Two top altcoins, Solana (SOL) and Litecoin (LTC), are seeing a major uptick in their active addresses despite their stalling price actions. While this rise in network activity hints at a potential price increase, Angry Pepe Fork (APORK) is one of the new meme tokens grabbing all the headlines in its presale. Thanks to its hot start in presale funding, market experts are tipping it to be the next 100x token.
Solana (SOL) Beats Ethereum in Number of Active Addresses
The faster network speed and lower transaction costs earned Solana (SOL) the title of an Ethereum killer. On-chain data shows that Solana is now gradually growing into this role. In May, TheBlock reported that Solana recorded over 41.65 million active addresses, compared to Ethereum’s 15.38 million.
In addition, the number of developers joining and being retained on the network has also increased. These positive developments along with the growing calls for Solana ETFs, have improved the outlook of the SOL coin. While the Solana price has remained around the $160 range, market experts are forecasting highs of up to $500 this year, making it one of the best altcoins to invest in now.
Litecoin (LTC) Network Activity and Active Addresses Skyrockets
Litecoin (LTC) is one of the top altcoins that has also recorded an uptick in its network activity and number of active addresses. IntoTheBlock recently reported that Litecoin’s network active addresses recently skyrocketed by 75% to peak at its highest level since January and surpassed Ethereum by over 100,000.
The number of transactions on the Litecoin network also increased substantially, hitting 426,000 transactions. Despite its network growth, the price of Litecoin has failed to live up to the expectations of many investors. Over the last year, while Bitcoin has increased by 170%, LTC is up by only 4%. As a result, many Litecoin investors are on the search for the best altcoins to invest in to get better returns.
Angry Pepe Fork (APORK) Emerges As the New Memecoin Star for 2024
Angry Pepe Fork (APORK) is one of the new meme tokens that has been gaining a lot of attention for good reasons. The presale of APORK is fast selling out because of the novel MemeFi model of Angry Pepe Fork that strategically introduces Decentralized Finance (DeFi) into the meme coin space.
A core component of the MemeFi Angry Pepe Fork has introduced is “Conquer To Earn.” This new model enables members of the community to be able to earn in cooperation with others in order to defeat zombie meme coins and get the best returns possible. The more zombie coins conquered, the higher the APY members of the APORK army will earn.
Angry Pepe Fork also brings improved tokenomics to the meme coins space, creating only 1.9 billion APORK tokens. By adopting a small number of tokens, Angry Pepe Fork hopes to induce scarcity into APORK, a strategy that will work to increase the price of the token in the future.
Because of its improved overall design and decision to transform meme coins, APORK has been tipped by market experts to become the next 100x Solana-based token. The token is very affordable, at a price of only $0.014 per coin, in the first stage of its presale. So, if you missed out on the likes of Bonk and Dogwifhat, now’s a great opportunity to join the Angry Pepe Fork army.
Conclusion
The increasing network activity for Solana and Litecoin hints that these altcoins could be set for a major price increase. However, the emergence of Angry Pepe Fork has raised even more attention, as it could be the future face of the rapidly growing meme coin market.
