Polygon and Render Plummeting, Sharks Diversify With 100x Memecoin To Recoup Losses

Even though investors were hoping for a miracle a few weeks ago, Render and Polygon keep plummeting. After a slight recovery, the coins all started to plummet again. Instead of chasing the red, investors are turning to a 100x memecoin to recoup their losses. 

Render (REN) Drops as AI Craze Slows Down

After riding the AI wave, Render (REN) has finally begun to drop, with no apparent signs of stopping. Powering a distributed GPU network, Render dropped 50% since its March high of $11.5. Currently, it is trading at $5.15. 

Render’s main selling point is its ability to harness GPU processing power from thousands of computers. Users can give up processing power from their idle GPUs to make money. At the same time, Render gives this computing power to others. 

This made Render ideal for the AI age, as applications like ChatGPT are hungry for computing power. Still, the AI fever is slowly losing steam, and Render is feeling the pressure. Still, it is important to note that Render is still up 248.23% year-over-year.  This means that investors are far from giving up on it. And AI isn’t going anywhere.

Polygon (MATIC) Upcoming Upgrade Fails to Impress Investors

As Polygon (MATIC) is gearing up for a major upgrade, overhauling its governance and tokenomics. In addition to bringing more decentralized governance, the token will also rebrand, from MATIC to POL. However, investors are not impressed. 

Polygon is down 25% over the year, trading at $0.3785. However, its drop from its March peak is even more spectacular. At the time, Polygon traded at a lofty $1.22, a far cry from its price today. 

Perhaps the upcoming upgrade can change things for MATIC, once the network proves its abilities. But for now, investors are not buying it. 

Angry Pepe Fork (APORK) Promises 100x

Polygon and REN are dropping, so investors are diversifying their crypto holdings. After all, they are used to the crypto market’s ups and downs. One of the places they are looking at is Angry Pepe Fork (APORK). 

This unusual memecoin is unlike any other. It combines the community strength of memecoins with real utility. Thanks to its various rewards, it has the possibility of delivering people 100x on their investments.

APORK holders have many avenues for profit. For one, just staking the token gives them high APY. Moreover, these yields are available even during the presale. This means that the faster one jumps in, the more they will earn. 

This is so even with the presale event. The presale is currently in its third stage, with prices increasing every time the next stage comes. This means that traders have to jump in early to get the best presale price. 

But the most exciting feature is its ”Conquer to Earn” model. This model enables users to do quests and fight for the community while earning tokens. By rewarding active members, APORK ensures they will always have an active community. Become a part of this community, earn rewards, and join the presale!   

Visit Angry Pepe Fork Presale:

Website: https://angrypepefork.com/

Telegram: https://t.me/AngryPepeFork

Socials: https://x.com/AngryPorkCoin

The post Polygon and Render Plummeting, Sharks Diversify With 100x Memecoin To Recoup Losses appeared first on CoinGape.