Pepe

Angry Pepe

<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>
<p class="is-style-lead">Santiment says the increase in short positions could be bullish for Cardano, while experts continue to show support for Dogecoin and Angry Pepe Fork.</p>
<p>Santiment has said that the rising short positions involving Cardano could be bullish for the altcoin. While the on-chain analytics firm anticipates an increase in the ADA price, Dogecoin and <a href="https://angrypepefork.com/" target="_blank" rel="noopener noreferrer nofollow">Angry Pepe Fork</a> are two of the promising altcoins to buy, based on the recent comments from top experts.</p>
<h2 class="wp-block-heading" id="santiment-says-rising-cardano-shorts-is-a-bullish-signal">Santiment says rising Cardano shorts is a bullish signal</h2>
<p>Despite experiencing a slight recovery after a 2-week-long decline, traders are still betting against Cardano (ADA). At the same time, the leading on-chain analytics firm, Santiment, sees the rising short position against Cardano as a bullish sign for one of the top altcoins. Coinglass <a href="https://www.coinglass.com/currencies/ADA" target="_blank" rel="noopener noreferrer nofollow">data</a> confirms the increase in Cardano shorts, with the long/short ratio for ADA at 0.9755.</p>
<p>Santiment <a href="https://x.com/santimentfeed/status/1803499449672753502" target="_blank" rel="noopener noreferrer nofollow">suggests</a> that the liquidation of short ADA positions could serve as a catalyst for Cardano’s price increase. Adding more fuel to the fire, a previous analysis from Santiment looked at the ADA and XRP 30-day MVRV ratios. A potential rapid rally to $1 makes Cardano one of the top altcoins to watch.</p>
<p>You might also like: <a href="https://crypto.news/three-cryptos-gaining-interest-from-traders-ethena-sol-angry-pepe-fork/" rel="noopener noreferrer nofollow"> Three cryptos gaining interest from traders: Ethena, SOL, Angry Pepe Fork </a></p>
<h2 class="wp-block-heading" id="arthur-hayes-doubles-down-on-dogecoin">Arthur Hayes doubles down on Dogecoin</h2>
<p>The co-founder of BitMEX, Arthur Hayes is <a href="https://x.com/CryptoHayes/status/1803233960715231362" target="_blank" rel="noopener noreferrer nofollow">doubling down</a> his bullish stance on Dogecoin (DOGE). According to Hayes, the price of Dogecoin can still rise in the coming weeks. Hayes also confirms that he is increasing his DOGE holdings thanks to the very bullish price action of the meme coin.</p>
<p>Hayes is not the only one who is optimistic in their outlook of Dogecoin. According to <a href="https://x.com/TATrader_Alan/status/1802988382219644944?t=9XBSlMmAbk2oT8m-KHn5ow&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">TATrader_Alan</a>, DOGE has hit the last phase of a triangle consolidation pattern and could break out to begin an upswing soon. TheCryptoBull77 has also <a href="https://x.com/TheCryptoBull77/status/1802992834342994352?t=k3cTOBWVKtrJ0SGboE7Kbg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">said</a> that Dogecoin could rise to $1.69, making it one of the top altcoins to watch.</p>
<p>You might also like: <a href="https://crypto.news/floki-bonk-gain-traction-as-angry-pepe-fork-presale-leads-the-charge/" rel="noopener noreferrer nofollow"> FLOKI, Bonk gain traction as Angry Pepe Fork presale leads the charge </a></p>
<h2 class="wp-block-heading" id="angry-pepe-fork-attracts-investors-with-100x-price-forecasts">Angry Pepe Fork attracts investors with 100x price forecasts</h2>
<p>As a memecoin doing things differently, there has been a surge of interest in the new project, Angry Pepe Fork (<a href="https://angrypepefork.com/" target="_blank" rel="noopener noreferrer nofollow">APORK</a>). Unlike traditional memecoins fueled solely by hype and the support of community members and celebrities, Angry Pepe Fork is bringing real utility into the world of meme coins.</p>
<p>Angry Pepe Fork has introduced a unique feature known as “Conquer To Earn.” This is a unique community-based reward system that issues incentives to users for their effort in defeating zombie coins effort and increasing the ranking of APORK in the meme coin market.</p>
<p>This new model has caught the attention of industry experts as it promises to bring change to the memecoin market, positioning coins with utility for success. As a changing project in the works, several top names in the market have called APORK the next 100x tokens, making it one of the leading altcoins.</p>
<p>Similarly, there has been a surge of interest in the project from investors, with Angry Pepe Fork raising over $140k in just the first few days of its presale. This is where APORK comes in, for those who got to know about Bitcoin and Ethereum early on and were not able to invest in the early stages. APORK is priced at $0.014 per coin, making it a notable choice for investors in this bullish market.</p>
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
<p>The top altcoins, Cardano and Dogecoin are flashing bullish signals despite the current bearish outlook of the market. While this is good news for investors, Angry Pepe Fork represents even better news – a new project bringing a shift to the memecoin space. Based on its strong fundamentals, APORK is now one of the trending coins in the market.</p>
<p>For more information, <a href="https://angrypepefork.com/" target="_blank" rel="noopener noreferrer nofollow">visit Angry Pepe Fork’s presale website.</a></p>
<p>Read more: <a href="https://crypto.news/doge-signals-bullish-breakout-angry-pepe-fork-shows-pepe-coin-traits/" rel="noopener noreferrer nofollow"> DOGE signals bullish breakout; Angry Pepe Fork shows Pepe coin traits </a></p>
<p>Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.</p>

ADA short positions spike; experts double down on Dogecoin, Angry Pepe Fork

Table of Contents

crypto.news

Other articles published on Jun 28, 2024

Biden & Trump Completely Ignore Crypto in First Presidential Debate

Nigerian Blockchain Committee Addresses Binance Case’s Impact On The Industry

XRP Price Readying For $2? Whales Fuel Speculations Shifting 120M Coins

IOTA Grants Update Recap III

ForexVIM: Avenix Fzco’s Breakthrough Solution for Smarter Forex Trades

In 2024 Qubetics Whitelist Flourishes During Polygon and Polkadot Crypto Market Declines

Join our free newsletter for daily crypto updates!