Cardano (ADA) Leads Social Interest Among Altcoins; Analyst Predicts Price Pump
Santiment has reported that Cardano (ADA) has been leading social interest among top altcoins since its Voltaire Upgrade was recently announced.
Cardano (ADA) has surged in social interest following the announcement of its Voltaire Upgrade. This upgrade will bring several new features to Cardano, including the ability to create and trade smart contract NFTs. The network’s growing decentralization is also a hot topic of discussion.
One crypto analyst has predicted a major price rally for Cardano in response to the Voltaire Upgrade. Sebastian predicts that the upgrade, which will also improve smart contract efficiency, could propel the price of Cardano to $2 by August.
Another altcoin that has been trending for its recent price pump is Stacks (STX). This altcoin is one of the few that have recorded a double-digit price increase on the weekly chart. The price of Stacks now stands around the $2.50 support, but could rise even higher soon.
The recent price pump comes as Stacks announces Code For STX, a new program that will incentivize developers to continue building on the network. This announcement is particularly noteworthy in light of the increased demand for DeFi projects on the Bitcoin network. As a market leader in this niche, the price of STX is likely to continue rising. Some experts have set their 2024 price target as high as $7.
Despite the meme coin market’s recent surge to a valuation of over $70 billion, one common criticism is its lack of utility. Enter Angry Pepe Fork (APORK), a new presale project that aims to change the game.
The Angry Pepe Fork builds the brand new “Conquer To Earn” protocol to eliminate zombie meme coins from the market. Members of the community can collectively earn for playing a part in removing these coins from the market.
As Angry Pepe Fork, one of the few DeFi projects in the meme market with utility, climbs up the ladder, the APY issued to its dedicated community increases. Another key feature that sets APORK apart from other meme coins is its tokenomics model.
Angry Pepe Fork created only 1.9 billion $APORK tokens, in comparison to Shiba Inu’s 589 trillion tokens and Dogecoin’s unlimited supply. This will induce scarcity and increase the value of $APORK. Because of these features, APORK has been tipped to become the next 100x token on the Solana network. Now priced at only $0.014 in its first presale stage, APORK offers a great opportunity to investors.
News source:https://www.kdj.com/cryptocurrencies-news/articles/cardano-ada-leads-social-altcoins-analyst-predicts-price-pump.html
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