Ethena USDE market cap hits $3B, SOL keeps pace as new memecoin set to surge

crypto news Solana option07

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Ethena USDE’s market cap crosses $3B, rivaling Solana’s pace. Attention also on Angry Pepe Fork, a Solana memecoin challenging “zombie memecoins”.

Not many altcoins are keeping up a positive momentum, but the few which are burgeoning this week seem to be giving off a bullish signal. For instance, Ethena USDE stablecoin’s market cap just surpassed the $3B mark, reflecting a very bullish ascent from 18th of May till now. While this stablecoin is rivaling Solana’s momentum, investors from the altcoin market are directing their attention to these coins.

Meanwhile, there has been a notable focus on Angry Pepe Fork (APORK). The Solana-based memecoin is proving to be the new wave in the memecoin space with a communal motive to surpass all “zombie memecoins”.

Ethena USDE market cap spikes above $3b showing positivity 

Although, Ethena USDE is a stablecoin, the token still holds significant impact in the altcoin market and most especially in Ethena Labs ecosystem. Recently, the stablecoin climbed above $3 billion, after beginning a bullish ascent from $2.41 billion on the 18th of May. 

This quick ascent has been likened to Solana’s recent momentum, drawing stablecoin investors to consider this token among the best cryptos to buy. However, not only is Ethena USDE token almost immune to high volatility, its market cap increase also signals more investors interest and increased network activity in the market.

Solana token keeps up positive pace despite slight setbacks in price

Having appeared to be one of the pacesetters in the altcoin market, Solana (SOL) price momentum has been under close monitoring. Despite navigating a noticeable price decline in the past week, Solana’s monthly chart still suggests a positive outlook. In fact, Solana is currently recovering from its weekly loss and is only yet to recover a little less than 3% deep.

In comparison, Solana price trajectory still maintains a monthly increase of over 14%, trading within the range of $146, and $165. Meanwhile, the native SOL token had previously soared to a monthly peak of over $186, before it subsequently settled below the $170 threshold.

Given that the altcoin season is still very much in full swing, Solana price is expected to resume its price ascension and potentially break through the $200 threshold in a matter of weeks from now. While market analysts anticipate the possibility, Solana’s obvious resilience in the face of volatility has earned it a spot among the best cryptos to buy now.

Angry Pepe Fork in line to be the next breakthrough Solana memecoin

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. Moreso, if you are a big fan of the Angry Pepe Frog or missed the opportunity to the native Pepe coin early, then this crypto project may interest you so much.

Unlike Pepe coin, Angry Pepe Fork comes with a twist which distinguishes it in the market as a standout memecoin. Notably, this new meme stands out largely due to its unique “Conquer-to-Earn” system. The main purpose of this system is to allow users earn token rewards by working together to surpass stale memecoins in the market.

But that’s not even the best part. Another intriguing attribute of APORK is its staking system which allows participants to lock up their tokens for 30, 60, or 90 days in order to gain higher staking rewards. In addition, Angry Pepe Fork is seeking to create multiple revenue streams for its users to earn more tokens; hence, it is planning to secure partnerships with various institutions— a move that could draw in substantial interest in the altcoin market.

Currently in the initial phase of its presale, the native APORk token is priced at a modest $0.014, with expectation to deliver up to 200% ROI by the end of the presale. Meanwhile, Angry Pepe Fork has undergone a security audit by SOLIDProof for its smart contract to gain its users trust and confidence. In addition to increasing loyalty to the platform, this move also positions APORK token for success while ranking it among the best crypto coins to buy.

Can Angry Pepe Fork mirror the success of top memecoins on the Solana network?

Angry Pepe Fork is a utility-backed memecoin which focuses more on sustainability than mere hype as in the case of most memecoins. By introducing a “conqueror-to-earn” system, the APORK token is set to power a thriving economy. This project stands at an advantaged position than most hype-driven tokens and fits perfectly among the best meme coins to buy now.

For more information, visit the Angry Pepe Fork presale website.

Disclosure: This content is provided by a third party. does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Source link

About The Author

Scroll to Top