The meme coin market is showing renewed activity with the rise of projects like Shiba Inu, Pepe, and Angry Pepe Fork. These changes are drawing interest from investors and analysts.
Impact of Angry Pepe Fork on the Meme Coin Market
The cryptocurrency market has revived following a significant surge in traditional meme coins such as Pepe and Shiba Inu. The new project, Angry Pepe Fork, stands out with its unique approach, offering investors various income opportunities, including participation in CommunityFi. This model could significantly impact the meme coin sector.
Shiba Inu's Prospects After Decline
After a steep decline of 18% in June, Shiba Inu has shown a slight increase of 8% over the past 24 hours. Analyst WhatzTheTicker suggests that the token may hold above $0.00001030 and potentially rise to $0.00001752 in the third quarter if the current positive momentum continues.
Pepe's Forecast for July
Analysis from Bitcoinsensus indicates a potential breakout for Pepe after a prolonged price maintenance within the Logarithmic Support. Following a recent 11.9% rise over 24 hours, there is a possibility that Pepe could repeat its May success and contribute to an overall rise in the meme coin market.
Against the backdrop of the overall recovery in the meme coin market, the projects Shiba Inu, Pepe, and Angry Pepe Fork are capturing attention. Considering the analysis and current metrics, further changes in these tokens may influence trends in the cryptocurrency space.
