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Shiba Inu takes over the top gainers list as whales accumulate SHIB holdings.
PEPE slips up, trading at 6% weekly losses.
Milei Moneda is set to drive $MEDA price growth through scarcity.
Bitcoin's halving has been tagged the 'alt season' by most analysts, and it's a testament to how everyone expects the crypto giant to influence an altcoin rally. In the meme market, we have seen massive reshuffling among the top altcoins, as each of Dogecoin, Floki Inu, and PEPE have been top gainers in the past six weeks.
Now, Shiba Inu (SHIB) is taking the lead in the weekly gains. SHIB has been working its way to the top crypto coins, ranking just behind Dogecoin in terms of its performance. Shiba Inu has more tricks up its sleeve, as SHIB whales have been actively moving their tokens. About 14 trillion SHIB has crossed centralized exchanges as the top investors consolidate their holdings in preparation for the impending Bitcoin pump.
Shiba Inu's recent spike coincides with PEPE's dropoff in the past seven days. PEPE attracted investors with an impressive run early in March, but the interest is waning already. PEPE has suffered a 6% weekly dip, and Shiba Inu is one of the altcoins to watch in the run-up to the bull run.
There's more meme coin news, too, as Milei Moneda ($MEDA) has broken into the scene with quite the protocol. The $MEDA token is intent on becoming one of the best altcoins, and it's currently offering investors a chance to join.
The meme coin market has been the center of much debate lately, as investors are torn between old blood–Dogecoin and Shiba Inu–and new blood, namely PEPE and the Solana meme coins. While it seemed like PEPE would lead even the top DeFi coins going into the altcoin rally, Shiba Inu has gotten a boost in the race.
That boost comes from the recent investor movement on the Shiba Inu network. SHIB holders held firm during the last two weeks, helping the token navigate a rough bearish wave and remain above its support level. Now that the downtrend is over, Shiba Inu is surging past its meme coin counterparts as the altcoin price inches closer to its two-year high.
On the other side of Shiba Inu's pump is PEPE's slump, as PEPE surprised many traders with a 6% loss. It opened the week on the front foot, leading the profits in the meme market, but the loss of investor interest and the fame around the Solana meme coins has left PEPE behind.
Since it has no real-life use, PEPE might take the backseat during the 'alt season' as Shiba Inu and other meme coins lead the gainers. Milei Moneda is also joining the meme tokens at the top of the charts; the new entrant means business, and we have more on its philosophies here.
The meme coin sector constantly lags behind the best DeFi coins when it comes to longevity and features, but no one beats memes when they are in the mood for a bull run. Milei Moneda is the answer for traders who always wanted to have their profits where their DeFi tools are at. $MEDA gives you a platform for profits in the short-term and long-term, however you like it.
For those going long, you have the deflationary policies on Milei Moneda to ensure constant profits for you. $MEDA tokenomics have about 5% of the token supply locked in for burn sessions, introducing scarcity to keep $MEDA's price in the green. Milei Moneda will soon launch its smart contracts, opening a chapter for DeFi projects and applications on the $MEDA ecosystem.
For those going short, the presale is your fastest way in. Your deposits set you up for 100% profits by May, but that's if you buy your $MEDA tokens now. There are freebies for those who hold their tokens too, as you get trending NFTs and a slot in the Milei Moneda community.
So, Shiba Inu and Milei Moneda are your best bets for the best altcoins to buy this year. Milei Moneda is here for every crypto investor, regardless of how you like your profits. You can buy your tokens at $0.010 today and settle for an impressive mid-year 100% ROI, as $MEDA is set to launch at $0.020 in May.
