The decentralized storage network Filecoin (FIL) has received support from a blockchain infrastructure-providing firm, GetBlocks.
Filecoin (FIL) has received support from a blockchain infrastructure-providing firm, GetBlocks. The new development will enable the deployment of smart contracts on the Filecoin Virtual Machine through the GetBlocks’ Blockchain Node APIs.
This is a good thing for developers and the Filecoin network as a whole. Further DeFi projects, play-to-earn games, and other applications to be integrated into the blockchain might come in the next few weeks. The use of Filecoin’s native token, FIL, might also rise as well.
Currently, the altcoin is seen to be in an upward trend from the $4.30 price level. According to Waleedahmed234, the price of Filecoin may rise to $8.667 in the next few weeks. Another analyst, Planfomo, has a higher price target of $18 for Filecoin.
On the other hand, a web3 enthusiast, GhostNFT, has discovered the next 100x memecoin called Angry Pepe Fork (APORK). The meme coin has gained wide attention due to its limited supply of $1.9 billion tokens. This limited supply places it at the same level as Bitcoin, which has just 21 million BTC, making it a coin that could become very scarce in the future.
APORK is a utility-based meme coin that is designed to out-perform the likes of Filecoin in both usage and adoption. The project has developed a novel “Conquer To Earn” system. In this approach, APORK community members converge to conquer zombie projects that hold no value. The aim is to remove them from the market as they are not useful in any way.
In return, the members are given APORK coins as a reward for their bravery and dedication. This is where it gets interesting. The more zombie projects that are removed, the higher the Annual Percentage Yield the group will earn. Therefore, their APY rises when they eliminate more dead projects.
However, the Angry Pepe Fork has a staking feature for its members. They can lock their APORK coins for either 30, 60, or 90 days, depending on their choice. However, the returns received depend on the lock-in period.
Going forward, Angry Pepe Fork plans to partner with other top projects to bring more utility to the ecosystem and the APORK coin. Smart investors are buying APORK at $0.014 per coin before it increases.
Analysts predict that the value of the memecoin will increase by 20x during the presale phase and 35x after it has been listed on top exchanges. This is the best time to join the best cryptocurrency and start earning. You can start staking your APORK coins and earning rewards before the project launches officially.
The Filecoin ecosystem is expanding every day thanks to numerous partnerships from top firms like GetBlocks. The latest collaboration could attract more developers to the network in the future.
Meanwhile, investors are trooping to the Angry Pepe Fork project to stake their presale tokens for annual returns. It has become the best crypto investment for those who want to earn passive income.
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