Tech

Which Token Has the Best Prospect?

09/15/2023
Bitcoin Ethereum News

Pikamoon

The majority of the crypto market is bearish; investors are down on their portfolios, and many are desperate to make a profit before the end of the year. These investors are on the prowl for coins that will give the best return on investment.

This is why investors are debating which of these tokens, Ethereum, AAVE, and Pikamoon, is guaranteed to give a 50X return before the end of 2023. In this article, we’ll discuss the features of Ethereum and AAVE and their future price predictions. 

We’ll also discuss the important features of Pikamoon and why experts believe it has the best shot at making 50X returns on investment for early investors. 

Ethereum Price Prediction for 2023

While Ethereum is undoubtedly a superstar crypto, the price of the ETH token has plummeted by over 66% from its all-time high. Ethereum, which analysts believe has made a reversal in trend direction, has dropped by 2.9% in the last 14 days and by over 10% in the last 30 days. 

Expert analysis of the Ethereum chart shows that the price of the ETH token is dropping after a rejection from the $1886.1 resistance zone. Analysts believe the fall in Ethereum price may be short-lived if the price of ETH is able to bounce off the support zone at the $1592.9 price region and rally above the resistance zone at $1939.4.

In the event this doesn’t happen and the price breaks below the $1587.6 support zone, experts believe we may see the price of ETH slump as low as $1134.4 in the coming weeks. A drop in the price of ETH to such lows will drag along any investor’s dream of a potential 50X on the coin, making it an almost impossible feat. 

AAVE Price Prediction for 2023

The price of the AAVE token has been falling like a boulder rolling down a steep hill. The price of AAVE has slumped by over 87% from its all-time high. The price of the token has also dropped by over 5% in the last 7 days and by 15% in the last 30 days.

This continuous drop in price has kicked a lot of AAVE investors out of profit, smashing all hopes of the coin raking in 50X returns for investors in 2023. Expert analysis of the AAVE chart shows that the price in the weekly time frame is forming a descending triangle pattern.

Analysts believe this pattern may result in further bearish momentum for AAVE and may send the price of the token as low as $30. This is why experts have reached the conclusion that Pikamoon has the best potential of the three coins to deliver 50X returns for investors before the end of the year. 

What is Pikamoon?

Pikamoon is a leading GameFi project that is poised to transform the crypto industry with its native token, $PIKA. $PIKA is a high-utility token that serves as the sole means of exchange in the entire Pikamoon ecosystem. This wide range of uses confers high value on the $PIKA token and makes it highly sought after by investors.

$PIKA is also a deflationary token whose value is said to increase with time. The Pikamoon team made this possible by putting a system in place that permanently burns 0.5% of every $PIKA token used in the Pikamoon in-game marketplace. 

This burning mechanism creates some scarcity that increases the value of the available $PIKA tokens. This means investors who hold $PIKA tokens long-term will see massive appreciation in their portfolios. 

In addition to this, the Pikamoon team, due to their commitment to the long-term success of the Pikamoon project, has put plans in place to ensure the continued innovation of the platform. 

To achieve this, 32% of the total minted $PIKA tokens have been allocated for the continued development of the Pikamoon platform. This will ensure the standard of gameplay, user reward system, and overall innovation of the platform are maintained at the highest level over the course of 10 years. 

This level of commitment to sustainable growth and its inherent potential is why Pikamoon has been featured multiple times in the top 10 cryptocurrencies to buy.  

Pikamoon Presale

Investors are rushing to buy $PIKA tokens while the prices are still at $0.0006 because they know for sure the price of the token will skyrocket once it launches. Don’t miss out on the biggest crypto move of 2023. Get on the Pikamoon presale now!

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/making-an-easy-50x-ethereum-aave-and-pikamoon-which-token-has-the-best-prospect/