The Role Of Social Media In Successful Altcoins. What Do You Need To Know?

Bianca Carvalho
By Bianca Carvalho Add a Comment
5 Min Read

Given that the cryptocurrency market is highly volatile, it can react strongly to external events. This is especially true for cryptos with a smaller market capitalization. Many successful altcoins have used the power of social media to capture sentiment and engagement through interactions on social media posts.

Altcoins like Axie Infinity (AXS) and MANTRA (OM) are actual examples of how social media sentiments are a predictor of cryptocurrency returns. Angry Pepe Fork, the latest presale gem, has grasped this concept, growing its community members and market performance through social media interactions.

Angry Pepe Fork Presale Ready To Explode

With several social media accounts that share the projects’ announcements and news, Angry Pepe Fork, a new presale gem, has been able to gather a considerable number of APORK army soldiers and hype around it. This positive sentiment has heightened buying interest as investors flock to its presale.

At its core, it introduces an opportunity for its community members to earn passive income and huge APYs through its staking reward and innovative conquer-to-earn system. Users stake their tokens immediately after buying for two years. Moreover, they can earn additional rewards and APORK tokens when they complete quests and participate in raids, community events, and engagement.

Interestingly, Angry Pepe Fork has already recorded a 78% ROI from its initial offering of $0.014 to $0.02518, a few weeks into its presale stage. Analysts believe that Angry Pepe Fork has the most robust engagement coefficient, especially for long-term returns. Therefore, they see the altcoin could record parabolic runs in the coming weeks, making it the best coin to accumulate.

MANTRA’s Technical Indicators Paint a Positive Outlook

MANTRA altcoin has also used social media to integrate strategies that go beyond ordinary posting. This has resulted in positive market sentiment for the altcoin even when the broader crypto realm is experiencing bearishness. Recently, the MANTRA coin has been showing signs of a recovery around the $1.02 mark.

However, it has been experiencing resistance at its key critical point of around $1.01. If it manages to push above this point, the MANTRA token will witness breakout rallies. Interestingly, the altcoin is in the consolidating phase and trades above its 100-EMAs. Despite this, MANTRA’s RSI is steady at 39, while its stochastic is at 32.

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This means that the MANTRA crypto is oversold, indicating the chances of a rebound. With this view, analysts are optimistic about the altcoin, suggesting it will reach $5 by the end of 2024. Therefore, the best coin to buy now.

Axie Infinity Remains Bullish Amid Bearish Market

Another altcoin that has successfully used social media to predict its future performance is Axie Infinity (AXS). Axie Infinity Twitter has been a great platform to highlight the project’s upcoming events, games, and milestones. The engagements from social interactions have impacted the altcoin positively, quickly amassing a $698.86 market capitalization.

Additionally, Axie Infinity network has launched new games that have triggered an overall positive sentiment and buying interest. Axie Infinity technical indicators paint a positive outlook, suggesting of impending price pump.

Analysts believe that Axie Infinity will continue this bullish trend, stretching its value to new highs. In this view, the Axie Infinity token is the best altcoin to buy now for 100x returns by Q4.

Which Altcoin Is the Best Investment?

While Axie Infinity and MANTRA navigate the market during what appears to be a bearish period, the Angry Pepe Fork presale is ready to explode. Its growing community members have fueled active social media interactions that heighten its buying interest, triggering further accumulation and price surge. Now, is therefore the best time to buy the altcoin.

Website: https://angrypepefork.com/

Telegram: https://t.me/AngryPepeFork

Twitter: https://x.com/AngryPorkCoin

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Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Bianca Carvalho is a leading expert in digital marketing and content management with over 15 years of professional experience. Based in Lisbon, Portugal, Bianca has collaborated with both local and international brands to develop and implement effective marketing strategies. She has excelled in roles such as Digital Marketing Director, Content Strategist, and Senior Copywriter.Bianca is renowned for her leadership skills, having managed teams of up to 50 marketing and content professionals. She specializes in creating and executing comprehensive content strategies, producing various types of content including blog posts, whitepapers, case studies, and social media content. Her expertise extends to content management systems like Drupal and project management tools such as Asana, Slack, and Monday.com.Fluent in Portuguese, English, and Spanish, with a working knowledge of Italian, Bianca is also highly skilled in media production. She has worked on several high-profile advertising campaigns across Europe, enhancing her creative abilities and her capacity to manage complex projects under tight deadlines.In her personal life, Bianca enjoys exploring new digital trends, attending industry conferences, and spending quality time with her family. For more information and to view her portfolio, visit Bianca’s personal website or connect with her on LinkedIn.
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