Solana-based memecoin launches with a bang, while Brett hits $1B market cap

The new Solana-based memecoin, Angry Pepe Fork, makes waves in the market as Brett achieves a $1B market cap.

The crypto market is experiencing a massive surge and interest in memecoins. New memecoins like Brett, which was launched a few months ago, have reached a market cap of over $1 billion. Meanwhile, a new Solana-based memecoin called Angry Pepe Fork has entered the market with the power to rival other top memecoins in the market.

The new Solana-based memecoin shaking the market 

A report from bdc.consulting reveals that the memecoin space is among the fastest-growing niches in the crypto market right now. Over the past few months, more than 1,000 memecoins have been launched into the market. One of them is currently making waves in the crypto community and the name is Angry Pepe Fork (APORK).

Another essential factor that could prove that Angry Pepe Fork is a good cryptocurrency to buy is that it is associated with the Solana network. Since it is a memecoin on the Solana network, it is able to leverage on the fast transactions and low costs of the Solana network.

The other reason is that Angry Pepe Fork has use, which is a concept that sets it apart from other memecoins that just ride on hype. Angry Pepe Fork holders can stake their APORK tokens to earn passive income. However, the amount that they can earn depends on the number of tokens they staked and how long they are willing to leave it. 

Angry Pepe Fork’s staking protocol has three different periods which players can choose from. Firstly, there is the 30-day period, which is mainly for newbies who are new to the memecoin space and want to test if the staking rewards are real. Secondly, there is a 60-day period. This period is for seasoned crypto lovers who have some little knowledge about staking. 

Lastly, there is the 90-day period, which is mainly for veterans and generals who want to earn big. However, only those who have the APORK coin can enjoy staking rewards and earn free tokens on the battlefield. The APORK token is up for sale at only $0.014.

Market cap of Brett surges past $1 billion

Brett (BRETT), a new memecoin created by Matt Furie, has shaken the entire crypto market with a meteoric surge. Data from CoinMarketCap shows that the memecoin’s market cap has crossed $1 billion. This is a big accomplishment for the memecoin, given that it was launched in February this year, which is less than three months old.

One of the few top memecoins to reach a $1 billion market cap in less than three months is Brett, in the meanwhile. It took longer for popular memecoins like Dogecoin and Pepe to accomplish the same feat. Aside from the rise in market capitalization, Brett’s price movement has been extremely positive. 

Based on CoinMarketCap’s data, Brett’s price has increased by 62% over the last week. Over the past month, the memecoin’s price has spiked by 181.0%, making it one of the top memecoins in terms of price movement. 

In conclusion

Angry Pepe Fork is here to change the status quo and could be the first Solana-based memecoin to reach the second position in the memecoin market, making APORK a good cryptocurrency to buy now. Consequently, it can be noted that the market cap of Brett may also keep on increasing in the coming weeks if the market remains bullish.

For more information, visit Angry Pepe Fork’s presale website.

This article first appeared at crypto.news