As we gear up for the next bull run, signs are getting more evident for projects like Ripple (XRP) and Cardano (ADA) with a surge in their price and renewed hope for investors.
While this is good news for investors, experts believe new promising projects like Pikamoon (PIKA) are on course for a massive breakout as well. And here's why.
XRP Price Receives a Boost as the SEC Battle Finally Ends
The lengthy tussle between Ripple Labs and the SEC over the category XRP falls into has finally reached a resolution. Judge Analisa Torres of the Southern District of New York affirmed that Ripple (XRP), while not a security for general public sales, could be classified as such for initial institutional sales.
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The recent judgment in favor of Ripple Labs and the broader crypto space has had a significant impact on the price of XRP . In the first few days following the news, XRP's price surged by an impressive 78%, indicating a strong positive sentiment among investors. This surge was a testament to the market's reaction to the favorable ruling in Ripple Labs' legal battle.
However, as with any sudden price movement, the uptick in XRP's price eventually slowed down, and the token is currently trading at $0.699. While the pace of the price increase may have decreased temporarily, it's essential to acknowledge that the overall development still represents a significant victory for Ripple (XRP) and its investors.
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ADA Price Benefits from Cardano Decentralization Efforts
Cardano is a blockchain-based open-source protocol aiming to deliver optimal decentralization through its native token, ADA. Thanks to the security provided by the proof-of-stake (PoS) consensus mechanism, ADA now enables seamless transactions for Cardano users. It also allows developers to develop safe decentralized applications (dApps).
Also, recently, Cardano announced the upcoming deployment of modifications to its protocol through the ingenious Mithril mechanism. This specialized tool helps to enhance the network’s security and make transaction processing timelines faster, hence, improving the overall efficiency of the blockchain network. Top crypto experts have taken notice of this notable growth and are hopeful of its likely effect on the ADA price surge.
Pikamoon (PIKA) Price Surge isn't Ending Soon
As ADA and XRP price surge rages on, experts see a chance for a more promising and feasible opportunity in Pikamoon (PIKA). Here's a disruptive GameFi project built around a play-to-earn game called the Pikamoon Adventure set in the four regions of its Pikaverse.
Here, gamers get PIKA and NFT rewards for defeating monsters in contests and discovering treasures. Gamers can also use the Pikamoon marketplace to boost their avatars’ powers using PIKA. Still, here are more features that foster this project’s growth:
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Use Cases for Demand and Growth
The potential of the Pikamoon project and PIKA lies in their numerous use cases, which create continuous growth. PIKA serves as a financial tool in every project feature, resulting in increasing demand and driving it to new heights. It serves as the reward token for gamers, payment token on the marketplace, and more, fueling its growth effectively.
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Success Breed Support
What Pikamoon has achieved so far makes it an appealing investment opportunity and fit for support from users, top investors, and whales. The belief in PIKA is that it will be one of the most profitable investments in the GameFi market in 2023 as it's set for a 10,000% ROI. To enjoy the profits to come after all its presale delivered, accumulating PIKA becomes a no-brainer.
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Grows on Two Blockchain Networks
Pikamoon (PIKA) grows with technical backing from the two best NFT and Metaverse blockchains: MultiversX (formerly Elrond) and Ethereum. Thanks to the support of these two networks, Pikamoon and PIKA’s growth is seamless, setting it on course for explosive profits, and a massive influx of users.
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Pikamoon Presale is Where the Growth Begins
The ongoing Pikamoon presale has kicked off a bullish trend for the project and its token as it amasses about $4 million in sales and rewards investors with 300% in profits in only the third phase. These successes show there's more to come for PIKA holders.
Experts also foresee a 10,000% increase before the end of the year, making accumulating $PIKA a smart and urgent move.
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: 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.
