With the cryptocurrency market seeing downturns in September, many investors are diversifying away from popular altcoins. As investors move elsewhere, a new Dogwifhat rival is taking the market by storm and could offer higher returns than Sui despite the launch of its new AUSD stablecoin. Here's why analysts are bullish about Angry Pepe Fork.
Investors are pivoting away from popular altcoins amid downturns in the cryptocurrency market observed in September. As investors seek alternative investment options, a new Dogwifhat competitor is rapidly gaining market share and may offer higher returns than Sui despite the launch of its new AUSD stablecoin. Here's why analysts are optimistic about Angry Pepe Fork.
Angry Pepe Fork Surges Past $500k
Angry Pepe Fork is one of the fastest-growing Solana meme coins. While many meme coins have tried to capitalize on the Solana hype, few are seeing as much traction as $APORK. In just a few short weeks, the Angry Pepe Fork presale has managed to raise over half a million dollars, and analysts believe its value could surge by 200% before its presale is complete.
Post-launch, experts predict an additional 300% surge, which could put Angry Pepe Fork in the spotlight with major meme coins like Pepe and Dogwifhat. However, unlike most meme coins, Angry Pepe Fork offers fantastic utility.
The project is designed for meme coin rebels who are tired of a market that lacks utility. Angry Pepe Fork fights against this status quo with outstanding tokenomics, a fantastic staking mechanism, and several income opportunities.
Throughout the Angry Pepe Fork presale, investors can buy and instantly stake their coins, with the current presale pool at an APY of 6,129,032% APY. The earlier investors get involved, the sooner they can maximize their returns.
Angry Pepe Fork is currently selling for just $0.025 during its presale, making now a great time to get involved before the price of $APORK tokens soars!
Dogwifhat Crashes by 15% in August
Amid the recent market declines, Dogwifhat has been one of the worst-hit meme coins. Analysts initially believed this highly lucrative project was set to become the next big meme coin. However, after hitting a high of $4.85 in March 2024, Dogwifhat's price has dropped a massive 68.12% to $1.54 at the time of writing.
This significant decline has caused Dogwifhat to drop within the crypto rankings, with Dogwifhat currently being ranked the 48th largest cryptocurrency by market cap. Despite this, Dogwifhat’s trading volume remains high, with Dogwifhat being the 23rd most traded cryptocurrency. This high trading volume suggests that investors remain bullish despite Dogwifhat’s poor price activity.
Sui Launches AUSD Stablecoin on Agora
Financial startup Agora recently announced its plans to launch an AUSD stablecoin on the Sui network. This marks the second stablecoin to be launched on the Sui network and could lead to a significant price increase.
Sui is the first non-Ethereum virtual machine blockchain for AUSD, and the development is expected to make Sui and crypto more accessible. However, despite this huge upgrade, Sui's price has seen several declines over the last month. These declines are linked to the broader crypto market, with Sui's price falling from $2 to $0.9211 at the time of writing.
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