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It's two sides of a coin in the crypto market recently as the top project, Ethereum (ETH), hits a drawback while the recent market downturn rages on. But, on the flip side, there's a new GameFi sensation, Pikamoon (PIKA) smashing its ongoing presale with signs of more record-breaking growths to come.
With this polar situation, investors are tied between two choices: 'Should I invest in Ethereum (ETH) or invest in Pikamoon (PIKA)?' Only thorough analysis, as you would find in this article, can provide clarity.
Following the recent massive market downturn, Ethereum's on-chain activities like daily address activity, holdings, and exchange supply have turned bearish in the past few days. Data from crypto intelligence tracker, Santiment, reveals a drop in daily active addresses in the past 48 hours. This decline could have led to a dip in Ethereum price falling from $2,011 on July 13 to $1,876 at press time.
Trading charts also show how ETH supply on exchanges has risen between July 16 and now, following the constant drop over a multi-month span. Also, whale activity has dwindled since its height in mid-July. Experts believe these bearish on-chain metrics might have caused the rise in selling pressure on Ethereum.
At press time, Ethereum price, according to CMC, is $1,876.67 and the altcoin has maintained its position above the critical level of $1,800. This dwindling situation doesn't spell fortune for ETH holders. Unlike Ethereum, Pikamoon (PIKA) has seen a massive uptick in various areas despite it still being in the third phase of its presale.
Pikamoon's presale started strong, selling out the first phase quickly. As the presale nears its conclusion with the third and final phase selling out, 1 $PIKA is now trading at $0.0006, marking a remarkable 300% growth from the initial price of $0.0002 for early investors.
Nonetheless, the presale continued in its strides, making more headway this past month. Investors see its present price as the perfect entry point for investors seeking huge profits this year as the token is set to deliver a further 10,000% pump before the end of the year.
Pikamoon kindles its record-breaking presale success through its active community, maximizing the support of a community of top gaming enthusiasts, expert investors, and whales. With this approval and backing from the best, this hybrid memecoin enjoys more credibility and boost as it gets poised to take over the industry at launch as it has begun right from its ongoing presale.
The Pikamoon team is an assembly of thoroughbred professionals who have undergone a thorough doxxing process. With that, the project gains the trust of its community and top crypto investors. The verification procedures include KYC verification and proper audits.
Hence, Pikamoon guarantees a team of only trustworthy individuals, a project that guarantees top security level, and an enabling environment for investors seeking long-term investment security.
Pikamoon (PIKA) is set up to have every essential element for constant growth within reach. Also, its team of professionals is focused on creating a platform where endless innovations and growth are constant in various aspects of the project. One of the many strategies is putting aside 10 billion of the 50 billion tokens minted for strategic development in lagging aspects of the project.
Trust Pikamoon (PIKA) to give you steady long-term profits and security. Here is one investment opportunity no one should miss. Secure your stand by buying $PIKA now!
Buy Now: https://pikamoon.io/buy
Website: https://pikamoon.io
Twitter: https://twitter.com/Pikamooncoin
Telegram: https://t.me/pikamoonofficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
