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Experts predict that SOL could reach $501.78 by December 2024, eth could rise to $7,280.98 soon and the pre-sale of Milei Coin (MEDA) attracts significant investor interest.
As market sentiment becomes increasingly positive, both Solana (SOL) and ethereum (eth) are showing bullish technical signals that have investors feeling optimistic about their long-term potential.
Meanwhile, the ongoing pre-sale of Mile Currency (MEDA) continues to attract significant interest from the crypto community, underscoring traders' appetite for promising investment opportunities. Let's explore why these top altcoins are worth considering.
Solana shows signs of recovery after recent fall
Solana outperformed many major altcoins with an increase of over 100% on a year-to-date chart, breaking through the $200 resistance. Although SOL price has declined by 19% over the past month following a slowdown in the network Solana and a drop in daily volume, its long-term outlook remains bullish.
With the network issue resolved, SOL is showing some rallies and investors are optimistic that the token will return to its bullish momentum. This current bullish trend can be attributed to the increasingly positive market sentiments following the bitcoin halving and the recent surge in interest in Solana memecoins.
According to experts, the future price of SOL will depend on the market sentiment after the bitcoin halving. They also believe that memecoins can act as a strong catalyst for Solana's future trajectory. Consequently, the Solana price is expected to reach $501.78 in December 2024.
ethereum regains momentum despite market consolidation
ethereum price has risen more than 41% since the start of the year, making substantial gains. While it fell significantly over the last month, its price has shown an upward trajectory on the weekly chart with an increase of almost 6.9%, increasing optimism among long-term ethereum investors.
This optimism is also due to the possible approval of ethereum exchange-traded funds (ETFs) by the US SEC on May 23. Furthermore, recent approvals of ethereum ETFs by the Hong Kong Securities and Futures Commission, as well as futures contracts listed and regulated by the Chicago Mercantile Exchange (CME) have fueled eth's bullish momentum.
Taking these developments into account, many crypto analysts predict further appreciation in the value of eth. They predict that the price of eth could reach $7,280.98 in 2024 as ethereum adoption grows.
The pre-sale of Milei Moneda continues to cause a frenzy among investors
As the cryptocurrency market experiences a resurgence of bullish sentiment, major altcoins like Solana and ethereum are once again capturing investors' attention. Alongside these established players, the pre-sale of Milei Moneda continues to attract great interest, showing its appeal in a market eager for innovative projects.
Milei Moneda has attracted significant attention by excitingly combining humor, politics, and blockchain technology. Additionally, the project offers a vesting schedule that releases tokens gradually over four weeks, instilling confidence and stability in investors. Additionally, MEDA investors enjoy discounts, governance benefits, nft staking rewards, and access to the most popular nfts within the ecosystem.
With each MEDA Priced at $0.0125 each during Stage 2 pre-sale, Milei Coin continues to captivate investors as a lucrative investment opportunity. What's more, the imminent launch of MEDA tokens on Uniswap at $0.020 before May 21 presents a tantalizing prospect as a 60% ROI is guaranteed for early participants.
Conclusion
With major cryptocurrencies like Solana and ethereum once again showing bullish momentum, investor confidence in the cryptocurrency market appears to be increasing. The sustained popularity of the Milei Moneda pre-sale highlights how new projects are also benefiting from this improvement in sentiment, as people look to take early advantage of potential opportunities that could generate big returns.
Learn more, visit the Milei Moneda website or contact Telegram.
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