Cryptocurrencies have revolutionized finance, attracting global investors with their innovative potential. While Bitcoin leads, numerous altcoins have emerged, each offering unique features to a real crypto bull.
Pikamoon (PIKA) is a new contender in the GameFi and Web3 sector, aiming to rival Axie Infinity (AXS). With its open-world metaverse and $6 million sold-out ICO, Pikamoon seeks to establish itself as a leading cryptocurrency that can be bought on major crypto exchanges such as Uniswap, BitGet, MEXC, and after listing on Binance and Coinbase, PIKA price appreciation is inevitable.
Source: Freepik
While the current price is still very low, like in the case of many new coins, this coin is forecasted to reach the 1 mark during the next crypto bull run. Considering the significant interest from the community and investors during the PIKA presale, this token has the potential to reach its 1 milestone of $1 during the next crypto bull market. Some analysts insist that PIKA may become the next Axie Infinity, however, the time will show whether the investor confidence is justified.
Source: Freepik
The Pikaverse, Pikamoon’s core, features six explorable lands where players capture Pikamoons, (NFT) battle monsters, and confront dark gods. Inspired by Pokémon, it incorporates turn-based combat and strategic gameplay.
Developed by Kevuru Games, known for contributions to Star Wars Games, Fortnite, and World of Tanks Blitz, Pikamoon offers battles where players can attack or heal. Victories earn experience points, allowing upgrades and asset acquisition from the marketplace.
The PIKA-token-powered marketplace offers items, healing aids, capture devices, boosts, treats, and Traveller Cards, enhancing the gaming experience with strategic depth and personalization and boosting community engagement.
Source: Freepik
Pikamoon combines blockchain, AI, and immersive technologies. This P2E (play-to-earn) game, where players catch, train, and battle Pikamoons, is built on Unity for its virtual world.
The game utilizes the Ethereum network for its scalability, low cost, and compatibility with other Web3 games. It offers various modes, challenges, quests, tournaments, raids, and events, providing multiple opportunities for players to earn rewards and achievements.
Pikamoon operates as a Web2 game with a database and wallet integration. Users pay gas fees when withdrawing $PIKA tokens from the game dashboard or when they buy and sell in-game items. Not all transactions occur on-chain; instead, they’re consolidated in the database before being officially stamped, similar to centralized exchanges.
Blockchain technology is revolutionizing various industries, including artificial intelligence. Fetch.AI (FET) is at the forefront of this transformation, aiming to build a decentralized machine-learning network powered by the crypto economy and crypto community.
Fetch.AI’s goal is to make AI technology widely accessible through an open network, allowing individuals, industries, and organizations including current crypto projects to connect and access secure datasets for various tasks efficiently.
The technology offers multiple benefits, including rapid task execution, large data storage, quick accessibility, and industrial process automation. Currently, Fetch.AI focuses on optimizing services like transportation networks, DeFi trading, smart energy grids, and travel – areas in the current market that rely heavily on large datasets.
FET, the native token of the Fetch.AI ecosystem, is crucial for building, deploying, and training digital twins on the network. Developers can access machine-learning-based utilities by using FET tokens.
Experts view Fetch.AI as a unique innovation with potential for significant investor returns. Its ability to handle large datasets and automate complex processes positions it as a promising solution for numerous industries.
As Pikamoon gains traction in the cryptocurrency market, comparisons to Axie Infinity’s remarkable journey are inevitable. Investors speculate that PIKA could follow a similar trajectory to AXS and reach a high price during the next bull run.
Axie Infinity, developed by Sky Mavis, is a blockchain-based game inspired by Pokémon and Tamagotchi. Players collect, breed, and battle token-based creatures called Axies, which are represented as non-fungible tokens on the Ethereum blockchain.
The game features a play-to-earn model, allowing players to earn cryptocurrency rewards (SLP and AXS) through gameplay. These tokens can be used for breeding Axies, purchasing items, or participating in governance decisions.
Axie Infinity’s native token, AXS, experienced a meteoric rise during the last 2021 bull run, and after listing on major exchanges like Binance, its price surged. This showcased the potential of blockchain gaming and the demand for digital assets in gaming ecosystems.
As the crypto market continues to evolve and new promising tokens appear in the crypto space constantly, there’s anticipation that another GameFi token, potentially Pikamoon, could replicate Axie Infinity’s success, given the similarities between the two games.
Source: Freepik
As the PIKA token enters trading in Q1 2024, crypto experts predict it will experience substantial growth and quickly reach $1 for several reasons.
The presale sold out in 7 days, raising over $1.3 million, indicating strong investor interest in the token. Considering the deflationary model, NFTs and tokens are poised to grow in value in the long term.
Pikamoon’s listing on three tier 1 centralized exchanges such as Binance, Coinbase, and Bitget shortly after its ICO is rare, lending credibility to the project.
Global influencer campaigns have generated momentum, with continued support expected as PIKA becomes tradable.
Pikamoon aims to follow successful GameFi projects like Axie, Illuvium, and The Sandbox, with its transparent development process, a clear roadmap, and a fully doxed team enhancing its growth potential.
With over 15,000 token holders and 7,500 Beta version players, Pikamoon has strong grassroots engagement. Founders actively interact with the community through podcasts, offering transparency about the project’s development and future plans.
Pikamoon is developing its open-world metaverse internally, just like Axie Infinity. This strategy allows for greater control over development and quicker responses to community feedback.
The GameFi sector is expected to grow exponentially, driven by factors like the BTC halving, ETFs, and changing interest rates. In these conditions, it may take PIKA a couple of the next few months to reach the $1 price due to increased interest in the project and its role in the crypto space.
In conclusion, while it’s uncertain if PIKA will replicate AXS’s success, achieve a significant price increase, and become No 1 crypto in the gaming world, the potential is evident given the rise of blockchain gaming and cryptocurrency adoption.
Pikamoon shares many qualities with Axie Infinity: innovative gameplay, a strong community, and transparent development. Its early achievements, including a successful presale and tier-1 exchange listings, suggest significant growth potential.
While a $1 price point is highly ambitious, the volatile nature of the cryptocurrency market means rapid price movements are possible. With favorable market dynamics, community support, and industry trends, Pikamoon could potentially surpass the $1 mark.
Pikamoon is well-positioned to capitalize on this trend, potentially becoming a leader in the space and attracting significant new capital.
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