The post Ethereum Nears Big Recovery As Fantom (FTM) and Angry Pepe Fork (APORK) Set New Records appeared first on Coinpedia Fintech News
Crypto strategist Jason Pizzino has said that one key indicator suggests the leading altcoin, Ethereum (ETH), is gearing up for major rallies. Meanwhile, Fantom (FTM) has committed over $144m to an accelerator program, while Angry Pepe Fork (APORK) has become number one on the list of altcoins to watch.
Pizzino Says Ethereum (ETH) is Near a Big Market Recovery
In a new video analysis, Jason Pizzino said that the average true range (ATR) indicator suggests the Ethereum (ETH) is gearing up for rallies. Looking at the chart shared by Pizzino, Ethereum’s ATR looks to fall as ETH trades within a triangle structure.
Based on his prediction, the price of Ethereum may abruptly spike, leaving investors who are not prepared in the dust. From its current price range around $3,300, many analysts are optimistic Ethereum could trade above $5,000 before the year ends.
Fantom (FTM) Commits $144 Million To Accelerator Program
In a new blog post, the Fantom (FTM) Foundation has revealed that it is to invest more than $114m in FTM for the development of the Sonic blockchain. This new fund is intended to fast-track the onboarding of dApps and other partner apps into the Sonic network. Sonic is a high throughput layer one chain with a native layer two chains connected to ETH.
Despite the massive amount set aside for development, the Fantom altcoin has remained bearish for most of the year. The price of Fantom has plunged by 30% over the last month, losing most of its gains this year. The lack of bullish momentum being shown by FTM has led some investors to migrate to the more promising APORK.
Investors Turn To Angry Pepe Fork (APORK) for Gains
During the ongoing crypto market decline, Angry Pepe Fork (APORK) has become the safe haven for investors looking for gains. The price of APORK has remained strong at the $0.014 range while other top altcoins face declines. What solidifies APORK’s claim as the best cryptocurrency to buy is its potential for a 100x price surge.
Industry experts are optimistic that Angry Pepe Fork will outshine the likes of Ethereum and Fantom because of the new concept it brings to the market. Angry Pepe Fork is looking to change the narrative of meme coins, creating a new “Conquer To Earn” concept to remove zombie meme coins from the market while rewarding its community members.
Community members who play an important role in removing these zombie coins and establishing APORK as the number one coin in the meme space will be rewarded with APORK tokens and badges. That’s not the only way to earn on the Angry Pepe Fork platform. The community can collectively earn through staking and rewards will depend on how long they stake for.
Angry Pepe Fork has three staking periods available: 30 days, 60 days, and 90 days. The higher the staking period, the higher the returns. Angry Pepe Fork is ranked as the best cryptocurrency to buy because of its potential to change how we view an entire market. It is currently priced at only $0.014, a cheap entry into the next big thing on the Solana network.
Conclusion
While top altcoins, Ethereum and Fantom, are faced with overwhelming bearish pressure, investors continue to turn to Angry Pepe Fork. With its new concept, earning opportunities, and growing community support, APORK is now one of the top altcoins to watch for the second half of 2024.