Celebrity-endorsed meme coins continue to make waves in the market, with notable figures like Davido, Iggy Azalea, and others joining the trend. The latest sensation in this realm is Daddy Tate (DADDY) coin, which has witnessed a remarkable surge in its price, sparking excitement among investors. Alongside, analysts foresee significant upward movements for established meme coins like Dogecoin and the emerging Angry Pepe Fork.
Daddy Tate (DADDY) Captivates the Meme Coin Arena with Impressive Rally
Solana-based meme coins are dominating the market, showing no signs of slowing down. Daddy Tate (DADDY) has notably surged by approximately 500% over the past week, as per data from DEXScreener.
The driving force behind this surge is former kickboxer Andrew Tate, who has been actively supporting the meme coin since June 11th. Although Tate claims to not profit from the cryptocurrency, Bubblemaps alleges that he acquired 30% of DADDY’s supply before initiating promotion activities.
Dogecoin (DOGE): Bullish Projections from Analysts
As the largest meme coin by market cap, Dogecoin (DOGE) has experienced a downward trajectory in recent days, resulting in losses over weekly and monthly periods. CryptodailyTS remains optimistic, predicting potential short-term gains for DOGE as long as it maintains support above $0.145.
Forecasts anticipate DOGE reaching levels of $0.33 and $0.35 in the short term, with long-term projections aiming for as high as $0.57. However, failure to sustain the major support level could lead to new lows for the cryptocurrency.
Angry Pepe Fork (APORK): Rising Star in Solana-Based Meme Coins
Another standout in the Solana-based meme coin space is Angry Pepe Fork (APORK), gaining traction with its unique conquer-to-earn model. This approach aims to eliminate non-functional meme coins, termed ‘zombies,’ from the market.
The Angry Pepe Fork community, known as the ‘APORK army,’ plays a pivotal role in this model. Active participation in removing these ‘zombies’ rewards members with free tokens and higher ranks within the Angry Pepe Fork ecosystem. Collaboration to defeat zombies boosts members’ APY, tied to the number of ‘zombies’ eliminated, starting from the presale phase.
Analysts project APORK to outshine established players like Dogecoin and Pepe, citing its limited circulating supply of 1.9 billion tokens as a rarity in the market. Collaborations with partners to enhance APORK’s utility and a presale token price of $0.014 are expected to drive a 250% increase during the presale phase and a 350% surge in the near future.
In Conclusion
While Daddy Tate continues its ascent, analysts anticipate further positive movements for top meme coins like Dogecoin and the promising Angry Pepe Fork. The latter’s utility-driven approach and earning potential position it favorably for substantial growth, potentially surpassing Daddy Tate in the weeks to come.
