Home > Information news > $4.7B Bitcoin Options Expiry Event is Here, While MAGA Surges, Here’s Why APORK is Trending Too

$4.7B Bitcoin Options Expiry Event is Here, While MAGA Surges, Here’s Why APORK is Trending Too

Release: 2024/06/06 20:02 Reading: 759

Original author:COINTURK NEWS

Original source:https://coinmarketcap.com/community/articles/666198ecdbe6a55e61f23950

$4.7B Bitcoin Options Expiry Event is Here, While MAGA Surges, Here’s Why APORK is Trending Too

4.7B Bitcoin Options Expiry Event Triggers Volatility

The Bitcoin Options Expiry event on May 31, 2024, has stirred concerns of market volatility. Data from Deribit indicates that option traders may face significant losses in their Bitcoin holdings.

Bitcoin Price Recovers

Despite the expiry event, Bitcoin's price has shown stability over the past month. Bulls have regained momentum, pushing the token towards the $70,000 mark. The market capitalization has also surpassed $1.3 trillion, reflecting bullish sentiment.

MAGA Token Surges

The MAGA token, named after Donald Trump, has emerged as a top performer. Its value has skyrocketed by 85k over the past year and over 200% in the last month. Analysts anticipate that the US general election could further boost the token's value, potentially reaching $20 in the coming weeks.

Angry Pepe Fork Gains Traction

Angry Pepe Fork (APORK), a Solana-based meme coin, has garnered attention during its presale. Boasting a unique gaming model, it allows users to earn rewards by battling enemies. The limited supply of 1.9 billion tokens ensures value appreciation and long-term growth. APORK's exceptional APY and staking options enhance its potential as a top investment opportunity.

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