Michaël van de Poppe, a widely followed crypto analyst and trader has said that the layer-2 scaling solution Polkadot (DOT) is extremely undervalued and could follow ETH’s upward trend. Another layer-2 scaling solution Arbitrum (ARB), has shared its intent to enter the real-world asset (RWA) market with $29 million of funding.
This strategic expansion step from the Arbitrum DAO is anticipated to lead to a massive price surge of ARB. Another altcoin covering notable grounds is Angry Pepe Fork with its introduction of the new “conquer-to-earn” model.
Contents
Michaël van de Poppe Says Polkadot (DOT) is Undervalued
Like the rest of the crypto market, Polkadot (DOT) has been on a steep decline over the last few weeks. A 20% price drop over the last month has seen the price of Polkadot drop to the $5.5 support level, according to CoinMarketCap.
In a recent tweet, Michaël van de Poppe said that the “current valuations of Polkadot are extremely low.” The chart he shared shows that the Polkadot price has bottomed and could rally along with Ethereum. The widely followed crypto analyst and trader suggests that the new segments on the Polkadot network will also play a part in its recovery.
Arbitrum (ARB) DAO Seeks To Expand Into On-Chain RWA
Recently, the Arbitrum DAO shared information about a new plan of investing $29 million in ARB tokens in six on-chain real-world asset (RWA) products. Another important factor that has caught the attention of market experts is Arbitrum’s extending lead over the Layer 2 sector since the start of May.
Since the start of May, the number of active addresses on Arbitrum has increased by 110% to 745,510, according to data from GrowThePie. Because of this market expansion, the Arbitrum coin looks set for a recovery. Decilizer says Arbitrum is one of the altcoins to watch in the coming bull cycle.
Unique “Conquer To Earn” Model of Angry Pepe Fork Attracts Attention
Angry Pepe Fork has become the top option for investors because of its “Conquer to Earn” unique staking mechanism. Conquer To Earn invites users to join the Angry Pepe Form army in conquering zombie coins in the meme space that lack any form of utility. This model allows community members to collectively earn, as the APY for staking increases with every defeated zombie coin.
In addition, the most devoted members get rewards for their dedication in the community. Angry Pepe Fork also benefits from this model, with its ranking and valuation increasing as more zombie coins are defeated. The most dedicated warriors in the Angry Pepe Fork Army are bestowed with badges of courage and strength, as well as a prominent place in the community.
The staking mechanism of the Angry Pepe Fork ICO, which will be available for use during the presale phase, is another factor that makes it the greatest in 2024. The staking feature has three lock-in periods: thirty, sixty, and ninety days. Beginners who wish to familiarize themselves with staking and browse the platform can use the 30-day tier.
Experts and seasoned users who are accustomed to this feature, have a high tolerance for risk and wish to increase their yearly returns should take advantage of the 60 and 90 day staking periods. Priced at $0.014 in the first presale phase, the unique Conquer To Earn has attracted a ton of attention and helping Angry Pepe Fork raise over $195k in just a few days.
Conclusion
The predictions from Michaël van de Poppe suggest that Polkadot could record a major price increase in the coming weeks, while the Arbitrum network expansion makes it one of the top altcoins to watch.
At the same time, the unique use case of Angry Pepe Fork has caught the attention of experts who predict that the coin can soar by more than 100x because its unique model ensures a continuous ecosystem and community growth.
Website: https://angrypepefork.com/
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