Memecoins
Solana-Based Memecoins Take Over as DADDY and APORK Skyrocket; The analyst expects a 53% increase for Solana
Solana-based memecoins like DADDY and APORK see meteoric growth. Analysts expect a 53% increase for Solana.
The number of Solana memecoins entering the cryptocurrency market has increased tremendously in the last month thanks to the pioneer, Bonk, who started it all late last year. Two of these memecoins, Daddy Tate and Angry Pepper Fork, are making waves in the market now. On the other hand, Solana is expected to rise by 53% in the next trading session.
Daddy Tate (DAD) outperforms MOTHER coin
Andrew Tate, one of the influential personalities on social media platforms, continues to make headlines in the cryptocurrency industry. This time, he is in the news for backing a Solana-based meme coin called Daddy Tate (DADDY).
The memecoin’s value has increased more than 1,500% in the past week, outpacing Iggy Azalea’s MOTHER coin. The price surge comes after Tate tweeted that he had never seen a better MOTHER and DAD.
This single tweet sparked high social sentiment, which pushed the meme coin to its current price level. Even though Daddy Tate coin is bullish now, it may suffer losses in the coming days if the hype dies down.
Solana (SOL) will see the price at 53%, says analyst
The recent market correction has impacted most major cryptocurrencies and this includes Ethereum Killer Solana (SOL). According to data from CoinMarketCap, the price of Solana on the weekly chart decreased by 14%.
On the other hand, Solana is trading in the green on monthly and yearly timeframes, despite the price decline on daily and weekly timeframes. Renowned crypto analyst Ali Martinez predicted that the price of Solana is likely to increase by 53% in the coming weeks. However, he advised focusing on two critical levels.
The first is a support level located at the support zone at $143, while the second is the resistance level at $178. A failure to hold the support level would disprove the prediction, while a break above the resistance level would confirm it.
Analyst Tag Angry Pepe Fork (APORK) among the best new meme coins to buy
Angry Pepe Fork has taken a unique approach (APORK) under the spotlight. Experts believe that this Solana-based meme coin will surpass Dogecoin and Floki thanks to its utility-focused ecosystem, which features a staking option and “Conquer to Earn” mechanism.
The community-driven “Conquer to Earn” incentive allows members to earn more APORK Tokens by helping Angry Pepe Fork purge all Zombie Coins from the Meme Coin space. In exchange, members receive free APORK coins.
Additionally, the platform’s staking feature allows stakers to earn APY by locking up their APORK tokens for 30, 60, or 90 days. The APY increases based on the lock-in period. Therefore, members are advised to stake their tokens for longer periods.
Although Angry Pepe Fork is a new leaf in the meme coin space, its features, roadmap, and potential make it one of the best new meme coins to buy. The team plans to collaborate with partners and other platforms to add more utility to the APORK token and improve the user experience. Currently trading at $0.014 in its first presale phase, the APORK coin is expected to rise by 200% during the presale.
Conclusion
While DADDY and Angry Pepe Fork represent Solana’s meme coins very well, Solana is preparing to recapture the $200 price level. As one of the best altcoins on the market, market observers are very optimistic about Solana and its future trajectory of prices.
Visit the Angry Pepe Fork presale
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