A new day in the crypto market doesn't come without a new topic of discourse or analysis. This explains why the best crypto analysts maintain awareness of the latest happenings. You don't want to be left in the dark. The latest in the crypto space comes from the Kava ecosystem.
With Kava’s recent bearish price performance, Kava (KAVA) investors must now decide on their holdings. In this article, expert analysts consider if the recent turn of events is a sign of the end of an era for Kava or the dawn of a new coin revolution.
What is Kava (KAVA)?
Kava is an L1 blockchain and DeFi lending platform that uses the Tendermint consensus engine to seamlessly blend the interoperability of Cosmos’ SDK and Ethereum’s smart contract development.
This project delivers rapid, interoperable, and developer-friendly solutions with resources that are optimized for protocol growth. This delivery is thanks to its Cosmos EVM which produces high scalability, speed, security, and support.
Kava Price Performance: Is the Bears’ Grip on KAVA Ending Soon?
Kava (KAVA) price saw a dip into the red zone as it fell by a distance. On August 13, 2023, KAVA traded at $0.84. In the week prior, it recorded a low point of $0.810430 and a high point of value at $0.872735.
Also, Kava has a market cap of $566,059,611 and a 24-hour trading volume of $7,899,160. In the past 30 days, Kava has seen a 17.5% decline, and in the past week, it’s plunged by 4.2%.
Indeed, this price swing signifies a bearish grip and a downward direction. Still, Kava price prediction sees it reaching $0.93 by the end of the year which remains good news for investors.
However, a new coin revolution on course for 50x profits this year appears to be making KAVA investors switch loyalty.
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Pikamoon (PIKA): Revolutionizing GameFi with Massive Profits
Pikamoon is a P2E project that rewards gamers with NFTs or PIKA when they successfully partake in activities like monster battles, bounty searches, and more.
To better this project’s offering, Pikamoon adds innovative features like an exchange and trade marketplace, building on the latest technologies and combining the powers of two blockchain networks.
And there's more:
You Come for the Game and Stay for the Money-Making Opportunities
Pikamoon is powered by a metaverse game called Pikamoon Adventure. As part of the opportunities, players get to enjoy both online and offline game modes. With this, Pikamoon players enjoy an edge over other metaverse gamers. And with that comes more use and demand for PIKA, boosting its value and delivering more profits for investors.
Ethereum and MultiversX Blockchains Combines in One
Pikamoon (PIKA) builds on two of the best blockchains in the crypto space. With the Ethereum blockchain comes the NFT edge. And with MultiversX (formerly Elrond) comes an advanced metaverse gaming delivery. This means Pikamoon and PIKA can scale with ease and continue to deliver huge profits to investors amidst the present influx.
PIKA is on Course for Explosive Profits
PIKA, the project’s native token is deflationary and this means, with time, the total PIKA supply will reduce. When this combines with how often gamers use the token often in the Pikamoon Adventure game, there is a token scarcity. Subsequently, PIKA’s value increases and there's more profit for PIKA holders.
From the start to its ongoing third phase, Pikamoon presale has enjoyed fast sellouts and rewarding ROIs. Investors recognize this potential for 50x more profits, as called by analysts, and are wasting no time in making that move.
Be a part of this 50x ride by buying $PIKA today .
Find out more about Pikamoon (PIKA):
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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.