Ethereum gave Bitcoin the closest competition since the project launched as a top altcoin. Ever since, Ethereum (ETH) hasn't had any competition as stiff as this fast-growing token as the latter looks set for 50x gains.
This article reviews the chances of this new meme coin taking over from Ethereum (ETH) and what this means for investors.
Ethereum (ETH) Price Journey as the Smart Contract Pioneer
Ethereum’s proficiency in executing smart contracts drove it to the forefront of blockchain innovation. With smart contracts, developers automate processes and get rid of intermediaries. This tool paved the way for more efficient and transparent applications. There are a ton of DApps hosted on the Ethereum ecosystem, serving various uses from decentralized finance (DeFi) to non-fungible tokens (NFTs). Overall, Ethereum’s versatility and developer-friendly setup make it an enabling and innovative platform.
With blockchain technology continuing its efforts at revolutionizing industries, Ethereum’s importance in the crypto world remains fundamental and ETH price growth emphasizes that. If as an investor you need that exposure to a diverse range of projects built on a robust blockchain, Ethereum is a solid choice.
Ethereum (ETH) price is currently set at $1,830, which is 0.1% down in the last 24 hours. As the second-largest crypto, ETH has been going through minor loss phases in the past few days. The price chart reveals the issues ETH is having in its attempt to break above its current resistance levels. ETH technical indicators reveal mixed signals. But, the moving averages are still in a bullish shape, meaning an uptick might not be far off.
Nonetheless, the RSI is drifting in neutral territory, indicating an absence of clear direction. Investors and traders should pay close attention to the support level around $1,800 and the resistance level near $1,900. Should the Ethereum price break below $1,800, that might result in additional selling pressure. But. a break above $1,900 could bring in fresh bullish momentum.
Pikamoon (PIKA) Betters Ethereum (ETH) Price Growth Offering to Investors
Pikamoon builds a world of adventures called the Pikaverse where the Pikamoon Adventure P2E game works as a reward initiative for gamers. Gamers get rewarded with NFTs or PIKA for their success in activities like monster battles, bounty searches, and more. This project also adds innovative features like a marketplace, and seamless exchange, through the latest technologies and support from two blockchain networks as explained below:
Come for the Game. Enjoy the Profits
The metaverse game that powers Pikamoon is for players to enjoy both online and offline. This means Pikamoon gamers have an edge over other GameFi gamers. Plus, that means more use and demand for PIKA, increasing its value growth for gamers and delivering more profits for investors.
Built on the Ethereum Blockchain and One Other to Compete with Ethereum
Pikamoon (PIKA) builds on two of the best blockchains in the market and one of them is the Ethereum blockchain. It also builds on MultiversX (formerly Elrond). These networks better the metaverse gaming and NFT edge of the project, allowing Pikamoon and PIKA to scale with ease and continue to deliver explosive profits to investors.
PIKA is Ready to Deliver Millions
PIKA’s deflationary design is the one of the biggest features driving its growth. As time goes on, the total PIKA supply reduces gradually. Combining this deflationary feature with thousands of gamers using the token often in the Pikamoon Adventure game means only one thing, the price of PIKA will soar!
Pikamoon Presale's Success Delivers the First Sign of Possible 50x Gains
PIKA is selling out fast as investors recognize the potential for 50x more profits, as called by expert analysts. This is expected after the 300% gains it already delivered to early investors.
Also, the three phases delivered sales of PIKA worth almost $4 million, meaning PIKA enjoyed more attention and demand in the presale.
Find out more about Pikamoon (PIKA):
Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.