Fantom and Pyth Network Holders Look Ready To Move Onto the Next Potential Pump on Milei Moneda

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TLDR

  • Strong performance from FTM after new development.
  • PYTH could become one of the best performers in 2024.
  • Milei Moneda’s potential profits attract attention.

Fantom (FTM) wins default judgment against Multichain. Pyth Network (PYTH) announces new partnership. Meanwhile, FTM and PYTH investors are hopping on the Milei Moneda train. 

What do these developments mean for Fantom (FTM) and Pyth Network (PYTH)? And why do investors see $MEDA as a good crypto to buy? Let’s find out.

Economize Like Milei: Invest in $MEDA!

Fantom (FTM) Makes a Case for Multichain’s Liquidation

On March 4, 2024, Fantom (FTM) revealed in an X post that it asked the Singapore High Court to pronounce Multichain Foundation bankrupt. According to Fantom, this decision will enable it to reclaim the $122 million stolen from Multichain’s Fantom bridge in July 2023. 

The court had initially granted Fantom a default judgment on January 30. This judgment established that Multichain had committed a “breach of contract.”

However, with the inability of Multichain to pay up, Fantom wants the court to declare the cross-chain facilitator bankrupt and appoint a liquidator to help recover the stolen funds. 

Since the news broke, FTM has gained 15.7%, rising from $0.70 to $0.81. Analysts say this pump was most likely influenced by the favorable market conditions

They also predict that FTM can reach $2.80 during the 2024 bull cycle. 

Laser Digital Merges Into Pyth Network 

On March 7, Laser Digital, a digital asset company, announced that it had become a data provider to Pyth Network (PYTH). Laser Digital will provide cryptocurrency pricing data to complement Pyth Network’s over 400 digital and traditional assets price feeds. This will help provide comprehensive, immediate, and accurate data on-chain data for DeFi.

Laser Digital CEO Jez Mohideen added, “We are excited to support Pyth Network in its journey as a decentralized data provider. We look forward to leveraging our expertise and experience to contribute to the growth of the Pyth ecosystem.”

Since the announcement, PYTH has gained 43.5%, rising from $0.62 to $0.89. Analysts say this surge reflects the market’s excitement about the project’s new role as the leading DeFi data aggregator. 

They also predict that PYTH can reach a new ATH of $4.20 in 2024 as its role in the industry increases. 

Milei Moneda Attracts New Investors

Milei Moneda is a unique new meme coin that combines cryptocurrency, humor, and politics. The project aims to build a comprehensive ecosystem featuring a deflationary token, political discourse, NFTs, and a vibrant community. 

Access to Milei Moneda’s ecosystem is achieved through purchasing $MEDA. $MEDA is Milei Moneda’s membership and governance token. 60% of the token is allocated for public distribution, 15% for liquidity pools, and 15% for marketing and rewards. 5% is for airdrop, and the final 5% is burned. Crucially, no $MEDA tokens are allocated to the team. 

Milei Moneda’s presale is currently in Stage 1, and you can buy $MEDA for $0.010 now. If you buy $MEDA now, you will earn a 100% profit when the project launches at $0.020. This significant gain has attracted many investors from other projects. 

In addition, investors who hodl $MEDA get voting rights, access to exclusive NFT collections, NFT staking rewards, and discounts. Members also get rewarded for important proposals. 

Furthermore, you can join the community on Discord, Reddit, and X. Community activities include virtual events, Q&A sessions, and regular giveaways. 

All these are why investors in other projects see Milei Moneda as one of the best coins to invest in.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

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