Nfts
Magic Eden NFT Marketplace records $486 million trading volume; Milei Moneda ($MEDA) Investors Remain Confident in Gains
TLDR
- Magic Eden, an NFT marketplace, reached $486 million in trading volume.
- Milei Moneda ($MÉDA) gaining popularity as one of best cryptos to invest in as investors remain confident of huge gains.
Magic Eden achieved a remarkable feat after overtaking Blur in terms of trading volume, reaching $486 million. This achievement propelled Blur into second place for the first time ever, trailing by $108 million. In the meantime, Milei Moneda ($MEDA) remains a best crypto to buy and shows no signs of slowing down in delivering massive gains. Furthermore, many market analysts are also convinced that it is now one of the best cryptocurrencies to invest in.
Save like Milei: invest in $MEDA
Magic Eden NFT Marketplace overcomes vagueness in trading volume
A report from DappRadar revealed that Magic Eden reached a trading volume of $486 billion last month, surpassing Blur worth $108 million.
Experts attributed the platform’s performance to the fact that it offers support for Ordinary. Other factors include the continued partnership of Magical Eden and one of the best NFT studios, Yuga Laboratoriesand the new Diamonds rewards program.
Analysts believe that the popularity of collectible digital assets on Bitcoin, like runes and ordinals, was highlighted by the idea that in April, OKX NFT and UniSat Marketplace were on the list of the five best trading platforms in the segment.
Regarding collections, Runestone won first place after overtaking the Bored Ape Yacht Club. Additionally, the total trading volume of NFT collections on Bitcoin jumped 32% over the month, reaching $675 millionthe Bitcoin blockchain occupying second place in terms of transaction volumes after Ethereum.
DappRadar experts also highlighted the growing popularity of Blastrevealing how traders are being attracted to the network by farming points for the future airdrops related to the new deployment of Blur on the protocol.
Additionally, DappRadar revealed that the total NFT trading volume in April was $1.35 billionWhich one is 13% less compared to its value of the previous month. This downward trend towards $1 billion has been observed since December 2023.
Milei Moneda makes the list of best crypto coins
With the number of meme coins entering the crypto market increasing, investors are looking for coins with long-term prospects and growth potential. Milei Moneda offers these benefits and, as such, has become one of many investors’ favorite cryptocurrencies, with several analysts suggesting that it could be many investors’ favorite cryptocurrency. best crypto for beginners.
Represented by the token symbol $MÉDA, Milei Moneda conquers the hearts of investors thanks to its innovative approach and commitment to community development. THE Milei Moneda The platform allows users to engage in both economic and social activities.
It is a platform that is committed to providing exceptional experiences for investors. THE Milei Moneda The ecosystem adopts a fair governance system in which members have voting rights.
Holders can reap financial gains by purchasing its native token, $MÉDA. Furthermore$MÉDA offers other great benefits, like the ability to earn NFT stakes as rewards and access to discounts.
The main holders of $MÉDA can also enjoy exclusive events and content. Milei Moneda incorporates a deflationary mechanism, which creates a shortage by removing part of its token from circulation. This approach increases the value of $MÉDA long-term.
Additionally, as a meme coin with long-term prospects, Milei Moneda adopts a distribution model in which 15% of the entire token supply is allocated to liquidity and 5% for burns. Milei Moneda The performance of its ongoing presale has solidified its position with analysts and investors, with several market analysts predicting that it could be the best crypto to invest in right away.
Sold at $0.015 in stage 3 of its presale, Milei Moneda plans to launch on Uniswap on May 21, 2024, at $0.020 per token. Therefore, investors who buy $MÉDA at this point I will get 33.3% return on investment in a few weeks.
Do you have a $MEDA curiosity? Visit their website or chat with their project team at Telegram for the inside scoop.