The post DADDY Meme Coin Soars, Analysts Predict Massive Price Pumps for Dogecoin and Angry Pepe Fork appeared first on Coinpedia Fintech News
Celebrity meme coins are gaining momentum in the market every day. Several celebrities including the likes of Davido, Iggy Azalea, and many others, have joined the trend. The latest celebrity-backed memecoin that is causing commotion is Daddy Tate. Its bullish price movement has attracted attention in the past week. Meanwhile, two top meme coins, Dogecoin and Angry Pepe Fork have been forecasted to see massive profits in the coming weeks.
Daddy Tate (DADDY) Shakes the Meme Coin Market With Massive Rally
Solana-based memecoins are taking over the meme coin market, and it does not seem they will slow down anytime soon. Over the past week, the price of Daddy Tate (DADDY) has increased by about 500%, per data from DEXScreener.
The celebrity behind this price surge is former kickboxer Andrew Tate. Although he has been supporting the meme coin since June 11th, it was only recently that DADDY picked pace.
However, Tate claimed he was not making any money from the cryptocurrency. Bubblemaps thinks otherwise. They accused the ex-kickboxer of buying 30% of the DADDY’s supply before he started promoting it.
Dogecoin (DOGE); Analyst Gives Bullish Forecast
The largest memecoin by market cap, Dogecoin (DOGE) has been on a downward price movement in the past week. This move is responsible for the losses it now has on the weekly and monthly timeframes. CryptodailyTS forecasts that the value of Dogecoin could rise further in the short term as long as it remains above the support level of $0.145.
They expect the meme coin to reach $0.33 and $0.35 in the short term. In the long term, CryptodailyTS believes the Dogecoin price can climb as high as $0.57. On the flipside, the cryptocurrency might fall to new lows if it fails to hold the major support level.
Angry Pepe Fork (APORK) To Become the Next Big Solana-Based Memecoin
Another Solana-based memecoin that is gaining momentum in the market is Angry Pepe Fork (APORK). One major feature that makes it stand out is its conquer-to-earn approach. Through this model, Angry Pepe Fork hopes to remove the zombie meme coins lacking utility from the market.
The community, the Angry Pepe Fork army, will play an important role in this conquer-to-earn model. Members of the community who join in removing these zombies from the meme coin space receive free tokens and top rank in the Angry Pepe Fork ecosystem.
Members can also work together to defeat zombies and raise their APY, which depends on the number of zombies they are able to kill. The cool part is that players can start doing this from the presale stage to increase their earnings.
Analysts expect Angry Pepe Fork to surpass other top projects in the meme coin space like Dogecoin and Pepe. Its circulating supply of just 1.9 billion tokens makes it one of the rarest in the market. The project is also in connection with other partners to add utilities to the APORK token, which is priced at $0.014. Analysts expect a 250% price increase during the presale and 350% in the coming weeks.
Final Thoughts
While Daddy Tate is rising on the price charts, analysts have predicted more upward price movements for the top meme coins, Dogecoin, and Angry Pepe Fork. They see Angry Pepe Fork soaring above Daddy Tate in the coming weeks due to its utility and earning potential.