Solana
Ethena USDE Market Cap Hits $3 Billion, SOL Keeps Pace as New Memecoin Expected to Rise
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Ethena USDE’s market cap exceeds $3 billion, rivaling Solana’s pace. Also watch out for Angry Pepe Fork, a Solana memecoin challenging “zombie memecoins”.
Few altcoins are maintaining positive momentum, but the few that are flourishing this week appear to be sending out a bullish signal. For example, the market capitalization of the stablecoin Ethena USDE has just passed the $3 billion mark, reflecting a very bullish rise since May 18 until today. As this stablecoin competes with Solana’s momentum, investors in the altcoin market are turning their attention to these coins.
Meanwhile, the focus was on Angry Pepe Fork (PORK). The Solana-based memecoin is proving to be the new wave in the memecoin space with a common motive to surpass all the “zombie memecoins”.
Ethena USDE market cap exceeds $3 billion, showing positivity
Although, Ethena USDE is a stablecoin, the token still has a significant impact on the altcoin market and more particularly in the Ethena Labs ecosystem. Recently, the stablecoin climbed above $3 billion, after beginning a bullish climb of $2.41 billion on May 18.
This rapid rise has been compared to Solana’s recent momentum, prompting stablecoin investors to consider this token among the best cryptos to buy. However, not only is the Ethena USDE token almost immune to high volatility, but its increase in market capitalization also signals increased investor interest and increased network activity in the market.
Solana Token Maintains Positive Pace Despite Slight Price Setbacks
Having appeared to be one of the pioneers of the altcoin market, Solana (SOL) prize money the dynamics were closely monitored. Despite a notable price decline over the past week, Solana’s monthly chart still suggests a positive outlook. In fact, Solana is currently recovering from its weekly loss and has yet to recover from just under 3% depth.
In comparison, Solana’s price trajectory still maintains a monthly increase of over 14%, trading between $146 and $165. Meanwhile, the native SOL token had already reached a monthly high of over $186, before stabilizing below the $170 threshold.
Given that altcoin season is still in full swing, Solana price is expected to resume its ascent and potentially cross the $200 threshold in a few weeks. While market analysts anticipate this possibility, Solana’s evident resilience in the face of volatility has earned it a place among the best cryptos to buy right now.
Angry Pepe Fork in line to be Solana memecoin’s next breakthrough
The Solana network now has a reputation for hosting high-value memecoins and Angry Pepe Fork (APORK) is next in line to become the next most sought-after Solana-based memecoin. Additionally, if you are a big fan of Angry Pepe Frog or missed the opportunity to access Pepe’s native coin, then this crypto project might interest you a lot.
Unlike the Pepe coin, Angry Pepe Fork has a special feature that sets it apart in the market as a notable memecoin. Notably, this new meme stands out largely thanks to its unique “Conquer to Win” system. The main goal of this system is to allow users to earn token rewards by working together to outperform outdated memecoins on the market.
But that’s not even the best part. Another intriguing attribute of APORK is its staking system which allows participants to lock their tokens for 30, 60 or 90 days in order to obtain higher staking rewards. Additionally, Angry Pepe Fork seeks to create multiple revenue streams for its users to earn more tokens; therefore, it plans to enter into partnerships with various institutions, a move that could generate substantial interest in the altcoin market.
Currently in the initial phase of its presale, the APORk native token is being sold at a modest price of $0.014, with the hope of delivering up to 200% ROI by the end of the presale. Meanwhile, Angry Pepe Fork underwent a security audit by SOLIDProof for its smart contract to gain the trust of its users. In addition to increasing loyalty to the platform, the move also positions the APORK token on the path to success while ranking it among the best crypto coins to buy.
Can Angry Pepe Fork mirror the success of Solana Network’s top memecoins?
Angry Pepe Fork is a utility-backed memecoin that focuses more on sustainability than simple hype, as is the case with most memecoins. By introducing a “conquer to win” system, the APORK token is intended to fuel a thriving economy. This project occupies an advantageous position compared to most trending tokens and fits perfectly among the best coins to buy right now.
For more information, visit Angry Pepe Fork Presale Site.
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