Altcoins
Near Protocol allocates $13 million for decentralized development; These top altcoins also show potential to dominate the DeFi market » The Merkle News
In recent news, Near Foundation has made headlines in the altcoin market with a development that is poised to increase the value of its network over time. To fund a new platform called Nuffle Lab, Near has raised up to $13 million and is set to explore advanced modularity and decentralization. While this development is attracting investors to the Near Protocol token, Angry Pepe Fork (APORK), the latest meme coin with DeFi functionality, is also sharing the spotlight. Aiming to reach unprecedented heights, Angry Pepe Fork is exuding bullish sentiment alongside the Stacks token, whose network is set for a huge investment from Grayscale.
Angry Pepe Fork (APORK) is the hottest meme coin poised for DeFi supremacy
Although this Angry Pepe Fork (APORK) has just launched and is in its first presale phase, experts already have good information about its trajectory, especially thanks to its DeFi market features and earning mechanism. In addition to being able to earn collectively as a community with Angry Pepe Fork’s “Conquer to Earn” mechanism, the platform has also provided a staking dApp to allow users to continue earning.
Angry Pepe Fork’s “Conquer to Earn” mechanism works by granting members free $APORK tokens as they work together to help the platform move beyond stale meme coins. Its staking mechanism also allows lock up periods of up to 30,60 and 90 days, with a longer period representing a higher APY. Another feature that distinguishes this meme coin as one of the best cryptocurrencies to buy is its fixed increase every time the platform surpasses a meme coin.
THE $APORK The token that serves as the native currency of Angry Pepe Fork is already on sale at the broad price of $0.014 in the first phase of the presale, but analysts have predicted a 200% increase for the token at the end of the presale and an increase of more than 350% when listed on top-tier CEX and DEX platforms. And with more attention and frenzy coming from the meme coin market, Angry Pepe Fork should have no problem seeing a 1000% increase this year.
The platform has already promised that it will secure marketing and influence partnerships in its quest for multi-chain exploration and interoperability. These efforts are intended to further position Angry Pepe Fork in the spotlight, increasing the attention it will receive from the investor market, both in the DeFi and meme coin spaces.
Near Foundation presents Nuffle Labs with $13 million in funding; $NEAR ahead of upcoming earnings
According to a crypto analytics platform, the NEAR Foundation has just founded Nuffle Labs with a fundraising of $13 million. The foundation, which adheres to the Near Protocol (NEAR), decided to launch this project with the aim of improving the modularity and decentralization of the ecosystem.
Although strategically located between NEAR protocolEthereum and EigenLayer, Nuffle Labs’ plan is to leverage multiple platforms to improve the efficiency and resilience of Near Protocol in the DeFi market.
Meanwhile, this development could have a further positive impact on the NEAR Protocol token, increasing its ecosystem’s capabilities and attractiveness to developers and investors, potentially resulting in greater adoption and value of the native Near Protocol token, $NEAR.
The Stacks token prepares for the upcoming increase in value in the grayscale investment environment
As one of the best cryptocurrencies to buy in the altcoin market, Stacks has a unique approach to bringing smart contracts and decentralized applications (dApps) to the Bitcoin network. By leveraging the security and decentralization of Bitcoin, Stacks allows developers to build on Bitcoin without altering its underlying layer. This relevance has allowed the Stacks token to maintain a 300% increase year to date.
Additionally, Grayscale recently announced a Stacks Trust focused exclusively on investments in Stack. With a huge market player, making an investment move into the Stacks token, it could rank among the highest earning coins this year.
Can Angry Pepe Fork Overtake NEAR and STX Tokens to Dominate the DeFi Market?
Angry Pepe Fork has DeFi features that could preserve its relevance in the DeFi market. While achieving dominance among DeFi coins may not happen anytime soon, $APORK can draw significant interest from the DeFi space this year.
Visit the Angry Pepe Fork presale
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