Crypto

Pepe Coin Scandal Leaves PEPE Struggling. Experts Recommend a Rival Meme Coin for Better ROI

09/05/2023
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Pikamoon

Several factors affect the price of a cryptocurrency beyond market conditions and sentiments. Like in Pepe coin’s case, the current PEPE price struggle is due to the ongoing scandal involving the meme coin project. 

While this struggle continues, it appears expert analysts have found a new rival meme coin with explosive potential. They now recommend this rival meme coin to investors, PEPE investors especially, for portfolio recovery.  

This article tells you all you need to know about the Pepe coin scandal, PEPE’s decline, and this rival meme coin’s potential.

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Scandals Rock Pepecoin Ecosystem, Sending PEPE’s Price Spiraling

PEPE’s price hit a massive decline after three of its founders maliciously took advantage of a loophole in the cryptocurrency’s multi-signature transfer system. According to reports, the founders carted away $15 million worth of PEPE, sending PEPE spiraling by almost 40% in the past two weeks.

This singular action from the PEPE core team has dealt a serious blow to the trust of PEPE users. Now there are growing doubts around the possibility of Pepe coin bouncing back to its previous high after this. Investors are now considering other meme coins like Pikamoon (PIKA), which has attracted support from many due to its promising momentum.

Besides, Pepe coin’s decline has been huge, hitting a 37.3% decline over the past month and a 23% dip in just the past week. Examining the technical indicators, analysts reveal a pessimistic view of Pepecoin’s future. Coincodex also predicts more sideways movement for PEPE. Overall, the absence of trust due to recent events could hinder PEPE’s comeback.

Experts Find Hopes of Massive Returns in Pikamoon (PIKA)

Pikamoon is a GameFi project with an appealing play-to-earn game named Pikamoon Adventure where successful gamers get crypto rewards and enjoy a wholesome metaverse experience. Analysts believe this setup has a better shot at success.

More so, the project adds additional innovative features and technology to better the project’s potential. Here are some of them:

  • Pikamoon Designs PIKA to Stay in Demand 

As the native token of the Pikamoon ecosystem, PIKA is needed in every aspect of the project. This is a promising sign to investors and drives the token’s fast growth. These multiple use cases drive it to explosive profits as it has recorded in its record-breaking presale. 

PIKA is the reward token for Pikaverse gamers, purchase and conversion token on the marketplace, and the utility token to be part of the 18,012 NFTs giveaway. This token is always in demand and will continue to grow in value.

  • Metaverse Gaming for All 

Pikamoon Adventure hands every gamer the opportunity to enjoy a swell metaverse gaming experience whether they love to play online or offline. This project rewards gamers and treats them to the same wholesome experience offline as is available online. Here is an advantage Pikamoon gamers enjoy compared to what other GameFi projects offer, increasing its use cases, value, and profits.

  • Endorsed by Crypto Biggest Names 

The biggest crypto investors, and analysts, respected for having an eye for the most successful projects endorse and support Pikamoon. They believe in this GameFi project’s growth potential and the possibility of delivering over 5,000% profits this year. Hence, they get involved in every phase of the project, strengthening its credibility and backing.

Pikamoon (PIKA) Presale Presents the Perfect Entry Point

The Pikamoon presale began as a profitable ride as it delivered record-breaking six figures in sales in its opening hours and increased this sales figure to almost $4 million already. It might only be in its third phase, but early PIKA investors are up by over 100% since the beginning of the presale.

Still, experts predict a possibility for the project to deliver millions in profits this year with an eye for a 50x rally. Currently valued at $0.0006, this is the best time to join the Pikamoon revolution by buying $PIKA now.

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Find out more about Pikamoon (PIKA):

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

Website: https://pikamoon.io

Twitter: https://twitter.com/Pikamooncoin

Telegram: https://t.me/pikamoonofficial

Source: https://www.analyticsinsight.net/pepe-coin-scandal-leaves-pepe-struggling-experts-recommend-a-rival-meme-coin-for-better-roi/