Nervos Network (CKB) Stagnant Price Is Causing Investors To Look Elsewhere For Fast Recovery

By NewsBTC July 22, 2023 In Cryptocurrencies, Nervos Network

Nervos Network (CKB) has dropped over 93% from its all-time high price, and its investors are becoming nervous and impatient. This massive decline in price has caused the majority of Nervous Network investors to start seeking profitable investments elsewhere.

In this article, we’ll examine expert opinions on the future price prediction of Nervos Network, discuss the prospect of a new hybrid meme coin that analysts believe is the crypto goldmine for 2023.

Nervos Network Price Prediction For 2023

Nervos Networks (CKB) primary goal is to establish a decentralised blockchain ecosystem that is both open-source and secure. It strives to build a peer-to-peer (P2P) crypto-economy network that grants users access to a diverse set of secure blockchain services and functions.

The price of Nervos Network has dropped by almost 7% in the last 7 days and has only gained a measly 1.1% in the last 30 days. It is noteworthy to also mention that the price of the Nervos Network (CKB) token has dropped a whopping 93% from its all-time high of $0.044.

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This continued fall in price is deterring new investors from getting into their buy positions and making old investors reconsider their stance on the coin. Experts believe the price of the Nervos Network token can recover and rally as high as $0.0135 and more.

For this to happen, the price of the token has to move higher and bridge the neckline (resistance) of the inverted head and shoulder structure forming on the weekly time frame. The Nervos Network ecosystem will also require a strong catalyst like a big partnership or product announcement to propel the price and drive more investors to the project.

However, the majority of investors are tired of the stagnancy in price and are moving to Pikamoon, a new hybrid token for fast portfolio recovery and massive profit in 2023.

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What Is Pikamoon

Pikamoon is a leading-edge GameFi project that is poised to transform the crypto industry with its native token, $PIKA. $PIKA is a high-utility token backed by disruptive blockchain technology that makes experts believe Pikamoon will become an industry leader in no time.

In addition, $PIKA is a deflationary token that is designed to increase in value over time. This deflationary mechanism ensures the number of $PIKA tokens in circulation continually decreases over time, thereby increasing the value of available $PIKA tokens. To achieve this feat, the Pikamoon team put a system in place that permanently burns 5% of every $PIKA token used in the Pikamoon in-game marketplace.

This system permanently removes these tokens from the Pikamoon ecosystem, thereby creating $PIKA token scarcity. This means gamers and investors holding $PIKA tokens will get richer as the token will exponentially increase in value over time. That’s not all.

Experts believe the success of any crypto project is highly dependent on its community and their level of involvement with the project. Analysts believe Pikamoon is on its way to becoming an industry leader as its community is teeming with veteran investors and crypto whales who have a track record of supporting only the most successful projects.

This is why other investors and crypto enthusiasts who are yet to get on the Pikamoon train are rushing to the last round of the Pikamoon presale to secure their seats before the train takes off.

Pikamoon Presale

Pikamoon is in the third and last stage of its presale, and tokens are selling out fast. Investors are going all out to bag as many $PIKA tokens as they can since they know this is the last lap of the presale.

Each $PIKA token is selling for as little as $0.0006 in the last round of the presale. Experts believe prices will skyrocket after the coin launches and may rally as much as 100x or more before the end of 2023.

So now is the best time to invest in order to maximise this opportunity. Get on the Pikamoon presale today!

Meta Description: Analysts believe a new hybrid meme coin holds massive potential that will help Nervos Network (CKB) investors recover their losses and make massive profits. Read to learn more.

Find out more about Pikamoon (PIKA):

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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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