Solana (SOL) Might Not 10x This Year, But This New GameFi Token Will

By NewsBTC July 29, 2023 In GameFi, Projects, Solana, Staking

Solana (SOL) is on the rise. So, why has another token, Pikamoon (PIKA) been tipped to deliver the 10x profits Solana investors seek? Dive in to know why.

Pitching your tent with the right project is the only way to maximize this next bull run. This explains why savvy investors take their time to research projects’ prospects before making a move.

And thanks to this research, experts have found Solana (SOL) to be a profiting project. However, they believe the chances of this token delivering 10x in profits this year is bleak. Instead, they recommend this new GameFi token for investors seeking 10x this year.

Here, we reveal the different aspects of these two projects and how they impact their price performances and profit delivery.

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What is Solana (SOL)?

Solana (SOL), an L1 blockchain, is popular for being a big rival to Ethereum, providing DeFi solutions through a proof-of-history (PoH) consensus mechanism. Also known as ‘the Ethereum killer’, this network parades extremely fast processing times, exceptional scalability, and very affordable transaction costs.

Thanks to these features, Solana earns its spot as the leading choice for numerous NFT-based dApps and DeFi communities.

Solana (SOL) Might Not 10x This Year

Solana’s SOL price experienced a quick surge like several other cryptocurrencies, hitting a new year-to-date height right after Ripple’s partial win in its ‘securities investment’ case with the Securities Exchange and Commission.

As soon as the news dropped, the token rose by 48.09%, reaching a trading value of $32.40, before a price correction took it back below the $30.00 price level. This positive price movement after the ruling not only meant loss recovery for SOL token holders after the losses incurred in the June 2023 decline. This decline was due to the SEC classifying SOL as a security in another lawsuit against Binance and Coinbase. Also, this surge sees SOL hit profit levels not recorded since the FTX collapse in November 2022.

Regardless, according to data on the network’s usage and market performance, a long-term bullish price trend that could deliver 10x this year is unlikely, with the $30 level creating a critical resistance level. Yet, experts still have their hopes of 10x gains confidently in this new GameFi token called Pikamoon (PIKA).

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Pikamoon (PIKA) is the GameFi Token Chosen Over Solana (SOL) to 10x This Year

The Pikamoon (PIKA) project begins its ascent to becoming a top GameFi sensation by presenting a thrilling play-to-earn game called the Pikamoon Adventure.

In this play-to-earn game, gamers get rewarded for building empires, competing with other gamers, embarking on successful adventures, and discovering bounties. In addition, there’s an in-game marketplace for gamers to increase their chances at success by buying power boosts for their avatars using $PIKA and also exchange their crypto rewards for real money.

The game isn’t the only part of this project inspiring its promising growth. There’s more.

● PIKA’s Rising Demand Drives Its Growth

One huge advantage PIKA enjoys is that it plays a key role in every aspect of the project as the project’s financial symbol.

PIKA gets its demand from being the native token of the project, a reward token for Pikaverse gamers, a purchase token on the marketplace, and the utility token to be part of the 18,012 NFTs giveaway. These use cases raise its demand and help it grow in value and profits.

● Online and Offline Gaming

It’s a new feature for GameFi projects. Presenting a metaverse game in both online and offline gaming modes is one of the reasons Pikamoon is superior to other GameFi projects. Plus, this addition boosts the use of the token and its value as gamers earn rewards in PIKA and use it in-game with or without an internet connection.

● The Best Crypto Figures Support Pikamoon

Several top crypto investors, analysts, and whales with a proven pedigree of being the best in their different niches have thrown in their weights behind Pikamoon’s prospect.

For them, this is one of the fastest-growing GameFi projects out there. They see Pikamoon delivering 10x in profits upon launch, having delivered 3x already in its presale.

The Pikamoon Presale Shows the Project’s 10x Potential Best

The Pikamoon presale was welcomed into the presale world with overwhelming demand when it started in April. This demand delivered a record-breaking six figures in sales in only its opening hours. And as it wraps up its third and final stage, PIKA has translated a $4 million sales record into a 3x ROI for early investors showing how profitable this project can be.

Finally, with experts tipping PIKA to go on and achieve 10x in profits this year, buying $PIKA today is the best decision you can make for your portfolio.

Find out more about Pikamoon (PIKA):

Buy Now: https://pikamoon.io/buy

Website: https://pikamoon.io

Twitter: https://twitter.com/Pikamooncoin

Telegram:

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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