Price: $0.39245 1.8325%
Market Cap: 57.65B 1.7491%
Volume (24h): 8.59B 0.4%
Dominance: 1.7491%
Price: $0.39245 1.8325%
Market Cap: 57.65B 1.7491%
Volume (24h): 8.59B 0.4%
Dominance: 1.7491% 1.7491%
  • Price: $0.39245 1.8325%
  • Market Cap: 57.65B 1.7491%
  • Volume (24h): 8.59B 0.4%
  • Dominance: 1.7491% 1.7491%
  • Price: $0.39245 1.8325%
Home > Information news > Floki and Pepe Price Drops As Smart Money Investors Continue To Accumulate This Solana-Based Meme Coin

Floki and Pepe Price Drops As Smart Money Investors Continue To Accumulate This Solana-Based Meme Coin

Release: 2024/06/16 17:03 Reading: 208

Original author:BlockchainReporter

Original source:https://coinmarketcap.com/community/en/articles/666e9b63ba38f242dbddf61c

Floki and Pepe Price Drops As Smart Money Investors Continue To Accumulate This Solana-Based Meme Coin

Meme Coin Market Turbulence: Angry Pepe Fork Leads Presale Rally

Amidst the ongoing bearish trend in the cryptocurrency market, the meme coin sector has witnessed a significant decline in activity. However, as investors seek alternatives, a new Solana-based meme coin, Angry Pepe Fork (APORK), has emerged as a promising contender.

Angry Pepe Fork: Dominating the Solana Market

Harnessing its innovative "conquer-to-earn" feature, Angry Pepe Fork has quickly become a favorite among investors, generating significant excitement. Within days of launching its presale, the overwhelming demand has led to the sale of nearly all tokens allocated for Phase One.

The project's presale has far exceeded expectations, raising $100,000 thus far. Analysts project that APORK could potentially raise $2 million before the end of June and $10 million by the completion of the presale. This optimism stems from the belief that the Return on Investment (ROI) will reach 500% by the end of the presale and 1000% upon listing on a major centralized exchange (CEX).

Driving Factors behind the Rally

One key factor contributing to the rally is APORK's limited total supply of 1.9 billion tokens. This scarcity is expected to drive up value in the long term. Additionally, the project's revolutionary platform aims to conquer other "zombie" meme coins and become the dominant force in the ecosystem through its APORK army.

Unlike previous meme projects, Angry Pepe Fork has implemented a staking dApp at launch, allowing users to earn rewards from the outset. As more meme coins are conquered, the Annual Percentage Yield (APY) of APORK armies will increase. Staking and quest participation provide further earning opportunities for token holders.

Pepe Price Trend: Bulls Eyeing 70% Gains

After a period of bearish pressure, Pepe's price is showing signs of bullishness. The token has established support at the lower trendline of its rising wedge pattern, indicating a potential bounce towards the upper trendline at around $0.00002661. This level represents a potential gain of over 70% from its current price.

FLOKI Price Prediction: Analyst Optimistic Long-Term

Despite a recent 26% dip, FLOKI's price is forming a bullish pattern. The token is currently testing its 50-day Exponential Moving Average (EMA) and the 23% Fibonacci level at $0.0002147. This confluence of support may trigger a rally to reclaim the $0.0002863 level. Crypto analyst Bullizer remains bullish on FLOKI, predicting a price target of $0.00031 in the near future. The rising trading volume suggests an imminent surge, making FLOKI another compelling meme coin for investment.

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