Coinbase records second largest BTC outflow amid market correction; $MEDA investors shielded from volatility

on Apr 7, 2024
  • Coinbase saw heavy Bitcoin (BTC) withdrawals as the price fell to $65K amid the crypto market correction.
  • Milei Moneda's ($MEDA) resilience shields holders from market volatility.
  • $MEDA's presale price in stage 1 is $0.010, a potentially attractive entry point for early investors.

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While Coinbase saw its second largest Bitcoin (BTC) outflow as the cryptocurrency market corrected, investors in Milei Moneda ($MEDA) have found their investment insulated from turbulence thanks to its strong fundamentals and resilient community backing. 

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But which of these top crypto coins is considered the best investment? Find the details below! 

Bitcoin price dips

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Amidst the market-wide correction, Coinbase witnessed significant Bitcoin (BTC) outflows this week, marking the second-largest in its history. 

Two substantial withdrawals of 16,800 BTC and 17,000 BTC occurred, coinciding with a decline in Bitcoin’s price, which dipped to nearly $65,000.

In other crypto news, the Spot Bitcoin ETF flows also turned negative on April 1st after a brief recovery period. This was largely driven by an outflow of approximately $303 million from Grayscale’s GBTC fund. It’s unsurprising that Bitcoin’s (BTC) value dropped by nearly 2% over the last month with these developments. 

Moreover, industry analysts are anticipating further price declines for Bitcoin (BTC) based on recent trends. 

These experts forecast that the price of Bitcoin (BTC) could drop to $60,000 by April 27 as outflows from exchanges and funds look set to continue.

Milei Moneda’s resilience shines amid market uncertainty

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Amidst the market correction that has seen Coinbase record substantial Bitcoin outflow, Milei Moneda ($MEDA) investors can breathe a sigh of relief as they remain shielded from the impact of the recent volatility. 

The emerging meme coin continues to showcase resilience and momentum in its ongoing presale, positioning it as one of the best altcoins available.

Milei Moneda ($MEDA) stands out from other cryptocurrencies due to its unique features and strong fundamentals. One of its key differentiators is its native token, $MEDA, which possesses remarkable deflationary characteristics. 

This aspect has garnered significant attention, as it offers holders enticing benefits such as massive discounts, monthly giveaways, exclusive content, and voting governance rights.

Moreover, the vibrant and enthusiastic crypto community surrounding Milei Moneda ($MEDA) has played a pivotal role in establishing it as one of the leading altcoins.

Composed of visionary individuals who value innovation and embrace the principles of the free market, this community has further strengthened the position of Milei Moneda ($MEDA) in the market.

Milei Moneda ($MEDA) presale

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In Stage 1 of its presale, Milei Moneda ($MEDA) has an altcoin price of just $0.010, making it an attractive investment opportunity.

With 5% of the total token supply to be burned to increase scarcity, investors who seize this opportunity may position themselves for significant gains when Milei Moneda ($MEDA) launches on Uniswap in May at $0.020. 

The presale price increase means Stage 1 investors could see a 100% ROI if $MEDA launches at the said price. There’s potential for even bigger gains once $MEDA starts trading on exchanges.

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This article is a collaboration between our Editors and our Partners, and it may contain sponsored advertising content and links. The content is not intended as financial advice and is for informational purposes only.


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