The memecoin wars are brewing up once again, and this time, it is not just the old-time rivals like $SHIB and $DOGE going head-to-head. From DOGE and SHIB to PEPE, there is a rise in memecoin investing. The memecoins market cap currently stands at $62.4B, a 2.6% rise in just 24 hours.
Shiba Inu is also re-emerging in the market with a clear goal to touch the $0.0001 target. With its strategic burning mechanism and community engagement, this target seems closer than you think.
On the other side, new age tokens, especially with a presale buzz like the $APORK coin, are finding new interest from investors. With all the speculations around the memecoin space, will the next 10X jump come from OG tokens like SHIB or the new age rivals like $APORK coin?
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Can Shiba Inu Hit $0.0001?
Source: CryptoRank
Shiba Inu, a token that once defined the altcoin season in 2021, is showing signs of life again. With the introduction of Shibarium – layer 2 scaling solutions for Shiba Inu, increased on-chain activity with SHIB The Metaverse, and the burning mechanism that has already burnt 410T coins from the circulation, Shiba Inu is reigniting that hope for $0.0001.
The burning mechanism is now in place to support the expansion of the Shiba Inu ecosystem with dApps, staking portals and real-world utility, adding to the features of Shiba Inu
But, with all this hype around the coin, you will still find the overbearing weight of a massive circulation to be a concern. A gap between promise and performance is now being exposed, and a new age coin, $APORK, is thus impressing many.
$APORK: The Memecoin With a Shot at $0.01?
Angry Pepe Fork ($APORK) coin is gaining attention, even during its presale stage, because of its unique approach to developing a sustainable ecosystem. Despite referencing the meme legacy of PEPE coin, the $APORK coin is a lot more than that.
$APORK is positioning itself as the next-gen memecoin that capitalizes on community engagement, real-world utility, and rewarding loyalty principles. $APORK has a limited supply of 1.9B tokens, out of which 380M are currently offered in the presale.
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Some of these features of the $APORK coin are intriguing investors, thus raising hopes that it can touch $0.01:
- The CommunityFi feature rewards the loyalty of the users. So, users can earn rewards for promoting the token on social media, creating posts, and supporting the virality of the coin.
- You can also wager and win $APORK during on-chain mini games, through the GambleFi feature, after the launch.
- The later phases of $APORK also involve multi-chain bridging and launching on the Solana chain, apart from ETH and BNB currently.
- Staking your $APORK also earns 10,000 %+ APY during the presale.
Conclusion
While Shiba Inu has a head start in this race, $ APORK’s strengths include agility, lower supply, and a fresh narrative pathway. With a total cap of $1.9B and the soft target for presale getting closer, investors in $APORK are not just seeing $0.01 as a dream.
That being said, it is always a great practice to perform your own research before making any financial decision.
