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Breaking News: Ripple And SEC Reach Major Deal: Remaining $75M Penalty Returned, Injunction Lifted

CRYPTO NEWS: Binance Reaches 200M Users, Bitcoin Transaction Fees Skyrocket, and Pre-sale Super Star Starts a New Trends

Bitcoinist
by Bitcoinist
11 months ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Binance established its status as the largest crypto exchange after hitting a record 200 million user base. With this, Binance holds a massive 36% of users among the entire crypto exchanges. In other news, the transaction fees charged by the Bitcoin network have gone past its earlier price of $195 for the first time in history. Away from the news, Angry Pepe Fork is a top crypto coin that has dazzled the market, creating another trend that could be set for a hit soon. Let’s have a look at how the token may shape up.

Angry Pepe Fork Introduces New Trends To Dislodge Competitors

With the news about Binance and Bitcoin reaching a new milestone, Angry Pepe Fork has become the latest crypto to be talked about with utmost admiration. Built on Solana, Angry Pepe Fork intends to create a healthy rivalry with competitors who have been around for a long term. To achieve this, the project develops a novel conquer-to-earn model, where individuals display their fighting prowess on the battlefield.

By fighting rebels and renegades, individuals defeat zombie meme coins and earn substantial rewards in the process. Some of the rewards that are available for them include free tokens and a high status as members of the community. Additionally, users can collectively fight these zombies and earn massive APY rewards as the number of zombies killed increases.

Right in the presale, users can begin to explore staking options, making Angry Pepe Fork the best crypto to buy to unlock such a feat. APORK is the native token of the project and is currently available at $0.014. The total supply of APORK is only 1.9B, allowing for price stability and constant value increase. With the success of Solana-based meme coins earlier in the year, experts predicted Angry Pepe Fork as the next in line to trend.

As a result, some analysts believe the token could give a huge 250% by the end of the presale and a further 350% after its launch at major exchanges. With the platform also in discussion with potential partners to infuse more functionalities, APORK is the best crypto to buy for a huge profit.

Binance Becomes the First Exchange to Hit 200 Million Users

Binance, the largest crypto exchange, hits another milestone, equalling a record-extending 200 million users. Binance rise among crypto exchanges has been extraordinary with the platform adding 30 million users since the start of the year. Indeed, Binance is setting eyes on onboarding a whopping 1 billion users in the foreseeable future.

As for the Binance coin, the token has continued to gain prominence, hitting a new all-time high of $720 on June 6, 2024. Although the Binance market cap has declined below $100 billion, analysts opined there could be a massive boost as we go into the Q3 of the year. With the continued development of the platform, Binance’s price may soon retest $700.

Bitcoin Gas Fees Skyrocket Amid Network Congestion

With the high volume of users resulting in network congestion, the Bitcoin network has raised its gas fee, rising above $195 per transaction for the first time in history. From an average of $62 gas fee in 2021, the Bitcoin transaction fee crashed to $31.14 in 2023.

However, the recent high surge in gas fees is attributed to the voluminous users transacting on the network. While the Bitcoin price still trades close to the $70k threshold, analysts observed that the high gas fees could result in users adopting alternative networks which could disrupt the price flow.

Visit Angry Pepe Fork Presale

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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