Investors Chose Milei Moneda for Passive Income Benefits While Toncoin and Dogecoin Pump
As the bull market begins, top altcoins like Toncoin (TON) and Dogecoin (DOGE) have been experiencing significant price gains. However, investors are looking beyond cryptocurrencies that have peaked with little room for growth and shifting to more promising alternatives like Milei Moneda ($MEDA), which is set to maximize their gains. Read on to discover how Milei Moneda ($MEDA) has asserted itself as the best crypto investment of 2024.
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Toincoin (TON) has attracted considerable interest lately, experiencing a notable year-to-date surge in value of 135%. According to Coincodex data, Toncoin’s (TON) crypto market cap, which is now at $17.7 billion, also grew by 86% over the past month, establishing its position as the twelfth-largest token by market value.
Toncoin’s (TON) success can be attributed to its affiliation with Telegram, stemming from its inception as a spinoff from the popular platform. Following Telegram’s endorsement of Toncoin (TON) as its preferred blockchain for Web3 infrastructure last year, a series of initiatives have been introduced, consistently bolstering the altcoin’s value.
One such initiative is Telegram’s latest feature, which allocates 50% of ad-generated revenue in Toncoin (TON) to channel owners for ad displays. Given this, market experts speculate that despite reaching its ATH last month, Toncoin (TON) could potentially undergo further price discoveries in the weeks ahead.
As the pioneer and largest meme coin, Dogecoin (DOGE) often serves as a barometer for the broader meme coin market, and recently, Dogecoin (DOGE) surged to its highest price point since December 2021, seemingly signaling the ongoing meme coin mania.
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