USDC hits record $219B volume while USDT holds firm at $0.9999. Find out why traders are rotating into $APORK, the meme token with real DeFi mechanics.
The crypto market this week has shown a relatively stable movement in the current situation around the globe. But in this relative stability, you can see that two heavyweight stablecoins – USDT and USDC have taken centre stage with their comparable performance. USDT, known for its global resilience and relative movement with the US Dollar, is holding strong at $0.9999 for weeks.
But the story here lies with the competitors of USDT. Circle’s USD Coin (USDC) has hit an all-time high in terms of trade volume, processing around $219B in just a week. This figure is striking the radar of even the occasional traders.
The Angry Pepe Fork ($APORK) project is also gaining credible traction with its presale buzz, post-launch cross-chain bridging goals, community engagement and much more. Let’s dig deeper and understand what the traders should know.
Why is USDC Suddenly in the Lead?
The trading volume spike indicates a larger interest by traders in the USDC coin. This interest is not run only by big companies. Even retail traders using Decentralized Exchanges, like Uniswap and Curve, are switching over to USDC from USDT, all for its faster and cheaper swap rates.
Some other reasons that you would find credible are USDC’s integration with faster networks (networks built to enhance the efficiency and scalability of the original network), lower volatility, asset tokenization using USDC as a base, etc.
Early-stage projects like Angry Pepe Fork ($APORK) and many more are gaining traction over the decentralized side of the market, where the USDC coin is getting more attention.
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Where Are Investors Putting Their Money?
You can observe that the stablecoin holders usually rotate their investments by investing in other currencies, too. But where are these USDC and USDT holders rotating next?
A lot of traders and investors are heading to new-age projects in their early stages. Angry Pepe Fork ($APORK) is turning a lot of heads even in its presale stage, with its deflationary mechanism and offering more than just laughs being a memecoin.
Earn Over 10,000% APY, The earlier you get in the higher the APY – Buy $APORK
Even though the name of the $APORK project seems connected to the PEPE coin, this token carries a higher energy while being fundamentally different. The Angry Pepe Fork is not just riding the wave of memecoins, but creating a sustainable ecosystem from day one with its features and offerings.
What Makes Angry Pepe Fork a Credible Option?
You can find the token of the Angry Pepe Fork project, $APORK, in its presale, already securing nearly $245,000 out of the soft cap of $893,408. While you would think it is just the hype for the project, but truly, it is the structure offered by the Angry Pepe Fork project that makes investing in it a profitable option.
Earn Over 10,000% APY, The earlier you get in the higher the APY – Buy $APORK
- Staking the $APORK coin during presale offers a staggering 10,000 %+ APY.
- The project is giving peace of mind to the early participants by boasting its smart contracts being audited by Solidproof.
- The team also plans to launch across Solana after the token launch, while currently operating on the Ethereum and BNB chains, offering cross-chain bridging solutions.
- When the token officially launches, you will also be entitled to rewards while playing mini-games on the chain, through the GambleFi feature.
- If you help in expanding the reach of the Angry Pepe Fork project by sharing posts, reels or discussions about it, the CommunityFi feature will also reward you for it.
Which Should You Buy Today?
While the two heavyweight stablecoins, USDT and USDC, are going head to head, people are also looking for a rotation option to invest in. The rising attention towards USDC suggests that the DeFi users are now looking for new opportunities to invest in, and the Angry Pepe Fork project seems to be the perfect fit. Being secure, functional and new-age, $APORK is the token that holds the centre stage while other majors move sideways.
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Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/usdt-peg-holds-steady-at-0-9999-while-usdc-volume-hits-record-219b-what-traders-need-to-know/