TLDR
- A misunderstood announcement has driven a price pump on Hedera (HBAR).
- Milei Moneda’s ($MEDA) continued profitability attracts investors, making it the best ICO.
Hedera’s (HBAR) recent ambiguous announcement sets off a massive price increase. Meanwhile, investors are banking on Milei Moneda ($MEDA) for immediate and future gains. How did the whole market misunderstand a routine announcement, and how much profit can investors earn from investing in Milei Moneda? Let’s find out!
Economize Like Milei: Invest in $MEDA!
HBAR Benefits As Traders Misunderstand Blackrock Announcement
On April 23, 2024, chaos was triggered after an announcement by the HBAR Foundation on X. The foundation reported that blockchain trading and infrastructure firms Archax and Ownera tokenized BlackRock’s ICS US Treasury Fund on its platform.
The video accompanying the announcement appeared to indicate that Ownera, Archax, and BlackRock were working together on the project. At the same time, HBAR claimed to be “bringing the world’s largest asset manager on-chain.”
Crypto influencers thought the announcement meant that BlackRock had moved its $22.3 billion fund to Hedera or had partnered with the HBAR Foundation, Archax, and Ownera. Due to this interpretation, HBAR gained 106% within 24 hours.
However, Chris O’Connor, founder of the Cardano Ghost Fund DAO, explained that BlackRock was not involved in the development. Moreover, he stated that Hedera and the other firms tokenized BlackRock ICS US Treasury MMF shares through the secondary market.
The HBAR Foundation also eventually clarified the development in another X post. The post said that Archax partnered with Ownera to tokenize its shares of the BlackRock MMF on Hedera.
However, more institutions are tokenizing RWAs on the Hedera blockchain. Thus, analysts say that if this trend continues, HBAR could soar to $0.547 within the next few months. This optimism makes Hedera one of the altcoins to pay attention to in the coming months.
Milei Moneda’s Profit Expectation Remains As Interest Increases
Milei Moneda is a new meme coin project that combines politics, humor, and blockchain technology. Interestingly, the project’s political ideals are inspired by Javier Milei, an eccentric anarcho-capitalist and the president of Argentina.
Milei Moneda believes in Milei’s ultra-free market policies and his support for cryptocurrency. This affinity for radical political and economic ideas makes the project a haven for “rebels”.
The project is currently running its presale, which has been the most attractive Milei Moneda component. Additionally, investors have flocked to the presale because of the massive profits they can make, leading to a FOMO frenzy. So far, investors have bought over 65 million $MEDA tokens.
$MEDA’s presale is currently in Stage 2, and the token’s price is $0.125. Stage 1 investors have already made a 25% profit, and they will gain 100% profit when $MEDA reaches $0.020 at its Uniswap launch, scheduled for May 21, 2024. Meanwhile, Stage 2 investors will earn 60% off their initial investments.
Additionally, five percent of $MEDA’s 500 million supply will be burned post-launch to create price stability, which could help the token gain more ground during the upcoming bull run. Furthermore, all investors can become a part of the Milei Moneda community on X, Discord, and Reddit, and community activities include giveaways, virtual events, and Q&A sessions.
Other benefits for $MEDA holders are exclusive access to the coolest NFT collections, voting rights, NFT staking rewards, and discounts. Moreover, holders who present quality proposals will also receive rewards.
Furthermore, Milei Moneda is secured through smart contract audits, locked liquidity, and zero team allocations, which prevents exploits and rug pulls. All these benefits, a booming presale, and future profits make $MEDA the best new crypto to invest in.Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!