DOT, ADA increase; Milei Moneda emerges as a promising newcomer

As Polkadot prepares for the launch of its L2 network, Cardano sees an increase in GitHub activity due to smart contract development, while Milei Coin promises additional nfts and rewards after launch.

Major altcoins have been quite successful over the past four months, but Polkadot (DOT) and Cardano (ADA) have yet to let up. Even in the heat of the bitcoin pump, ADA and DOT only managed modest peaks.

Polkadot is concerned with building networks and ensuring that they maintain fluid communications and operate with high levels of security. DOT saw some development last year, but Polkadot only added 15.2% in value at that time. Recent metrics have shown that many of its users and long-term traders are losing interest in Polkadot. However, there could be some revival in the coming days as the DOT plans to launch its L2 network.

Cardano is experiencing the same blockage, as blockchain developments have not been proportional to ADA earnings. ADA developers have seen non-stop activity on GitHub lately, as Cardano now ranks above ethereum in developer activity. The blockchain recently moved into smart contracts, and Cardano has been adding 500 new smart contracts daily to meet the demands.

Since DOT and ADA are still far away in the profit game, the new meme coin Milei Coin (MEDA) offers one of the new ICOs on the market. The MEDA cryptocurrency ICO is live and already attracting investors from major networks.

Moles vs. Cardano

Polkadot and Cardano users have fallen on hard times lately as both tokens have failed to live up to their most optimistic price predictions for 2024. While the other major defi coins reached their ATH between December 2023 and March, DOT and ADA lagged behind with moderate gains. .

Polkadot has faced some selling pressure as investors are losing confidence in DOT's ability to rise again this year, especially as other major cryptocurrencies are seeing triple-digit gains. PERP traders are declining and most of the remaining traders are scalpers looking for short-term profits.

However, the token could be redeemed in the coming weeks as Polkadot has scheduled a Layer-2 solution for later this year. Blockchains are moving towards L2 networks for easy operability and scalability, and Polkadot appears to be taking that step now.

That could also set DOT up for bigger gains than Cardano, as some analysts feel ADA bulls have a lot to do if ADA lives up to their bullish predictions. Many Cardano metrics point to long-term gains, but the stakes are stacked against ADA.

ADA fell in early March, falling to its support levels after a brief rally. Now, traders may want to put DOT among the altcoins to watch, although nothing is set in stone.

Milei Moneda becomes a convincing contender

Miley Moneda It is one of the new trending ICOs. The pre-sale is the first step in a sequence of events that aims to give profits to Milei Moneda investors.

Milei Coin will defend meme culture, but the MEDA token will not turn out like most other meme coins. Milei Moneda is a great defender of economic freedom and there is no better way to preach it than by establishing standards in her own community.

The MEDA token is the identity of each user on the platform. Like other governance ecosystems, Milei Coin users will be able to vote and approve proposals for defi applications and features on the platform. This will provide real-life utility to traders in the cryptocurrency world, driving traffic to MEDA projects and, of course, more profits for investors.

Milei Coin's defi ambitions could see the token compete with top defi coins sooner than expected. Smart contracts will be key to the platform's progress, and MEDA's are already in the audit phase.

Conclusion

Polkadot and Milei Coin are among the top 5 cryptocurrencies to buy this year, and the meme coin is scheduled for a big launch mid-year. Investors can get MEDA tokens today, which cost $0.010 right now.

To learn more about Milei Moneda, visit the website or contact Telegram.

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