Shiba Inu and Arweave Slips Into Negative Territory as Investors Rally Behind Milei Moneda To Rebuild Profits

The post Shiba Inu and Arweave Slips Into Negative Territory as Investors Rally Behind Milei Moneda To Rebuild Profits appeared first on Coinpedia Fintech News

TLDR

• Shiba Inu’s (SHIB) price struggles after a recent surge.
• Arweave (AR) price declines after impressive growth.
• Milei Moneda ($MEDA) offers 100% ROI potential in its ongoing presale.

With the bearish market surrounding Shiba Inu (SHIB) and Arweave (AR), investors seem to be rallying behind Milei Moneda ($MEDA) for its massive potential. Many are hoping Milei Moneda ($MEDA) can help rebuild their profits as it is still available at a low presale price and is expected to surge in demand and value. But how is Milei Moneda attracting investors amid declines in these top crypto coins? Let’s find out.

Economize Like Milei: Invest in $MEDA!

Market Sentiment Turns Bearish on Shiba Inu

Despite witnessing a remarkable 150% pump in value over the past month, Shiba Inu (SHIB) has now entered a consolidation phase where it has struggled to generate significant surges after reaching a new yearly high.

Shiba Inu (SHIB) failed to capitalize on the recent market surge and experienced a decline of 22% in value over the past week. This decrease in price can be attributed to large Shiba Inu (SHIB) holders taking profits.

With its Relative Strength Index (RSI) indicating an overbought condition, Shiba Inu (SHIB) is expected to continue its price correction. Experts predict that the price of Shiba Inu (SHIB) will decline by another 10% in the coming days.

Arweave Faces Setback Amidst Market Turbulence

Arweave (AR) saw significant growth earlier this year, with its value increasing 385% over the past 30 days. This followed an injection of $30 million into the Arweave (AR) platform by Community Labs, which pushed the price of Arweave (AR) to a new yearly high.

However, Arweave (AR) has since declined, dropping over 18% in the past week as Bitcoin declined, leading to an overall market pullback. This also resulted in a 15.13% decrease in Arweave’s (AR) crypto market cap and a 46.88% drop in its trading volume.

Furthermore, many crypto analysts believe that if market volatility persists, Arweave (AR) is expected to decline further in value. According to their projections, the price of Arweave (AR) will fall by approximately 13% in the coming days due to ongoing market instability.

Investors Flock to Milei Moneda for Significant Gains 

While Shiba Inu (SHIB) and Arweave (AR) are recently facing a downtrend, the emergence of Milei Moneda ($MEDA) has sparked a wave of investor enthusiasm. Milei Moneda ($MEDA) stands apart from other altcoins, offering a unique set of features that attract investors seeking to regain their financial footing.

Milei Moneda ($MEDA) not only grants its holders access to a captivating collection of the coolest NFTs but also rewards them for staking their tokens. By owning Milei Moneda ($MEDA), investors gain both governance rights and membership privileges within the ecosystem, allowing them to actively participate in shaping the project’s future.

Presently, Milei Moneda ($MEDA) is available at an altcoin price of $0.010 during its presale Stage 1. As the token progresses through subsequent stages, experts predict a surge in demand for Milei Moneda ($MEDA), leading to 100% ROI before its official launch. 

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