The post Andrew Tate Sparks Memecoin Frenzy, Angry Pepe Fork And Wormhole Exhibit Bullish Potential appeared on BitcoinEthereumNews.com.

Andrew Tate’s recent actions in the cryptocurrency market have no doubt generated substantial interest, triggering a fervent rally within the TOP G (TOPG) memecoin community. However, Tate’s bold decision has ignited enthusiasm across the broader cryptocurrency community, not just within the TOPG ecosystem.  In another development, new presale star, Angry Pepe Fork (APORK) has garnered enormous attention with the introduction of a unique “conquer-to-earn” system. Similarly, Wormhole (W)’s newly introduced governance mechanism marks a shift in the network’s trajectory. TOPG Price Surges Following Token Burn Andrew’ Top G’ Tate stirred up X (formerly Twitter) with promises to disrupt the Solana (SOL) network and champion existing meme coins. More interestingly, Andrew vowed to hold onto donated tokens indefinitely. When a new meme coin called ‘Top G (TOPG)’ was sent to Andrew Tate’s wallet in a donation worth millions, it sparked speculation about Tate’s connection to the project. True to his words, Tate burned his entire holding in response to a challenge, causing a surge in TOPG price before it retraced significantly. This reduction in supply caused a rapid surge in the TOPG price, peaking by a whopping 700% plus to reach an all-time high of $0.04677, with the tokens subsequently sent to the Solana Incinerator. Wormhole Network Unveils Innovative MultiChain Governance for W Token Holders Wormhole (W) protocol has gained popularity for its blockchain interoperability. However, in an attempt to maintain its appeal among its community members, the blockchain network recently introduced a governance mechanism that accommodates W token holders (particularly stakers) in the decision making processes on the network. This latest development marks a significant step towards decentralizing Wormhole, as it enables W token holders to influence the future direction of the Wormhole DAO and platform. Meanwhile, the Wormhole DAO will be the first to adopt MultiGov, an industry-first multichain…

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Filed under: News - @ June 16, 2024 6:12 pm