>Algorand (ALGO)</strong>, and <strong>Milei Moneda</strong> <strong>($MEDA)</strong>, which is set to offer the best returns possible. Read on to learn more!</p>
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<h2 class="wp-block-heading" id="eth-investors-move-funds-away-as-spot-ether-etf-approval-likely-to-fail">ETH Investors Move Funds Away as Spot Ether ETF Approval Likely to Fail</h2>
<p>Ethereum is currently experiencing a downward trajectory, <strong>losing 16%</strong> of its value in a month. Though ETH has recovered on the weekly chart with an <strong>8% increase</strong>, investors expect more from the coin due to its reputation as the <strong>top crypto to buy</strong>.</p>
<p>This setback in Ethereum price can be linked to the US SEC’s potential <strong>approval of the spot Ether SEC</strong>. Following a few meetings with the securities regulator, issuers of spot Ether ETF and other firms now expect their applications to be denied.</p>
<p>Those familiar with the situation believe that the SEC isn’t interested in the spot Ether ETF or its potential. This has led to a setback for ETH as participants believe spot ETFs would pave the way for the <strong>increased adoption</strong> of the crypto.</p>
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<h2 class="wp-block-heading" id="solana-poised-to-experience-price-surge-say-market-experts">Solana Poised to Experience Price Surge, Say Market Experts</h2>
<p>The general downturn of the crypto market affected Solana’s price on the monthly chart, causing it to <strong>lose 27%</strong> of its value. However, Solana has proved to be <strong>one of the best cryptos to invest in, </strong>posting 16% gains over the past week.</p>
<p>Over the past 30 days, SOL has also seen <strong>16/30 green days</strong> with a price volatility of 12%. Furthermore, SOL’s price currently stands in a positive position, with indicators signaling ongoing growth.&nbsp;</p>
<p>Therefore, crypto analysts and investors have taken a bullish stance on Solana’s current market position, expecting SOL to bounce back strongly, make more gains, and witness a <strong>considerable price surge</strong> in the coming months.</p>
<h2 class="wp-block-heading" id="algorand-emerges-as-one-of-the-top-gainers-for-the-week">Algorand Emerges as One of the Top Gainers for the Week</h2>
<p>Algorand is one of the top-performing tokens this week. According to <a href="https://coinmarketcap.com/currencies/algorand/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap data</a>, ALGO’s price <strong>has appreciated 30%</strong> over the past seven days, outshining the weekly performance of <strong>top crypto coins</strong> like Bitcoin and Ethereum.</p>
<p>This year, Algorand followed a price trajectory similar to many other projects. A rally in<strong> late February </strong>and <strong>early March</strong> saw Algorand hit $0.329 before experiencing a <strong>sharp correction</strong>.</p>
<p>This price action has led more investors to turn their attention to Algorand to <strong>recover </strong>some of their losses. Meanwhile, experts are optimistic about its future price trajectory due to its <strong>recent price action</strong>.</p>
<h2 class="wp-block-heading" id="milei-moneda-remains-the-best-choice-for-investors">Milei Moneda Remains the Best Choice For Investors</h2>
<p><strong>Milei Moneda </strong>has captured the spotlight in the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin market, having successfully completed the first presale stage and is now well into its second stage having sold more than 65 million tokens. As a deflationary token,<strong> </strong><a href="https://mileimoneda.io?&amp;utm_source=marketing&amp;utm_campaign=cap&amp;utm_id=1006" target="_blank" rel="noopener noreferrer nofollow"><strong>Milei Moneda</strong></a> promises scalability and security while offering significant potential for gains.</p>
<p><strong>Milei Moneda</strong> boasts a vibrant community of loyal members who share common goals, and as such, it is regarded as one of the <strong>best crypto for beginners.</strong></p>
<p>Being among the <strong>best meme coins to invest in</strong>,<strong> Milei Moneda </strong>allows its holders to enjoy many benefits. For instance, they can earn NFT stakes as rewards and also gain access to certain discounts. Considering the benefits <strong>$MEDA</strong> offers investors, this token is set to experience buying pressure.</p>
<p>Furthermore, <strong>Milei Moneda</strong> ensures fairness in its distribution model by allocating 15% of its resources to <strong>liquidity</strong>, 5% to burns, 60% to the public, 15% to marketing &amp; rewards, and 5% to <strong>airdrop</strong>.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/investors-have-shown-preference-for-these-3-coins-amid-disappointing-price-action-on-ethereum/" rel="noopener noreferrer nofollow">Investors Have Shown Preference For These 3 Coins Amid Disappointing Price Action On Ethereum</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Investors Have Shown Preference For These 3 Coins Amid Disappointing Price Action On Ethereum

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