PROMO
by BSCN
June 17, 2024
Solana-based memecoins like DADDY and APORK see meteoric growth. Analysts predict a 53% increase for Solana.
The number of Solana memecoins entering the crypto market has increased tremendously over the past month thanks to the pacesetter, Bonk, which started everything late last year. Two of such memecoins, Daddy Tate and Angry Pepe Fork, are making waves in the market now. On the other hand, Solana is expected to rise 53% in the next trading session.
Andrew Tate, one of the influential personalities on social media platforms, continues to make headlines in the crypto sector. This time, he is in the news for supporting a Solana-based meme coin called Daddy Tate (DADDY).
The value of the memecoin has increased by more than 1,500% in the past week, outshining Iggy Azalea’s MOTHER coin. The price pump comes after Tate tweeted that he has never seen MOTHER best DADDY.
This single tweet led to high social sentiment, which pushed the meme coin to its current price level. While Daddy Tate coin is bullish now, it could suffer losses in the coming days if the hype dies down.
The recent market correction has impacted most major cryptos and this includes the Ethereum Killer Solana (SOL). The price of Solana on the weekly chart has declined by 14%, according to data from CoinMarketCap.
On the flip side, Solana is trading in the green on the monthly and yearly timeframes despite its price drop on the daily and weekly timeframes. The famous crypto analyst Ali Martinez has predicted that the Solana price is likely to rise by 53% in the coming weeks. However, he recommended focusing on two critical levels.
The first one is a support level located at the support zone at $143, and the second one is the resistance level at $178. A failure to hold the support level would disprove the prediction, while a break out past the resistance level would confirm it.
A unique approach has placed Angry Pepe Fork (APORK) in the limelight. Experts believe this Solana-based meme coin will outshine Dogecoin and Floki due to its utility-focused ecosystem, which features a staking option and “Conquer to Earn” mechanism.
The community-driven “Conquer to Earn'' incentive lets members earn more APORK tokens by helping Angry Pepe Fork weed out all zombie coins from the meme coin space. In return, members are given free APORK coins.
Also, the platform’s staking feature allows stakers to earn APY by locking their APORK tokens for 30, 60, or 90 days. The APY rises according to the lock-in period. So, members are advised to stake their tokens for longer periods.
While 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 work with partners and other platforms to add more utility to the APORK token and improve user experience. Currently trading at $0.014 in its first presale stage, the APORK coin is expected to climb by 200% during the presale.
While DADDY and Angry Pepe Fork are representing Solana meme coins very well, Solana is getting set to regain the $200 price level. As one of the top altcoins in the market, market watchers are very bullish about Solana and its future price trajectory.
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