As the overall crypto market sees red due to the US and Japanese economic fears, there’s one coin that is defying the trend – Angry Pepe Fork. Memecoins are one of the best-performing sectors of 2024, but the OG memecoin DOGE has gained another 0. Read on to discover why.
Angry Pepe Fork Defies The Markets With A 78% Increase On The Weekly
Angry Pepe Fork is the next big thing on Solana. Solana’s meme coin economy has been booming in 2024, worth approximately $5.5 billion. It shows no signs of slowing with a 24-hour trading volume of $1.2 billion.
However, not all memecoins are created equal, and Angry Pepe Fork has several advantages over the competition. For one thing, $APORK, which is up by 78% over the last few days, is still in presale.
This means that regardless of the markets, the only way for the coin is up while the presale is ongoing. Experts are predicting that the coin could go as high as 300% from the initial listing price of $0.014.
Once Angry Pepe Fork goes live it could well follow in the footsteps of new Solana coins like SHARBI and POX, which are up by approximately 1300% and 950% this month.
But that’s not all.
Angry Pepe Fork calls itself a memecoin for rebels and renegades who are sick of the status quo.’ In practice, this means they are setting themselves apart from ‘memecoins’ that lack utility, such as Doge.
One of the most bullish features of Angry Pepe Fork is that presale buyers can stake their coins while the presale is ongoing. The presale pool is currently at an eye watering 6,129,032% APY, meaning the earlier people buy, the more coins they can accumulate.
Also, the presale has a dynamic pricing structure so the price will rise as the presale continues. Getting in early leads to bigger gains.
Fun events are planned as the community grows. People will be able to earn more tokens as they complete quests and missions, and take part in what Angry Pepe Fork is calling ‘Conquer to Earn’.
Is Dogecoin About To Experience The Dreaded Deathcross?
In the world of memes, we all want to see another 0 knocked off the price.
But Doge seems to be headed in reverse as the price has fallen by 18% since its highs last month – from $0.114 to $0.092.
Reddit analyst Dreamtankz warned the Dogecoin community that on the 4-hour charts, Doge has rejected the 50-day EMA several times now, and is about to fall under the 20-day EMA.
“More Downside Is Coming.. Just Be Prepared Everyone” he said.
Analysts at Utoday also noted that another death cross is coming for DOGE, which usually brings sharp corrections. Worse still is the lack of trading volume, showing that investors just aren’t interested in reclaiming the psychological $0.10 level.
So why is Doge performing so poorly? One reason may be that, unlike Angry Pepe Fork, it has an unlimited supply. This means the coin is inflationary, defying the ideals of cryptos like Bitcoin and Solana.
Also, while the coin has many supporters, the community is stagnant, and on-chain development and new off-chain partnerships are basically non-existent. The coin has no utility, no staking rewards, and no uniting force to motivate its hodlers.
Although DOGE does have its own Layer 2 blockchain, it’s not used for anything much. And so it doesn’t bring in revenue or encourage new developments.
People looking to try and make money from memecoins would do well to look to newer memecoins that have utility, a good roadmap with innovative ideas, and upward price action. Most of the best memecoins are on Solana, Tron, and Ethereum.
Visit the Angry Pepe Fork Presale:
Website: https://angrypepefork.com/
Telegram: https://t.me/AngryPepeFork
Socials: https://x.com/AngryPorkCoin
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