Home > Information news > Traders Lose Faith in Axie Infinity and The Sandbox – Hot New Altcoin Comes to the Rescue

Traders Lose Faith in Axie Infinity and The Sandbox – Hot New Altcoin Comes to the Rescue

Release: 2024/07/12 18:04 Reading: 203

Original author:TheBitTimes

Original source:https://coinmarketcap.com/community/articles/6690f197de3f952f43036f63

Traders Lose Faith in Axie Infinity and The Sandbox – Hot New Altcoin Comes to the Rescue

With the bearish trend prevalent in most cryptocurrencies within the market, locating one that stands out has become quite a challenge. However, most traders have already lost interest in some of the well-known cryptos like Axie Infinity (AXS) and Sandbox (SAND) owing to the current dipping nature of these coins. Conversely, Angry Pepe Fork has showcased impressive performance, making investors shift towards this new altcoin. Angry Pepe Fork, backed by unique features, promises its investors a chance of enjoying a higher ROI in 2024, with the potential to surge by 100x by the end of its presale stages.

Angry Pepe Fork Emerges As A Novel Altcoin Promising A Higher ROI For Early Investors

Angry Pepe Fork is a community-driven, meme-based project that aims to shake up the altcoin market. Essentially, Angry Pepe Fork aims to dethrone the dead meme coins on the blockchain thanks to its community. Once it does this, it will reward the community immensely. For example, the Conquer To Earn system lets Angry Pepe Fork community members collectively earn by staking their tokens in one pool. As the number of dethroned meme coins rises, so will the APY of the staking pool - benefiting all those involved. Unlike traditional staking approaches, Angry Pepe Fork offers tiered staking options with 30, 60 and 90 days.

This significant approach seems to be gaining traction with major investors, as the Angry Pepe Fork presale has already accomplished notable milestones. Notably, this presale has now raised nearly $200,000 and is on track to reach $1M before the end of July 2024.

With staking options available even in the presale stages, participants can benefit from remarkable APY rewards, enhancing the token's utility and appeal. Moreover, as a native token for the Angry Pepe Fork, APORK holds vital roles in transactions, staking, and governance, offering users extra benefits and engagement opportunities.

The Angry Pepe Fork token is just in its stage one presale, where the token is going for just $0.014. However, with a limited supply of just 1.9B tokens, this unique token aims at maintaining scarcity and value appreciation, which might potentially hit the $1 mark by the end of the year. A move that has attracted well-known YouTubers like Professor Crypto, who seem to back up Angry Pepe Fork's potential in 2024.

Axie Infinity’s Bearish Trend Sparks Caution Within the Crypto Market

Axie Infinity (AXS), a leading blockchain-based game, has recently seen its AXS price lean toward a dipping trend. Market analysts have observed a series of sell-offs topped with declining trading volumes that suggest the price might drop even further. Axie Infinity's price dip is a significant shift from its previous highs, raising questions regarding the future stability of AXS.

Several factors have contributed to the current Axie Infinity price dip. This includes the broader crypto market, which continues to witness high market volatility, affecting most digital assets such as Axie Infinity. Additionally, increased competition within the blockchain gaming space has also pressured Axie Infinity to its current position. These challenges, topped with general investor uncertainty, have driven the price downward, making investors act on the Axie Infinity price prediction.

The Sandbox (SAND) Price Prediction

The Sandbox created history with its mind-blowing hold over the globe. This financial system was revolutionized when Sandbox started climbing the ladder. However, despite its previous achievements, the price of The Sandbox has been showing a dipping trend over the past few days.

The technical chart within the weekly time frame shows that the Sandbox price seems to be developing a bullish reversal pattern known as the rounding bottom. This chart setup is mostly interpreted as the bottoming of a downtrend as investors showcase renewed buying interest. Under the influence of such a pattern, Sandbox buyers might challenge its ATH in 2024, especially now that Sandbox has also partnered with TourBillion to create an advanced gaming experience that will go beyond conventional gameplay.

Will Angry Pepe Fork Stand Out Within the Altcoin Market?

With well-known altcoins like Axie Infinity and Sandbox losing investors' interest, Angry Pepe Fork, a new crypto in the presale stage, is now emerging as a potential savior. It promises early investors a chance of enjoying a higher ROI in the future, which means that this is the opportune time to invest in this coin, given its current low price.

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