Markets
Solana-Based Memecoin Launches with a Bang, as Brett Reaches $1 Billion Market Cap
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The new Solana-based memecoin, Angry Pepe Fork, makes waves in the market as Brett reaches a market capitalization of $1 billion.
The cryptocurrency market is experiencing a huge increase and interest in memecoins. New memecoins like Brett, launched a few months ago, have reached a market capitalization of over $1 billion. Meanwhile, a new memecoin based on Solana has been called Angry Pepper Fork has entered the market with the power to rival other major memecoins on the market.
New Solana-based memecoin shakes up the market
A report from bdc.consulting reveals that the memecoin space is among the fastest growing niches in the cryptocurrency market right now. More than 1,000 memecoins have been launched on the market in recent months. One of them is currently making waves in the crypto community and the name is Angry Pepe Fork (APORK).
Another essential factor that could prove that Angry Pepe Fork is a good cryptocurrency to buy is that it is associated with the Solana network. Since it is a memecoin on the Solana network, it is able to take advantage of the fast transactions and low costs of the Solana network.
The other reason is that Angry Pepe Fork has a use, which is a concept that sets it apart from other memecoins that are just based on hype. Angry Pepper Fork holders can stake their APORK tokens to earn passive income. However, the amount they can earn depends on how many tokens they have staked and how long they are willing to leave it.
The Angry Pepe Fork staking protocol has three different periods that players can choose from. First, there is the 30-day period, which is mainly for newbies who are new to the memecoin space and want to check if the staking rewards are real. Secondly, there is a 60 day period. This period is for experienced cryptocurrency lovers who have little knowledge about staking.
Finally, there is the 90-day period, mainly reserved for veterans and generals who want to earn a lot. However, only those who own the APORK coin can enjoy the staking rewards and earn free tokens on the battlefield. The APORK token is on sale for just $0.014.
Brett’s market capitalization exceeds $1 billion
Brett (BRETT), a new memecoin created by Matt Furie, shook the entire cryptocurrency market with a meteoric surge. Data from CoinMarketCap shows that the memecoin’s market capitalization has surpassed $1 billion. This is a great achievement for memecoin, given that it was launched in February this year, which is less than three months ago.
Meanwhile, one of the few memecoins that has reached a market capitalization of $1 billion in less than three months is Brett. It took longer for popular memecoins like Dogecoin and Pepe to achieve the same feat. Aside from the increase in market cap, Brett’s price movement has been extremely positive.
Based on data from CoinMarketCap, Brett’s price has increased by 62% over the past week. Over the past month, the memecoin price has increased by 181.0%, making it one of the best memecoins in terms of price movement.
In short
Angry Pepe Fork is here to change the status quo and could be the first Solana-based memecoin to reach the second position in the memecoin market, making APORK a good cryptocurrency to buy now. As a result, it can be noted that Brett’s market capitalization could even continue to increase in the coming weeks if the market remains bullish.
For more information visit Angry Pepe Fork presale site.
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