The volatile nature of the cryptocurrency market can create turbulence for crypto projects, especially projects with little to no real world use cases. Recent developments have demonstrated this with Shiba Inu, as its price momentum experienced a setback within the last 24 hours. In response, investors are turning their attention to a rising meme coin contender, Pikamoon (PIKA), seeking stability and potential recovery for their portfolios.
In this article, we delve into the price prediction of Shiba Inu (SHIB) and explore why both SHIB investors and prominent figures in the investment world are finding comfort in the potentials of Pikamoon (PIKA).
SHIB Price Dip: Where Did Shiba Inu Get It Wrong?
In the search for more liquidity from other ecosystems on the Ethereum network, Shiba Inu, through Shibarium, created a bridge for easier interoperability between the Shiba Inu network and Ethereum. With that edge, users on Ethereum could move their assets smoothly and enjoy the features on the L2 network, like lesser transaction charges.
But, the efficiency of this bridge is now in doubt as users who attempted to use the Shibraium bridge after its launch complained of the inability to access funds on the new chain. At press time, $1.7 million (945 ETH) of users’ funds in total are stuck in the bridge.
And, as users took to the Shiba Inu discord server to make their grievances known, the team was forced to quickly shut down the channel to avoid further agitations. Yet, matters took a worse turn when the Shiba Inu lead Shytoshi Kusama revealed that the funds stuck in the bridge could not be recovered.
As a ripple effect, SHIB’s price took a hit, causing a downward trend. Due to this event, SHIB’s price is currently down by nearly 7% in the last 24 hours. Similarly, the price of other Shibarium governance tokens also took a hit following this event. According to CMC, in the last 24 hours before press time, BONE, TREAT, and LEASH are down 11.80%, 14.50%, and 20%, respectively.
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Why is Pikamoon (PIKA) SHIB Investors’ Top Option for Refuge?
Pikamoon (PIKA) is a hybrid play-to-earn and meme coin project with unique features presented through its play-to-earn game, Pikamoon Adventure. This game is built in a refined and adventurous Pikaverse where successful gamers can earn crypto rewards (either NFTs or PIKA). All these gamers need to do is conquer monsters and discover hidden treasures.
Pikamoon and PIKA are well-positioned for an explosive year thanks to the following features. This explains why it’s a top option for investors seeking refuge:
Pikamoon Satisfies Gamers with Gameplay and Rewards
Pikamoon gives gamers a rewarding and enjoyable gaming experience through its unique metaverse game. Aside from the rewards it offers successful gamers, players can also exchange their rewards (PIKA and NFTs) for real money through the marketplace’s Transak feature.
These reward opportunities plus the immersive gameplay make Pikamoon attractive to gamers, increasing the hype around the project.
A GameFi Project that Uses the Latest Technologies
Pikamoon utilizes only the latest technologies for its development in different areas, offering the project top-notch and consistent delivery.
For example, Pikamoon builds the Pikaverse with the Unreal Engine 5 tool which is the most-advanced real-time 3D graphics creation tool. Hence, Pikamoon Adventure can deliver an outstanding display and unmatched immersive gameplay to gamers, drawing in gamers who seek an entertaining metaverse gaming experience.
Pikamoon Presale
The Pikamoon presale has smashed various presale records already, from a six-figure sales record in its opening hours that has now risen to almost $4 million to delivering 300% ROI to investors in only two phases. And, this growth hasn’t gone unnoticed, drawing in crypto whales and savvy investors. Experts also predict the project can still deliver 5000% ROI before the end of this year.
It’s an opportunity for SHIB investors and other investors like you. Buying $PIKA early is the only way to maximize the opportunity it presents.
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