Solana meme coin markets are once again buzzing with activity, and Pepefork (PORK) has quickly become a favorite among retail traders positioning for the next bull run phase.
This article will provide an analysis of PORK’s current price trends and look to see whether another newer meme coin represents a more promising investment opportunity at this time.
PepeFork $PORK @PorkCoinETH pic.twitter.com/Eqp4Kd9QY4
— Yoss3xo.eth (@Yoss3x0) May 20, 2024
It’s evident that Solana meme coin markets have transformed into the epicenter of activity in the 2024 bull market, attracting retail traders globally who are eager for substantial returns.
Now, in the latest overnight skyrocket, frog-themed Pepefork has exploded in the charts, and it could be set to go a whole lot higher.
PORK Price Analysis: Pepefork is Due to EXPLODE, and This Other Coin Will Follow Suit (You Don’t Want to Miss This)
As Pepefork holds form in the emerging upside trading channel, PORK is currently trading at a market price of $0.00001662 (representing a 24-hour change of +447%).
This comes after PORK price exploded upon launch, in a magnificent +2,500% opening move that saw quick-fire success on the Raydium DEX market.
A minus -85% price correction has ensued in the hours since, in a typical reflection of Solana meme coin volatility, yet, in a key sign of strength, support has been established above the $0.0000125 price level.
In recent hours, upside price action appears to be resuming with a new trading channel forming with growing divergence in the Bollinger band, suggesting increased elasticity in volatility – symptomatic of an impending upside move.
Yet, the value proposition from PORK price remains alluring, with a minuscule market cap of just $16k – this coin could pump to a 100x return, if previous action is to repeat itself.
But of course, it could also be that Pepefork’s best gains are already behind it.
That’s why smart money investors are shifting their attention to a project that hasn’t even launched yet.
Is This New GameFi Presale Set to Be Biggest of 2024: Meet PlayDoge – Unlocking Viral Success With 90s Nostalgia Meme Gaming
In a launch garnering significant attention across the BSC chain, the PlayDoge presale has exploded with much-desired viral traction that has so far seen the presale surge to $613k raised in its first day.
Have you sat back watching Dogcoins explode across the market? Have you been waiting for a meme coin with genuine fun utility? Look no further than PlayDoge.
In a Tamagotchi-style 2D crypto gaming experience, PlayDoge enables players to own and grow their very own Doge in a high-octane environment propelled by PlayDoge’s impressive P2E ecosystem (based around the PLAY token).
Imagine being amongst the first investors in a hugely popular meme coin with viral potential.
This is your chance – so don’t miss your opportunity to get in early at the start of a new skyrocket.
The post PepeFork Explodes on Solana as New Play-to-Earn Meme Coin Secures $500,000 appeared first on Cryptonews.
