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Meme coin popularity has been on the rise since the beginning of the year, following the boom of the TRUMP coin. However, there has been a slight drawback following the global economic crisis; the recent spike in SHIB trade is reopening the bull talks. Meanwhile, there is a spotlight on a new ERC-20 token, Angry Pepe Fork ($APORK), which has continued to show potential to boost up to 10,000% APY using a compound mechanism.
Here is a breakdown of the market as the SHIB whale continues to drive a positive sentiment to the market and why the $APORK token could dominate the next rally.
Why Shiba Inu Whale Move Could Signal A Market Turn
The crypto market has faced a general bearish turn in the last 48 hours following news of the Middle East crisis, recording over 8% market drop. However, the rising activities from the whales could suggest a potential breakout coming soon. According to historical data, a large number of crypto traders have continued to move SHIB at a concerning rate.
There have been varying factors following this whale activity that a major spike could be coming. One such factor includes the recent Shibarium upgrade, which now features encrypted smart contracts. However, while this upgrade has been something of a big deal for the SHIB community, the adoption rate has remained generally low. Investors are now on the lookout for the SHIB price to break the major level between $0.000010 and $0.000013, which could trigger a further drive upward.
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Could The Revival Of The Meme Coin Market Be Near?
Analysts believe the meme coin market could be near a rebound as BONK, FLOKI, and WIF continue to show strong resilience. But the real deal could come with a changed sentiment following the 61% volume spike from SHIB. The SHIB spike is becoming a key focus following the dynamics of the market at the moment.
One of the major factors tilting the meme coin market towards a break includes how Bitcoin has continued to consolidate above $100k, bringing stability to the general crypto market. This stability has continued to fuel an altcoin season, which many believe could start with the meme coin market.
Angry Pepe Fork Leads New Investment Drive With 10,000% Plus APY
The viral community of the Angry Pepe Fork is getting stronger, with the presale breaking ahead with over $240k in its first few days. While SHIB whales continue to battle meme coin market dominance, the $APORK token is stealing the show with utility that could see it stay ahead of the race in the coming days. The Angry Pepe Fork project mixes a staking reward that uses a compound mechanism to reposition its value proposition, setting up a reward that sees it return up to 10,000% APY.
Early adopters of the Angry Pepe Fork project can start staking as soon as possible to start compounding their return, which could see them earn up to 10,000% by the end of the year. This model, combined with the deflationary mechanism of the Angry Pepe Fork project, has made it a choice of many investors who are now actively involved with its presale.
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