Cryptocurrency Update: PEPE Coin’s Fork, PORK, Experiences Market Downturn – Detailed Analysis
- After a double-digit weekly bull rally, PORK’s price fell by over 10%, while PEPE moved down marginally.
- Metrics revealed that selling pressure on PORK increased.
- Most indicators hinted at a further price drop.
PEPE’s forked token, PORK, experiences a price drop despite a recent bull rally. With increased selling pressure, further price drops are anticipated.
PORK’s Recent Price Drop
Pepe’s [PEPE] forked token, PepeFork [PORK], gained much traction in the crypto community as its social metrics soared. However, despite its rising popularity, PORK’s price action moved in the opposite direction. After a weekly rally of over 12%, PORK’s price fell by over 10%. The selling pressure on PORK increased, and most indicators hint at a further price drop.
PEPE’s Stable Position
Contrary to PORK, PEPE’s price only dropped marginally. Market sentiment around PEPE remained bullish as its Weighted Sentiment graph was up. Unlike PORK, PEPE remained under high buying pressure. The meme coin’s Suppl... Read the full article for FREE at COINOTAG!
