The crypto market is rocky and depending on how the volatility bell swings, impacts do not end with the profit and loss dynamics. The negative price performance of a project spurs reactions from token holders, investors, and community members. For Fetch AI (FET), the recent unfavorable price performance in the last 7 days has seen the token dip by 10%, raising concerns about the future of the project.
Now, every FET investor wishes to know if it’s time to sell the token and make a switch or hodl. The answer to this question is in this article. So, grab a seat and read on!
What is Fetch AI (FET)?
Fetch.ai is a blockchain-based artificial intelligence (AI) and machine learning (ML) project providing individual AI protocols with a platform to build and scale regardless of where and when. Fetch.ai also fosters further market creation to enhance value data.
FET, the project’s governing token, serves as the payment medium for the execution of services, like data distribution, on the platform also serving as a crucial source of value exchange.
As an ERC-20 token built on the Ethereum blockchain, Fetch.ai token (FET) functions as a key element for all network exchanges and gas fees. Despite these use cases, FET continues to struggle with dwindling price momentum and can barely hold on to its investors who have been flocking to other projects like Pikamoon (PIKA), hoping for profits from the rocketing play-to-earn king.
Fetch AI (FET) Price Correction: Is It Time to Sell?
Fetch AI (FET) has had its fair share of the recent market conditions, leading to a recent 25% dip in its price. Price corrections like this are not unusual in the volatile crypto space. They are often caused by various factors including market sentiment, top investors’ speculation, and broader market trends.
While there might be a temporary setback, causing investors to switch, Fetch.ai’s underlying technology and vision for AI-driven solutions remain intact making it likely to see a bounce back in the long term.
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Pikamoon (PIKA) Presents an Easier and More Promising Option to Fetch AI (FET) Investors
Most crypto experts describe Pikamoon (PIKA) as an ambitious and disruptive GameFi project featuring an array of novel features all in a riveting play-to-earn game called the Pikamoon Adventure.
With a primary focus on the P2E game of this revolutionary project, Pikamoon sets it in an upgraded metaverse, the Pikaverse. This metaverse is created using the most advanced 3D creation tool, Unreal Engine 5.
Also, in this game, Pikamoon rewards gamers with PIKA and NFTs when they build empires, win adventure contests, and find hidden treasures. For a better shot at these rewards, Pikamoon presents an in-game marketplace where gamers can increase their avatars’ ability by buying power ups using $PIKA.
Aside from this setup, there’s more to this promising project:
● High Demand and Consistent Growth
It’s exciting and promising for investors to discover how this setup positions Pikamoon for consistent growth as every feature on the platform requires $PIKA.
With that use comes high demand, making it one of the fastest-growing GameFi tokens readied with enough use cases. PIKA works as the reward token for gamers in the Pikaverse, the payment token on the marketplace, and the utility token that gives you a chance at winning one of the 18,012 NFTs up for a giveaway.
● Scaling and Expansion with Two Blockchains Supports
Pikamoon (PIKA) makes the most of its blockchain roots by building across two leading NFT and Metaverse blockchains, MultiversX (Elrond) and Ethereum. Thanks to this, Pikamoon and PIKA are equipped to scale with ease and record explosive rise in profits and value amidst the ongoing massive influx of gamers and investors into the ecosystem.
Pikamoon presale brings respite to any FET investors as it makes a huge statement to the presale world by amassing well over $3.6 million in sales and increasing by 300% in value. This happened while still in its third and final stage, which paints an encouraging picture in the minds of Fetch AI (FET) investors looking forward to a project with portfolio redemption prospects.
FET investors are in and set for huge profits. Join in the profit spree by investing in $PIKA now.
Find out more about Pikamoon (PIKA):
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Website: https://pikamoon.io
Twitter: https://twitter.com/Pikamooncoin
Telegram: https://t.me/pikamoonofficial
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.
