Uniswap (UNI) and Aave (AAVE) Deal With Selling Pressure Amid Bearish Market, Angry Pepe Fork Emerges as a Potential Presale Gem
- WBOYOriginal
- 2024-07-15 16:28:02268browse
The DeFi market is experiencing a rise in selling pressure, which has affected the price movement of DeFi coins like Uniswap and Aave.
Rising selling pressure in the decentralized finance (DeFi) market has impacted the price movement of top DeFi coins like Uniswap (UNI) and Aave (AAVE). While Uniswap's price has shown a decrease on the weekly and monthly price charts, ArpitTrader predicts a potential surge in UNI's price to $9.652.
On the other hand, crypto influencers like Sweeedoyin and Zerototom are optimistic about the Aave coin, anticipating future price gains. Amidst the bearish market, a new presale token, Angry Pepe Fork, has emerged, promising 50x gains in 2024. Here's how it might outshine Aave and Uniswap.
Uniswap (UNI) Faces Resistance At the 200-day SMA
Being one of the largest DeFi coins in the market, Uniswap (UNI) is showing negative movements on the weekly and monthly price charts. According to price data from CoinMarketCap, the Uniswap price chart is in the red zone, fluctuating around the $7 range.
However, ArpitTrader predicts that the price of Uniswap might rise to $9.652 in the next trading sessions. To reach this level, the bulls must cross the 200-day SMA at $8.87. On the flip side, any bearish movement will invalidate this forecast and could send Uniswap to new lows.
Aave (AAVE) Is Undervalued, Says Crypto Influencer
Apart from Uniswap, another DeFi coin that is trading in the red region is Aave (AAVE), the native token of a top lending protocol. According to price data from CoinMarketCap, the Aave coin has been in an accumulation phase since 2022. On the monthly chart, the price of Aave is exchanging hands between $75 and $105.
According to analysts like Zerototom, the cryptocurrency is still undervalued and gives a future price target of $300-$400 in the coming years. Sweeedoyin called Aave a sleeping giant and gave three price targets when it wakes – $153, $296, and $455. However, reaching this range will depend on the sentiment in the general market.
Angry Pepe Fork: The New Presale Gem To Watch Out For
Currently being sold at $0.014, Angry Pepe Fork is among the new presale coins that market experts are banking on to lead the bull market. They are predicting a potential price surge of 50x, making it a good buy for both new and old investors. The Angry Pepe Fork project is set to revolutionize the meme coin sector with its “Conquer To Earn” mechanism.
Every zombie coin conquered increases the Annual Percentage Yield (APY) of users, which they will enjoy when they stake their coins. In addition to the increased APY, those individuals who demonstrate their commitment to the community are given additional rewards in APORK tokens, medals and badges of honor for their bravery.
There are three lock-in periods: 30, 60, and 90 days. Users can choose any one according to their risk level. Its unique tokenomics – a limited supply of 1.9 billion tokens – has also made market observers believe that the value of Angry Pepe Fork will increase in the future.
The platform's smart contract has been audited by SolidProof, indicating that it is a safe investment and there is nothing to be concerned about. There is currently a 10% bonus for buyers which will end on July 12th. All you need to do is use the code APORKS1.
In Summary
The DeFi coins, Uniswap, and Aave, are dealing with bearish pressure and could fall to new lows in the coming weeks, depending on the movement of the general market. As regards the presale gem, Angry Pepe Fork, its features and potential have been examined by market observers. They believe it can outpace the price growth of both Aave and Uniswap before the year ends.
Website: https://angrypepefork.com/
Presale: Visit Angry Pepe Fork Presale
Telegram: https://t.me/AngryPepeFork
Twitter: https://x.com/AngryPorkCoin
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