Pikamoon’s ($PIKA) strategic launch on leading tier 1 exchanges, aligned with the next crypto bull run and widespread positive sentiment, uniquely positions the project for significant success.
The cryptocurrency market has been on a rollercoaster ride over the past few years, experiencing both remarkable highs and devastating lows. However, savvy investors know that with each cycle comes new opportunities to capitalise on the potential growth of emerging digital assets.
As we enter the next crypto bull market, one project that is generating considerable excitement and has captured the attention of many is Pikamoon (PIKA). This GameFi token is being compared with AXS, ILV, and SAND in terms of potential – and for a good reason. In this article, we will explore the reasons why Pikamoon is poised for success in the upcoming crypto bull market.
Factors Contributing to Pikamoon’s Potential Success
Pikamoon is a GameFi project that combines gaming, blockchain, and decentralised finance (DeFi) to create a Play-to-Earn (P2E) Web3 game powered by the PIKA token.In this article, we will explore some of the key factors that make Pikamoon a promising contender for the bull market.
1. Highly Strategic Timing of Launch
Pikamoon launched on CEXs and Uniswap just yesterday (Friday 22nd March). Such release date coincides with the onset of the next crypto bull cycle – which is being catalysed by the Bitcoin halving event, among other bullish crypto developments. In turn, this means that there will be a lot of new interest and investment in the crypto market, especially in the GameFi sector.
To highlight Pikamoon’s potential, we compare its market cap to two top GameFi projects from the last bull run: Axie Infinity (AXS) and The Sandbox (SAND).
As per CoinGecko, in January 2021, SAND was at $0.03 with a market cap under $10 million. On the other hand, AXS was at $0.5 with a market cap of $30 million. Remarkably, by November 2021, during the peak of the bull run, both projects reached billion-dollar valuations in just 11 months.
By offering a similarly rich and dynamic gaming world where players can capture, battle, and evolve Pikamoon NFT characters, Pikamoon aims to be the 2024 version of these projects.
PIKA launches with a market cap of around $10 million (30x lower than rivals), which means that it has a lot of room to grow and potentially reach the same level of success as AXS and SAND.
2. Positive Word of Mouth and Market Sentiment
Pikamoon is enjoying positivity and bullishness when it comes to its ongoing market sentiment, as evidenced by its impressive presale performance and media coverage.
Pikamoon sold out the final phase of its presale just seven days into its 60-day countdown, amassing over $1.3 million in sales off the back of a hugely successful influencer campaign.
The anticipation surrounding PIKA’s launch was significantly amplified by the support of prominent figures in the cryptocurrency sphere, including Jacob Bury, Mathew Perry, and Jake Gordon, among others. Known for their deep insights and substantial followings, these crypto influencers enthusiastically endorsed PIKA, heralding it as ‘the best GameFi investment before the next crypto bull run’ and ‘the new 100x gaming altcoin’.
3. Adoption on Tier 1 Centralised Exchanges (CEXs)
Another factor that contributes to Pikamoon’s potential success is its adoption on tier 1 centralised exchanges (CEXs).
For context, CEXs are platforms that allow users to buy and sell crypto assets using fiat or other cryptocurrencies. Tier 1 crypto exchanges provide greater visibility and liquidity to any crypto project, as they attract a large and diverse user base.
Through securing partnerships with leading centralised exchanges and Uniswap (and counting), this signals that the token is now available to millions of worldwide users to trade and own.
This is a rare and impressive feat for a new token, as most ICO projects have to go through a long and rigorous process in order to get listed on CEXs. This shows the legitimacy and quality of Pikamoon, as well as the confidence and support of the leading exchanges.
4. Setting a Transparency Standard in the Crypto Market
Pikamoon has demonstrated the highest levels of transparency by fully doxxing its team, as now, the identities and backgrounds of its execs are publicly revealed and verified.
The #Pikamoon Founders are now doxxed 👀
Exciting times for the #PikaArmy
➖@lukeyapples Aka. Kanto (Co-CEO)
➖@altcoinconrad Aka. Brock (Co-CEO)The full development team behind the game & $PIKA is also now public!
