ARPA, the token that powers the ARPA network protocol, has been under fire in recent days.
ARPA/USD was last changing hands on major cryptocurrency exchanges at around $0.11 per token, its highest level since February 2022, up nearly 100% this week and now in the region of 320% for the year.
The recent surge helped ARPA reach the top 10 trending coins on CoinMarketCap, a great achievement for a coin that has a market cap of only $440 million.
ARPA is a token that will power the soon-to-be-launched ARPA Network protocol, a decentralized computing network designed to enhance the fairness, security, and privacy of existing blockchains.
The ARPA Network mainnet is expected to launch before the end of this quarter, according to the project’s roadmap.
Enthusiasm for the cryptocurrency has been on the rise in recent days and weeks due to the success of the project’s testnet, whose second version is currently in smooth negotiation with it. Ethereum-Spolia testnet at a rate of around 200,000 times per day.
The mainnet will also launch on other Layer-1 and Layer-2 blockchains, including binance smart chain (or BNB Chain), Mediation And optimism,
Price Prediction – Where’s Next for ARPA?
If ARPA can break north of the resistance in the $0.11-12 area, it should open the door for a higher run towards the lower channel of an old uptrend, which should coincide with the previous record high from late 2021. The mid $0.20s come into play.
As the hype around the mainnet launch of the ARPA network increases, bulls could be in store for easy 2x gains.
But that may pale in comparison to enjoying small-cap crypto gems like AI Token from AI-powered meme-generating platform AIdog.
Considering Alternatives to ARPA – ADOGE (AI)
adog is building a fun AI-powered meme-generating tool and social media platform and could be the next coin to explode.
This is because AIDog is not only a meme coin, but also boasts a solid use case, which is connected to AI, which is a trending topic right now.
AIdog is building a platform where users can create memes using breakthrough generative AI technology, before sharing them with the AIdog community via the platform’s public wall.
Creators of the most popular memes will be rewarded with AiDog’s native $AI token, meaning AiDog is bringing the concept of “meme-to-earn” (M2E) to reality.
AiDoge is conducting a public pre-sale of its native $AI token to fund the development of its platform.
Investors should act quickly while they can still secure the tokens, with the pre-sale now getting closer to the sale.
AiDoge pre-sales are rapidly approaching $14 million and will end when they reach $14.9 million, which could be hit by the end of the week.