Near Protocol Allocates $13M For Decentralized Development; These Top Altcoins Also Show Potential To Dominate The DeFi Market

In recent news, Near Foundation made headlines in the altcoin market with a development that is poised to raise the value of its network overtime. To fund a new spin out platform called Nuffle Lab, Near has raised up to $13M and is set to explore advanced modularity and decentralization. While this development is pulling investors to the Near Protocol token, Angry Pepe Fork (APORK), the latest meme coin with DeFi features, is also sharing the spotlight. Aiming to reach unprecedented heights, Angry Pepe Fork is giving off bullish sentiment along with Stacks token, whose network is in for a huge investment by Grayscale.

Angry Pepe Fork (APORK) Is The Hottest Meme Coin Poised For DeFi Supremacy

Although this Angry Pepe Fork (APORK) only just launched and is in its first presale stage, experts already have good insights about its trajectory, particularly due to its DeFi market features and earning mechanism. Asides being able to earn collectively as a community with Angry Pepe Fork’s “Conquer to Earn” mechanism, the platform has also provided a staking dApp for users to continue earning.

Angry Pepe Fork’s “Conquer to Earn” mechanism works by granting members free $APORK token while they work together to assist the platform in surpassing stale meme coins. It’s staking mechanism also allows lock up periods of up to 30,60 and 90 days, with a longer period representing a higher APY. Another feature that stands this meme coin out as one of the best cryptos to buy, is its fixed rise whenever the platform surpasses a meme coin.

The $APORK token which serves as Angry Pepe Fork’s native currency is already selling for an ample price of $0.014 in the first stage of its presale, but analyst have predicted a 200% rise for the token when the presale concludes and over 350% rise when it lists on top-tier CEX and DEX platforms. And with more attention and frenzy to come from the meme coin market, Angry Pepe Fork should have no problem seeing a 1000% rise this year.

The platform has already promised that it would be securing marketing and influencing partnerships on its quest for multi-chain exploration and interoperability. These endeavors are bound to further position Angry Pepe Fork in the spotlight, increasing the attention it will get from the investor market, both in the DeFi and meme coin space.

Near Foundation Introduces Nuffle Labs With $13M Funding; $NEAR Up For Imminent Gains

According to a crypto analytics platform, The NEAR Foundation has just established Nuffle Labs with a $13 million fundraise. The foundation, which is under Near Protocol (NEAR), decided to launch this project with the aim of enhancing the ecosystem’s modularity and decentralization.

Whilst positioned strategically between NEAR Protocol, Ethereum, and EigenLayer, Nuffle Labs’ plan is to leverage multiple platforms to improve the efficiency and resilience of Near Protocol in the DeFi market.

Meanwhile, this development could further impact the NEAR Protocol token positively, by increasing its ecosystem’s capabilities and attractiveness to developers and investors, potentially driving higher adoption and value of the native Near Protocol token, $NEAR.

Stacks Token Prepares For Upcoming Rise In Value Amid Grayscale Investment

Standing as one of the best cryptos to buy in the altcoin market, Stacks has a unique approach of bringing smart contracts and decentralized applications (dApps) to the Bitcoin network. By leveraging Bitcoin’s security and decentralization, Stacks enables developers to build on Bitcoin without altering its base layer. This relevance has allowed Stacks token maintain a 300% rise, year-to-date.

Moreover, Grayscale recently announced a Stacks Trust fund that is focused solely on investing in Stack. With a huge market player, making an investment move in Stacks token, it might rank among highest gaining coins this year.

Can Angry Pepe Fork Outpace the Likes of NEAR and STX Tokens to Dominate the DeFi Market?

Angry Pepe Fork has DeFi features that could preserve its relevance in the DeFi market. While reaching a dominating spot among DeFi coins may not happen soon, $APORK can rake in a significant amount of interest from the DeFi space this year.

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