Both SUI and Solana (SOL) have had to come out of rough patches in the last two weeks, as investors are looking to choose between them for their portfolios this month. Crypto analysts have spotted a few positives from the two top altcoins, and maybe SUI and SOL are altcoins to watch this month.
Solana has been a long-standing fan-favorite among the best altcoins, as its protocol and blockchain practically welcome users and devs. It’s no surprise to see the SOL network compete with Ethereum for users and traffic these days. Lately, the Solana network has hit another issue with congestion, as user transactions have been glitching for over a month. The dip in Solana’s altcoin price you must have noticed is down to the perception of the failed transactions on the blockchain.
However, SOL is still pretty volatile, and Solana might see a pump soon due to intense buy pressure.
SUI hit a milestone with its decentralized exchange this month as SuiSwap moves ever closer to Uniswap on the list of top DEXs. Analysts have also tipped SUI to make a 100% spike by the end of the year as it aims for even more development.
Could SUI be one of the best cryptos to buy this year? Maybe, but we know one coin that would bolster your portfolio, even beyond the bull run.
Solana vs. SUI
Solana’s past month’s trading charts have not been the impressive altcoin we all knew. The Solana meme coins were a massive boost to SOL, but they also welcomed some unwanted attention to the blockchain. Trading bots have flooded Solana’s ecosystem, distorting the network’s performance while they search for ways to exploit the meme coins.
The failed transactions are not organic. Hence, they have no correlation with user assets, but we have seen SOL price plummet significantly from its ATH. Some analysts are of the opinion that Solana can still make a comeback, though. Some noted that as long as SOL’s altcoin price doesn’t cross its next support level, a rally is always on the cards for SOL.
SUI, on the other hand, is making giant leaps off-chain. SuiSwap is covering the ground between itself and top DEXs like Uniswap, as the SUI-based project just crossed $2.88 billion in trading volume. This follows a 49% spike in trading activity on SUI in March and over $830 million traded in the past week.
SUI has left most of the top platforms trailing in terms of trading volume, but investors are still leaning towards a Solana pump for gains. Once again, the top DeFi coin gets the nod ahead of the Decentralized Exchange.
Or it would seem. Exclusive information tells us that there’s a new cryptocurrency ICO in town and that Milei Moneda’s presale is where all the investors are gathered. The new meme coin is already in presale Stage 2 and gathering quite the support.
Welcome to the DeFi Scene: Thanks to Milei Moneda
It’s a meme coin madness out there in the crypto-verse, and Milei Moneda is joining in the party. But not like your typical meme coin. $MEDA is planning for everyone, long-term and short-term alike, and its plans for longevity are frankly the best to come out of the meme market.
First off are the incoming smart contracts, the operators of the eagerly anticipated dApps and features on $MEDA. With smart contracts in charge of transactions on Milei Moneda, users can rest assured of the best services on the network.
Next up is the community, the stronghold of the $MEDA project, where all the ideas are forged and approved before being built and launched. $MEDA holders will be at the heart of inventing DeFi features and dApps to provide utility on Milei Moneda. They also get rewards for making the best governance proposals, thus encouraging even more innovative projects to come out of $MEDA’s community.
Milei Moneda is definitely the next best cryptocurrency to buy in the market currently. We are yet to see a meme coin with so much focus on DeFi activities, but $MEDA is here to prove any doubter wrong.
Conclusion
And there aren’t too many doubters left. Solana seems attractive to traders, but investors know where the profits are at. Milei Moneda’s presale is in Stage 2, selling each token for $0.0125 and offering you 60% profits by May.
The profits are less than in Stage 1, but $MEDA tokens will only cost more moving forward. Get yours today and anticipate launch day!