➖@orbitcosmoshq🔌 $200 Giveaway (Follow all, RT, Like) pic.twitter.com/YE8aQsw4FF
— Pikamoon (@PikaMoonCoin) February 29, 2024
This is a rarity in the crypto space, as projects often operate anonymously or under pseudonyms. By doxxing themselves, the Pikamoon team shows that they hold the utmost confidence and pride in what they’re building, and that they have nothing to hide.
The Pikamoon team also communicates regularly and openly with the community, through various channels such as X, Telegram, Discord, Reddit, LinkedIn and Medium. Here they share updates, announcements, and insights on the development and vision of the project, as well as engage with feedback and suggestions from the users.
Another way Pikamoon interacts with its community is through the ‘Pikamoon Podcast’. In its inaugural episode, the Co-Founder trio of Brock, Kanto, and Nix discuss various topics related to Pikamoon and the GameFi industry – serving as the best way to connect and engage with the execs leading the PIKA movement.
5. Astute Tokenomics for Sustainable Growth
Tokenomics is the term used to describe the design and function of a crypto token within its ecosystem. Well-designed tokenomics can create a positive feedback loop, where the token value increases as the project develops and attracts more users.
Pikamoon has smart and balanced tokenomics that aims to create a fair and rewarding system for all stakeholders. The total supply of PIKA is capped at 50 billion tokens, of which 15 billion have been sold in the presale, 16 billion are allocated to ecosystem development, and 5 billion are reserved for PIKA staking rewards. The remaining tokens are distributed among the liquidity pool, team, advisors, and marketing.
PIKA is the native token of Pikamoon, and it serves as the main medium of exchange and governance within its gaming metaverse (a.k.a. the Pikaverse). PIKA can be used to purchase, breed, and trade Pikamoon NFTs, as well as to access special features and events in the game.
PIKA coins can also be earned by playing the game, completing missions, and participating in battles and tournaments. Additionally, PIKA holders can stake their tokens to earn passive income and voting rights, as well as to access exclusive benefits and rewards.
Pikamoon is a deflationary token with a 0.5% transaction tax on sell orders and transfers. This tax is used to burn tokens and therefore reduce its supply and increase its scarcity. In turn, this creates an incentive for users to hold and use PIKA, rather than sell or transfer it, which will then boost the overall demand and value of the token.
6. Low Barrier to Entry
Another factor that favours Pikamoon’s success is its low barrier to entry, as it’s easy and affordable for anyone to join the Pika Army (i.e. its community of 15,000+ holders). This is because the token launched yesterday at a price of just $0.0007.
In turn, this means that users can buy a large amount of PIKA with a small investment, and potentially see a huge return as the project grows and the token appreciates.
Moreover, Pikamoon is designed to be accessible and user-friendly, regardless of the user’s level of experience or knowledge in crypto or gaming. This is down to the game’s simple and intuitive interface, which is accompanied by engaging graphics and animations.
The game also has a tutorial and a support system that guides the user through the basics and the features of the game. It’s also compatible with various devices and platforms, such as Android, and iOS, allowing the user to play anytime and anywhere.
Furthermore, Pikamoon is based on P2E, which means that users can earn crypto and NFTs by simply playing the game. This is a great way to attract and retain users, as well as to introduce them to the world of crypto and GameFi.
According to Business Research Insights, the GameFi industry is projected to reach USD 90.51 billion by 2031, up from USD 9 billion in 2021, exhibiting a CAGR of 27.13%. This shows the huge potential and demand for GameFi projects like Pikamoon, especially those that offer a low barrier to entry and a high return on investment.
7. Strong Community and Ecosystem
Pikamoon has built a loyal community and ecosystem that sets it apart from other GameFi projects. It is entirely community-backed, with over 15,000 holders and community members, as well as 10,000+ Beta players as of the time of writing.
The PIKA community is active and enthusiastic, participating in various social media platforms, online events, and contests organised by the project. It also contributes to the development and improvement of the project by providing suggestions, bug reports, and general feedback.
Pikamoon also boasts a diverse and dynamic ecosystem that offers a variety of features and opportunities for users. The ecosystem consists of the following three main components:
- The Pikaverse is the core metaverse of the project, where users can explore, capture, breed, and evolve digital creatures in the form of Pikamoon NFTs, as well as interact with others.
