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Dogecoin Price Surges Following Support From Elon Musk, Can It Rival This New Solana Sensation?

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By on September 17, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Dogecoin Price Surges Following Support From Elon Musk, Can It Rival This New Solana Sensation? appeared first on Coinpedia Fintech News

From the start, Elon Musk has loved Dogecoin (DOGE). He has talked about it many times, and his posts have influenced the price of Dogecoin at various times. Something similar happened recently when he posted about DOGE in X. 

DOGE price did a follow-through after, but there hasn’t been a major price surge. The reason for this is the long-term downtrend in Dogecoin, which is explained by the lack of utility of Dogecoin. 

Investors are moving towards utility coins; the proof is the high traction in Angry Pepe Fork (APORK), one of the only utility memecoins.

What Did Elon Musk Post About Dogecoin (DOGE)?

Elon Musk, the billionaire founder of Tesla and SpaceX, has once again brought attention to the popular meme cryptocurrency Dogecoin (DOGE). In a recent post on his social platform, X (formerly Twitter), Musk mentioned the “Department of Government Efficiency”—a fictional government department he humorously claims to support. The name of the ‘department’ forms the acronym “DOGE.”

Musk’s comments have a history of influencing Dogecoin’s price. Before his post, Dogecoin struggled to break out of the channel, but now it has cleared the barrier and is trading above the $0.1 level. 

Additionally, Musk has sparked renewed interest in Dogecoin by hinting that it could be used as a payment method on X. 

Why Investors Think Angry Pepe Fork (APORK) Is The Next Big Thing

The meme coin market has surged recently, with Solana meme coins playing a key role in this trend. Angry Pepe Fork (APORK) is the latest addition, but it aims to stand out by offering real utility and earning opportunities, not just hype.

APORK is gaining attention with its innovative “Conquer-to-Earn” strategy. This approach rewards community members as they work together to push the coin higher in the meme coin rankings. Every time APORK surpasses another coin, members earn APORK tokens and other rewards.

The project also offers staking for holders. Staking will be available in the second phase of the presale, giving Angry Pepe Fork a competitive advantage.

Security is a priority for the Angry Pepe Fork platform, and no concerns have been raised. APORK is in the first stage of its presale, priced at just $0.025 per token. This makes it a prime opportunity to accumulate APORK tokens before they are expected to rise to $2.7 in November this year.

Visit the Angry Pepe Fork Presale:

Website: https://angrypepefork.com/

Telegram: https://t.me/AngryPepeFork

Socials: https://x.com/AngryPorkCoin

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