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Angry Pepe Fork Among Altcoin Gems To Keep A Watch On

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2024-06-16 09:28:071106browse

Alongside Optimism and Fetch.ai, Angry Pepe Fork is a new altcoin that investors should take seriously. Built on the Solana network, Angry Pepe Fork intends to take the fight to the rebels and the renegades, defeating zombie meme coins to become the best altcoin.

Angry Pepe Fork Among Altcoin Gems To Keep A Watch On

As the market continues to correct, investors are keeping an eye out for crypto gems that can still provide amazing returns. In the hope that the market will bounce back in a couple of weeks, this article will analyze 5 top altcoins that may be key for long term growth.

1. Optimism (OP) Token Remains Promising Despite Market Correction

The inability of Ethereum to provide scalability is taken care of by Optimism. Due to its lower gas fees and faster transaction, Optimism is used by users and developers. However, with the bear correction, Optimism price has lowered in recent times, going down by 17% in the last week.

The bear trend also affected the Optimism market cap which has fallen below $2.5 billion. On the contrary, the Optimism trading volume is moving up, projecting that investors are trading the token. With Optimism retaining higher value in TVL among Ethereum Layer 2 blockchains, the token is an altcoin that could give massive profit in the coming weeks.

2. Fetch.ai (FET) Down By 27%– Is $2 Still Possible?

Gains are still being made by AI tokens despite the market downturn. One of the tokens that have attracted attention is Fetch.ai. The token achieved a new ATH of $3.47 in March. However, as the market began to slow down, the Fetch.ai price also started to dwindle.

The token is up by 27% in the past month based on CoinMarketCap data. Also affected is the Fetch.ai market cap which is barely above $1.4 billion. The proposed merger with other AI tokens is still a work in progress with the token losing traction in the past few weeks.

Even though it trades above the 50 and the 200-day exponential moving average, it is feared that a continuation of these trends could make it difficult for the Fetch.ai price to hit $2 soon.

3. Angry Pepe Fork Among Altcoin Gems To Keep A Watch On

Alongside Optimism and Fetch.ai, Angry Pepe Fork is a new altcoin that investors should take seriously. The token brings the idea of a conquer-to-earn model, giving individuals staking opportunities. Built on the Solana network, Angry Pepe Fork intends to take the fight to the rebels and the renegades, defeating zombie meme coins to become the best altcoin.

To achieve this, the platform sought the service of individuals (armies) who fought valiantly at the battlefield. The more zombies crushed by the fighters, the more their staking opportunities. As a reward for their commitment, individuals are awarded free tokens and made high placed members of the platform.

The big news is that users can start to stake their tokens while at presale, making it the best altcoins to invest in. Depending on the number of assets staked, users can earn up to 50% APY rewards.

4. Dogecoin (DOGE) Price Analysis: Meme Coin Rally Continues

Dogecoin has attracted attention in 2023 as meme coins continue to rally. Despite the market downturn, DOGE has managed to maintain gains, rising by 25% in the past month.

The meme coin is currently ranked 10th by CoinMarketCap, with a market cap of $34 billion. Dogecoin price is also up by 17% in the past week, continuing its rally.

However, the DOGE price is facing resistance at the 50-day exponential moving average, which could slow down its further ascent. Meme coins are also known for their volatility, so investors should be cautious.

5. ApeCoin (APE) Could Double In Value After NFT Marketplace Launch

After launching its NFT marketplace, ApeCoin has become one of the top performers in 2023. The token is up by 120% in the past month, reaching a market cap of $6 billion.

The NFT marketplace has attracted attention from the community, and it is expected to drive demand for the APE token. However, the token is facing resistance at the 50-day exponential moving average, which could slow down its further ascent.

Despite the market downturn, these 5 altcoins have managed to maintain gains, making them attractive to investors. However, investors should be cautious and conduct their own research before making any investment decisions.

News source:https://www.kdj.com/cryptocurrencies-news/articles/angry-pepe-fork-altcoin-gems-watch.html

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