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Eyes on Solana’s recovery in September as APORK looks to be next to pump 100x

Release: 2024/09/16 06:30 Reading: 224

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/66e70a4a3103392f1959e1e7

Eyes on Solana’s recovery in September as APORK looks to be next to pump 100x

Market Turbulence and Solana's Rebound

Cryptocurrency markets have faced significant volatility, leading to sharp declines in prices. Solana (SOL) has been heavily impacted, but analysts anticipate a reversal in September due to positive on-chain metrics.

Angry Pepe Fork: Shaking Up Memecoins

Angry Pepe Fork (APORK), a newcomer in the memecoin space, aims to challenge the current stagnation. It has witnessed a 78% rally in its presale, defying the bearish market.

APORK's Unique Features:

  • Allows users to stake tokens before presale completion, earning rewards.
  • Encourages community participation through "Conquer to Earn" quests.

Solana's Potential Trend Reversal:

SOL's recovery from $121 to $138 suggests a potential bullish reversal. Despite still trading below key moving averages, on-chain metrics indicate a strong foundation.

  • Daily active addresses have reached an all-time high of 5.4 million.
  • Whales continue to accumulate SOL, with a recent purchase of 61k tokens worth $8 million.

Implications for Solana-Based Memecoins:

Solana's rebound could benefit memecoins, particularly those with untapped potential like APORK.

Current APORK Pricing and Availability:

APORK is currently available for purchase at $0.02518. This price is expected to increase after the presale.

Note:

This article does not constitute investment advice. Please conduct thorough research before any financial decisions.

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