The DeFi market is experiencing a rise in selling pressure, which has affected the price movement of DeFi coins like Uniswap and Aave. While the price of Uniswap has dropped on the weekly and monthly price charts, ArpitTrader says it could jump to $9.652 soon.
Also, Sweden and Zerototom are optimistic about the Aaave coin and forecast profits in the future. Amid the bearish market, a new presale token called Angry Pepe Fork has emerged with the potential to give 50x gains in 2024. Let us see if it can outshine Aave and Uniswap.
Uniswap (UNI) Faces Resistance At the 200-day SMA
Uniswap (UNI), one of the largest DeFi coins in the market, is showing negative movement on the weekly and monthly price charts. Price information from CoinMarketCap reveals the Uniswap price chart is trading in the red zone and is now fluctuating around the $7 range.
Yet, ArpitTrader predicts the price of Uniswap might rise to $9.652 in the next trading sessions. To reach this level, Uniswap bulls must cross the 200-day SMA at $8.87. On the flip side, any bearish movement will invalidate this forecast and could send Uniswap to new lows.
Aave (AAVE) is Undervalued, Says Crypto Influencer
Apart from Uniswap, another DeFi coin that is trading in the red region is Aave (AAVE), the native token of a top lending protocol. Price data from CoinMarketCap shows Aave coin has been in an accumulation phase since 2022. The price of Aave is exchanging hands between $75 and $105 on the monthly chart.
Analysts like Zerototom say the cryptocurrency is undervalued and gives a future price target of $300-$400 in the coming years. Sweeedoyin called Aave a sleeping giant and gave three price targets when it wakes – $153, $296, and $455. However, reaching this range will depend on the sentiment in the general market.
Angry Pepe Fork, The New Presale Gem
Currently being sold at $0.014, Angry Pepe Fork is among the new presale coins market experts are banking on to lead the bull market. They forecast a potential price surge of 50x, positioning it as a good buy for new and old investors. The Angry Pepe Fork project aims to transform the meme coin sector with its “Conquer To Earn,” mechanism.
Each zombie coin conquered increases the Annual Percentage Yield (APY) of users, which they will enjoy when they stake their coins. In addition to the increased APY, those individuals who demonstrate their commitment to the community are given additional rewards in APORK tokens, medals and badges of honor for their bravery.
There are three lock-in periods – 30, 60, and 90 days. Users can pick anyone according to their risk level. Its unique tokenomics – a limited supply of 1.9 billion tokens – has also made market watchers believe the value of Angry Pepe Fork will increase in the future.
SOLIDProof has evaluated the platform’s smart contract, meaning it is a safe investment and you have nothing to fear. There is currently a 10% bonus for buyers which will end on July 12th. All you have to do is use the code APORKS1.
In Summary
The DeFi coins, Uniswap, and Aave are dealing with bearish pressure and could fall to new lows in the coming weeks, depending on the movement of the general. As regards the presale gem, Angry Pepe Fork, market watchers have looked at its features and potential. They believe it can surpass the price growth of Aave and Uniswap before the year runs out.
Website: https://angrypepefork.com/
Presale: Visit Angry Pepe Fork Presale
Telegram: https://t.me/AngryPepeFork
Twitter: https://x.com/AngryPorkCoin
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