DeFi Coins RUNE and GRT Down Over 15% While Angry Pepe Fork Receives Recognition From Top Influencers

The Graph (GRT) and THORChain (RUNE) are two well-known DeFi cryptocurrencies that have recently experienced a price dip of over 17%, which has prompted traders to diversify their holdings in order to get the most out of the market. 

Out of the many cryptocurrencies available, the key crypto that has gained the most attention is Angry Pepe Fork due to its innovative Conquer to Earn model. Today, we will go over its on-chart performance to see just how far it can climb in 2024 and beyond. 

The Graph Dips 20% but Recovery Remains a Possibility

The Graph (GRT) has displayed bearishness on the charts as it dipped 20% within a single week, as its value initially saw a peak at $0.22 before moving back down to $0.18. Due to this, the sentiment for the future of The Graph crypto is now bearish. 

For this to change, The Graph price will need to regain bullish momentum and not only reach $0.22 again, but potentially breach even above the $0.25 resistance point. According to The Graph price prediction, it can end the year, optimally, at $0.2971.

THORChain Price Goes Down 17% As It Battles to Recover

THORChain (RUNE) is also displaying bearish metrics on the charts, and has dipped 17%. As a result, while the high point for the THORChain price was at $4.30, it has since dipped to $3.57.

For this sentiment to shift, the RSI and MACD data points need to recover, where the THORChain crypto would move past $5 and potentially pave the way for an even higher uptrend. According to the THORChain price prediction, this crypto can end Q4 of 2024 at $6.43.

Angry Pepe Fork Receives Recognition From Influencers

Angry Pepe Forkis emerging as a serious contender within the Web3 space. It introduces a novel "Conquer to Earn" model, designed to incentivize user participation and potentially generate significant returns for holders. 

A 30-day staking option allows newcomers to explore the ecosystem with minimal commitment. For experienced traders seeking amplified returns, the 60-day time-frame is also available which can provide a higher yield. For those seeking maximum returns, the 90-day staking option could represent the most efficient path.

Project participants collectively benefit from a robust token staking mechanism. The Annual Percentage Yield (APY) associated with staking progressively increases as the project conquers more "zombie meme coins" with its ecosystem. Additionally, individual participants are incentivized by the potential for amplified rewards. 

These rewards, distributed in the form of tokens, are contingent upon demonstrably measurable contributions within the project. These contributions elevate a participant's standing within the community and garner recognition for their achievements. Notably, staking opportunities are available even during the presale, offering an additional avenue for early investors to generate returns before the project's official launch. 

Unlike many memecoins plagued by volatility, APORK takes a strategic approach to promote long-term stability and growth. By limiting its total token supply to 1.9 billion, it mirrors the successful scarcity model employed by projects like Bitcoin with its 21 million token cap. This capped supply aims to create a more predictable price environment and potentially drive up the value of APORK as time passes.

The project's commitment to security is underscored by a rigorous audit conducted by SOLIDProof, a leading blockchain security firm, and more than that, the crypto trades at just $0.014 during the first presale stage. MORTY on X, a prominent crypto influencer with over 110,000 followers, specifically highlighted the utility of APORK's "Conquer to Earn" model. This recognition positions APORK as a project to watch within the memecoin space, and analysts are projecting a 100x price uptrend following its launch. 

Which DeFi Token Can Spike the Most in 2024?

It's clear that while The Graph and THORChain are battling to recover, Angry Pepe Fork has already become a dominant force in the industry, and at this rate could exceed expectations and provide major returns for traders who jump into it during the early presale stage. 

Website: https://angrypepefork.com/

Presale: Visit Angry Pepe Fork Presale

Telegram: https://t.me/AngryPepeFork

Twitter: https://x.com/AngryPorkCoin

Source: https://thebittimes.com/defi-coins-rune-and-grt-down-over-15-while-angry-pepe-fork-receives-recognition-from-top-influencers-tbt96129.html