- The Pikamoon Store is where users can buy and sell Pikamoons, items, and accessories, using PIKA or other cryptocurrencies.
- The Pikamoon Arena is where users compete in various modes and formats, such as PvP tournaments and leagues. Of course, PIKA is the P2E reward on offer here.
8. Partnerships and Collaborations
The last factor that we will discuss contributing to PIKA’s success is the partnerships and collaborations that they have established with other entities and organisations in the crypto and gaming industry.
Pikamoon has formed strategic collaborations with some of the most prominent and reputable names in the industry, such as Kevuru Games, the leading Kyiv-based developers team behind projects such as Star Wars and Fortnite. Due to this partnership, the developers were able to release Beta in just 6 months, which is quite a milestone.
With the development reins now passed over to its own in-house team at Orbit Cosmos, Pikamoon is now in the process of building out an open-world metaverse (with an industry-shaking trailer to soon be released).
By opting for an uncompromisable in-house dev process, Pikamoon seeks to replicate the success of Axie Infinity creators Sky Mavis. To do this, it seeks to leverage the complete control that it’ll have over the building process, as now the team can build exactly what they want, down to the very last pixel. Additionally, this also allows for a streamlined feedback system, wherein community concerns, bug reports, and suggestions will easily reach the development team.
Final Thoughts
All things considered, Pikamoon is undoubtedly poised for success in the next crypto bull market. With a strong and experienced team at the helm, a unique and engaging concept, and a clear roadmap ahead, Pikamoon has all the ingredients necessary to thrive in the crypto and gaming industry.
The P2E model has already gained significant traction in the crypto space, with projects like Axie Infinity leading the way. Pikamoon aims to build upon this trend by offering a captivating and immersive gaming experience that rewards players for their time and effort.
Further, when the game launches in full, the demand for PIKA is set to soar. PIKA holders can also benefit from holding their tokens, as they can stake them to earn passive income and rewards, as well as access exclusive features and events in the grand Pikaverse.
So, if you’re still sleeping on it, now is the right time to ape-in on PIKA whilst it’s still in its early trading days. This is because the token is expected to pump in value as trading continues, meaning a miniscule price of just $0.0007 is an opportunity you don’t want to miss.
Is PIKA the Next AXS? – FAQ
What is Pikamoon?
Pikamoon is a GameFi project that merges gaming, blockchain, and DeFi elements to offer a P2E Web3 game, leveraging its PIKA token for transactions within its ecosystem.
Why is Pikamoon considered a promising investment for the next crypto bull market?
Pikamoon (PIKA) has launched during a new crypto bull cycle, has a low initial market cap (suggesting room for growth), a sell-out presale, and has endorsements from crypto influencers. Of course, it also hosts an industry-leading AAA GameFi title with P2E elements.All of these elements make a recipe for success, which is why many crypto experts are calling it a prime investment for the future.
How does Pikamoon compare to previous GameFi successes like AXS and SAND?
It aims to replicate the success of top GameFi projects by strategically timing its launch before the bulls take charge, providing a rich gaming experience where players can engage with NFT-based creatures, whilst also offering significant growth potential from the low market cap of the token.
What are the main features of Pikamoon?
The main features that distinguish it from other GameFi projects include a 30x lower market cap; adoption on tier 1 centralised exchanges; transparency with a fully doxed team; astute tokenomics; and a low barrier to entry for participants.
How does Pikamoon’s tokenomics work?
The PIKA token has a capped supply of 50 billion tokens, with portions allocated for ecosystem development, marketing, staking rewards, and the team. PIKA is also used for transactions within the game, and offers staking rewards and governance rights to holders.
What makes Pikamoon accessible to new users?
PIKA is an accessible project thanks to Its low token price, user-friendly game design, compatibility with iOS and Android devices, and play-to-earn model that doesn’t require upfront investment.
What is the projected future of GameFi and Pikamoon’s place in it?
With the GameFi industry expected to grow with a CAGR of 26.60% by 2030, Pikamoon is positioned to capitalise on this trend by offering an engaging and rewarding gaming experience alongside its community-driven ecosystem.
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
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