Meme coins have gained widespread attention as an investment opportunity within the crypto space. Notably, tokens like Dogecoin (DOGE), Shiba Inu (SHIB), Floki Inu (FLOKI), and Pepecoin (PEPE) have transformed certain individuals into crypto millionaires. However, the landscape is evolving, and new tokens with substantial utility are emerging as popular choices.
The latest memecoin on the block promises to deliver a whopping 7000% upside, leaving many to wonder if even the beloved Pepe can compete.
In this article, we’ll take a closer look at the hype surrounding this new token and explore whether it truly has the potential to be a game-changer in the crypto space.
Pepecoin (PEPE) is a memecoin that pays homage to the widely-known internet meme character, Pepe the Frog. Presently, PEPE lacks any utility. On the official website of Pepecoin, its developer said: “$PEPE is a memecoin with no intrinsic value or expectation of financial return.”
PEPE seems to be a cryptocurrency created purely to ride on the coattails of popular tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI). Despite the fact that the value of cryptocurrencies is often driven by hype and speculation, PEPE still managed to achieve a market capitalization of over $1 billion after being listed on Binance on May 5, 2023.
However, as investors begin to cash out on their profits, many are now searching for promising new crypto projects that have the potential to maximise their returns. Enter Pikamoon, the latest memecoin to hit the market and the one that experts are calling the next big thing.
⚡️Welcome to #Dreva⚡️— Pikamoon (@PikaMoonCoin) March 14, 2023
The first official in game shot! 👀
Join the #PikaArmy ➡️ https://t.co/RS4SzL4OAP
🚨$100 $EGLD Giveaway + 5 WL🚨
– Follow @PikaMoonCoin
– RT, Like & Tag 2 Friends pic.twitter.com/cwFsMvzF6S
What is Pikamoon?
Pikamoon is a groundbreaking play-to-earn (P2E) game that is drawing the attention of many crypto enthusiasts as well as skeptics within the blockchain community.
Pikamoon draws inspiration from the iconic Pokemon, specifically from games like Pokemon Red and Pokemon Sapphire, as mentioned in its official whitepaper. The game’s developers have taken note of the simplistic style of those games, which makes them appealing to both new and seasoned players.
While turn-based strategy (TBS) gameplay is a common feature in play-to-earn (P2E) games, Pikamoon sets itself apart by aiming to elevate the graphical fidelity of this genre.
By enhancing the visual quality, Pikamoon delivers an immersive and visually captivating experience that raises the bar in the GameFi ecosystem, matching the impact Axie Infinity has had on GameFi.
Why Crypto Whales Think Pikamoon Will Outperform PEPE
Memecoins typically exhibit common characteristics: they tend to align with ongoing viral trends, experience short lifespans, and demonstrate volatile price fluctuations characterized by rapid peaks and subsequent downturns.
Pikamoon aims to change these common themes of memecoins by providing utility and intrinsic value to its native token, $PIKA.