DeFi
Angry Pepe Fork Emerges as DeFi’s New Hidden Gem Set to Eclipse Uniswap and Aave
The DeFi market is witnessing an increase in selling pressure, which has affected the price movement of DeFi coins like Uniswap and Aave. While Uniswap’s price has been falling on the weekly and monthly price charts, ArpitTrader indicates that it could soon surge to $9,652.
In addition, Sweden and Zerototom are bullish on the Aaave coin and expect profits in the future. Amid the bear market, a new presale token called Angry Pepe’s Fork has emerged with the potential to deliver 50x gains by 2024. Let’s see if it can outperform Aave and Uniswap.
Uniswap (UNI) Faces Resistance at 200-Day Moving Average
Uniswap (UNI), one of the largest DeFi coins in the market, is showing negative movement on the weekly and monthly price charts. Price information for CoinMarketCap reveals that Uniswap price chart is trading in the red zone and is now fluctuating around $7.
However, ArpitTrader predicted Uniswap price could surge as high as $9.652 in the coming trading sessions. To reach that level, Uniswap bulls need to break above the 200-day moving average at $8.87. On the other hand, any bearish move would invalidate this forecast and could send Uniswap to new lows.
Aave (AAVE) is Undervalued, Says Crypto Influencer
Besides Uniswap, another DeFi coin trading in the red region is Aave (AAVE), the native token of a leading lending protocol. Price data from CoinMarketCap shows that Aave coin has been in an accumulation phase since 2022. Aave price is trading between $75 and $105 on the monthly chart.
Analysts like Zerototom say The cryptocurrency is undervalued and gives a future price target of $300-$400 in the coming years. Gently Aave has labeled it a sleeping giant and has set three price targets for when it wakes up: $153, $296, and $455. However, whether this range is reached will depend on the overall market sentiment.
Angry Pepe Fork, the new jewel on pre-sale
Currently selling at $0.014, Angry Pepe Fork is among the new pre-sale coins that market experts are counting on to lead the bull market. They are predicting a potential 50x price increase, positioning it as a good buy for new and old investors. The Angry Pepe Fork project aims to transform the meme coin industry with its “Conquer To Earn” mechanic.
Each zombie coin conquered increases users’ Annual Percentage Yield (APY), which they will benefit from when staking their coins. In addition to the increased APY, those who demonstrate their commitment to the community receive additional rewards in the form of APORK tokens, medals, and badges of honor for their bravery.
There are three lock-up periods: 30, 60, and 90 days. Users can choose who they want based on their risk level. Its unique tokenomics – a limited supply of 1.9 billion tokens – has also led market observers to believe that the value of Angry Pepe Fork will increase in the future.
SOLIDProof has evaluated the platform’s smart contract, which means it’s a safe investment and you have nothing to worry about. There’s currently a 10% bonus for buyers that will end on July 12th. All you need to do is use the code APORKS1.
In summary
DeFi cryptocurrencies Uniswap and Aave are facing bearish pressure and could fall to new lows in the coming weeks, depending on the overall developments. As for the presale gem, Angry Pepe Fork, market observers have been looking at its characteristics and potential. They believe that it can surpass the price growth of Aave and Uniswap before the end of the year.
Website: https://angrypepefork.com/
Presale: Visit the Angry Pepe Fork Presale
Telegram: https://t.me/AngryPepeFork
Twitter: https://x.com/AngryPorkCoin
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality and accuracy of the materials contained in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.