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This past week had the spotlight on the memecoin market with various top meme coin projects making headlines while a few others consolidated. One such project is Shiba Inu (SHIB), making the headlines and sending encouraging signs across its ecosystem. Despite this Shiba Inu news, experts still believe there’s a rival meme coin with a higher profit potential and should be on every investor’s radar.
Latest Shiba Inu News: A New Burn Portal Sets the Tone for SHIB Price Recovery
The latest Shiba Inu (SHIB) news is around the newly introduced burning tool called The Burn Portal. Leveraging the project’s L2 scaling solution, Shibarium, this new burn portal uses $BONE for gas fees and reduces the cost on users.
Here’s how it works: Smart contracts in the ecosystem collect $BONE to buy $SHIB, which is then sent to a burn address. With over 40% of the total SHIB already burnt and the rapid growth of Shibarium, experts predict that more SHIB will continuously get eliminated.
This development affects SHIB price performance as SHIB investors and analysts can now see a ray of hope that SHIB price will grow. These analysts predict growth to be between $0.00001334 and $0.00001575 before the end of 2023 as the new burn portal will boost user adoption thanks to the cheaper transaction fees and higher deflationary force this portal brings. Good news for SHIB holders.
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Why is Pikamoon (PIKA) Still Another Meme Coin Investors Must Consider Over SHIB?
Experts believe that despite the latest positive SHIB news, Pikamoon (PIKA) is a rival project offering investors more. Hence, it’s one they all must watch out for.
A GameFi project that features an appealing play-to-earn game setup, named Pikamoon Adventure, to reward gamers with crypto when they are successful and treat them to a wholesome metaverse experience certainly has a surer chance at success.
This project also adds more innovative features and technology like the marketplace where gamers can buy boosts for their avatars using $PIKA and exchange their rewards for real money using Transak. And there’s more:
● PIKA: A Token in Demand
PIKA is the monetary symbol of every part of the project which is a promising sign to investors. This fast-growing GameFi token enjoys multiple use cases propelling it to explosive profits upon launch this year after a record-breaking presale.
Functioning as the reward token for Pikaverse gamers, purchase and conversion tokens on the marketplace, and the utility token to be part of the 18,012 NFTs giveaway, PIKA is a token in demand and enjoys continuous value and profit growth.
● Pikamoon Adventure for Offline Gamers
Every gamer that seeks the metaverse gaming experience offline gets a special opportunity at this with the game-changing Pikamoon Adventure that rewards gamers and treats them to the same wholesome experience offline as is available online. This is an edge Pikamoon has over other GameFi projects, boosting its utilities, and value across the GameFi ecosystem.
● Supported by Crypto Powerhouses
Savvy investors, and analysts, with an eye for the most successful projects make up the Pikamoon community and support. They believe in this GameFi project’s growth potential and the possibility of delivering over 20,000% profits upon launch. Therefore, they get involved in every development around the project, bolstering its credibility and backing.
Pikamoon (PIKA) Presale is a Profit Quest
The Pikamoon presale launched a profit quest as it delivered record-breaking six figures in sales in its opening hours and increased this sales figure to almost $4 million already.
Also, while still in its third phase, PIKA already rewarded profits with 300% profits and experts predict there’s still a chance for the project to deliver more millions in profits this year with an eye for a 50x rally.
Secure your stake now by buying $PIKA today.
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
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.