Fantom’s Sonic Validator Node pioneers blockchain speed, aiming for 2,000 TPS and sub-second confirmation times amid positive market reception.
Sei Foundation and Gitcoin launch $10M Creators Fund, boosting SEI and GTC prices on Binance. SEI is expected to rebound to $0.90 by May 2024.
Milei Moneda ($MEDA) on Uniswap May 2024. Priced at $0.0125, projected $0.020. Best DeFi investment—deflationary, governance, satire-infused.

Amidst a bullish market, Fantom pioneers blockchain speed, Sei Foundation and Gitcoin launch a $10M fund, and Milei Moneda’s imminent Uniswap launch sparks curiosity about its sustainability.

Fantom’s (FTM) Sonic Validator Node: Pioneering Blockchain Speed and Efficiency

Fantom Foundation has achieved a significant milestone by deploying the inaugural validator node on Sonic technology, marking a breakthrough for the blockchain in April 2024. 

Leveraging Sonic’s capabilities, such as achieving 2,000 transactions per second (TPS) with sub-second finality, Fantom is poised to address network congestion issues and elevate user experience on its Opera mainnet. CEO Michael Kong views this as a crucial stride towards harnessing Sonic’s impressive speeds, facilitating over 180 million daily transactions with sub-second confirmation times. 

This achievement aligns with Fantom’s infrastructure evolution strategy as it gears up for a transition to a new chain later this year. Market reception has been positive, with fluctuations in the Fantom token’s price but a steady total value locked (TVL) of $146 million. 

Despite a drop in the price of Fantom from the $1 region to the $0.70 region due to broader market trends, experts remain hopeful that FTH will rebound, potentially becoming a top crypto to invest in if it surpasses the $1 mark by June 2024.

Sei Foundation Launches $10M Fund With Gitcoin, Boosting SEI Price and Community Projects

The Sei Foundation has unveiled the Sei Creators Fund in partnership with Gitcoin (GTC), allocating $10 million to support NFT and Social projects within the Sei ecosystem. This initiative aims to spur innovation and expansion by funding both existing and new projects. 

Phase 1 of the application process, starting with direct submissions to the Foundation, precedes Phase 2, a community-driven funding stage in collaboration with Gitcoin. The announcement has triggered a surge in the prices of both Sei (SEI) and Gitcoin (GTC) on Binance, highlighting market excitement for community-focused initiatives. 

Through the Sei Creators Fund, the Foundation seeks to empower creators and developers, driving the growth and evolution of the SEI ecosystem. This initiative underscores Sei’s commitment to fostering innovation and supporting its vibrant community of builders and innovators.

This development has seen Sei, one of the top crypto coins, drop from the $0.80 region to the $0.60 region between March and April 2024. Experts believe this is just short term as Sei is expected to rebound to the $0.90 region by May 2024. 

The Rise of Milei Moneda and Its Impact on Economic Empowerment

Scheduled for launch on Uniswap in May 2024, Milei Moneda embodies a movement towards economic empowerment and financial independence, boasting deflationary mechanisms, NFT integration, and governance options. $MEDA emerges as a unique innovation in the DeFi space, blending innovation with political satire to offer the best crypto investment opportunity. 

Priced at $0.0125 and projected to pump to $0.020 upon launch, $MEDA presents an enticing investment prospect. With a total supply of 500 million tokens, it emphasizes accessibility and liquidity, positioning itself as a catalyst for economic reform. Anticipation runs high as investors eye substantial returns drawn by its deflationary tokenomics, tax-free transactions, and high staking rewards. 

As one of the top DeFi projects, Milei Moneda symbolizes more than just a digital asset; it represents rebellion and the pursuit of economic freedom, making it a top crypto to buy for those seeking to participate in a new economic paradigm.

Conclusion 

Fantom, Sei, and Milei Moneda, one of the best DeFi innovations, showcase promising advancements, igniting excitement in the cryptocurrency landscape as investors navigate potential opportunities amidst a dynamic market environment.

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

Read More