- BASE surged due to increased demand.
- FLOKI is experiencing remarkable growth and is poised for further appreciation.
- Milei Moneda ($MEDA) is attracting investor attention with its unique features and growth.
As Coinbase’s BASE reaches an incredible $2 billion TVL milestone, the popularity of the meme market is surging, presenting an exciting opportunity for investors. Meme coins like FLOKI and Milei Moneda ($MEDA), with their unique branding and innovative approach, stand out as promising investments among the numerous stock meme coins.
Let’s take a look at the potential of these meme-inspired tokens and why some analysts believe they are the best altcoins to buy right now.
Coinbase’s BASE hits $2 billion TVL milestone.
BASE, Coinbase’s decentralized layer 2 blockchain initiative that aims to reduce Ethereum transaction fees, is seeing a surge in demand due to increased network activity and is challenging giants like Solana. As a result, BASE recorded weekly growth of 19.62%. As a result, TVL has risen sharply, reaching the $2 billion milestone this week.
BASE’s success is largely due to its parent company, Coinbase, which is currently the largest publicly traded cryptocurrency exchange in the U.S. and controls 90% of U.S. spot Bitcoin ETFs. Another important factor driving the surge in BASE activity was the activation of the Dencun upgrade, which aims to lower transaction fees for numerous layer 2 networks built on the Ethereum blockchain.
Although BASE currently lacks a native token, anticipation of new protocols launching on BASE and the potential for ecosystem airdrops presents promising opportunities for users and investors alike.
FLOKI navigates market volatility with exceptional resilience.
FLOKI price has seen an impressive price increase of 1,032% this year riding the current meme coin mania, with the March 11th high being 8% below its November 2021 ATH. This is the highest in two years.
However, FLOKI has performed the necessary price retest and is currently trading 30% below its March high. Nonetheless, it remains at a strong support level, rejecting lower prices, and appears poised for another significant gain that could push it past 2021 highs.
FLOKI’s positive momentum is further supported by an 8% increase in trading volume over the past two days. Additionally, the FLOKI platform’s aggressive token burning strategy has resulted in the removal of $404,800 worth of FLOKI tokens in the past week alone, demonstrating its intention to reduce supply and potentially increase its value.
Is Now the Time to Invest in Miley Moneda?
As the meme market experiences an unprecedented surge, many investors believe that now could be the right moment to dive into the world of Milei Moneda ($MEDA). This innovative meme coin successfully combines politics, humor, and blockchain technology to bring a fresh and unique proposition to the market.
Milei Moneda has captured the attention of investors due to its unique features, including a deflationary token structure, absence of taxes or team tokens, impressive NFT collection, attractive NFT staking rewards, and voting rights. Due to these amazing characteristics, some analysts believe that $MEDA could become one of the best cryptocurrencies to buy in 2024.
The enthusiasm surrounding the Milei Moneda (MEDA) public pre-sale continues to grow, especially considering the project’s target launch price of $0.020 on the popular Uniswap platform on May 21st. This launch price is a whopping 100% increase over the Phase 1 price of the Milei Moneda. $0.010.
For more information about the Milei Moneda project, visit the official webpage or chat with us on Telegram.