Altcoins

8 Reasons Why This Altcoin Will Outrank Pepe Fork ($PORK) Coin

Published

8 months ago

18 May, 2024

8 Reasons Why This Altcoin Will Outrank Pepe Fork ($PORK) Coin

The emergence of PepeFork ($PORK) stirred quite a bit of excitement this past week. The meme coin of a meme coin skyrocketed to a remarkable $200 million market capitalization within a mere 48 hours after its launch on Uniswap. Despite subsequent price fluctuations, PORK continues to draw significant attention from a section of meme coin fans.

However, crypto whales have already set their eyes on another project quietly, making waves all over the internet. Currently in its third and final pre-sale stage, this altcoin is the native currency for an upcoming AAA web3 game developed by Kevuru Games – the awesome team behind projects like Star Wars, Fortnite, Iron Order, Undead Blocks, etc.

What is this newest crypto sensation? What makes it unique and better than PORK for both short and long term holders? We answer these questions below and reveal 8 reasons why this new token is likely to outperform the Pepe Fork (PORK) coin in the near future. Without wasting any time, let’s get started!

$PORK is a new meme token from a fork of $PEPE, another meme token based on the popular Pepe the Frog character. Pepe is currently the fifth largest meme coin at an approximately $380 million market cap.

Despite being a new token, PORK generated quite a buzz by reaching $200 million in market capitalization within two days of its launch. It became the 9th largest meme token in the crypto world, leaving behind the Baby Doge Coin. Yet, as the initial excitement settled, the meme coin saw a dip, losing around 35% of its value and stabilizing at $0.0000005943 at the time of writing this article.

The decline has sparked speculation, with some questioning whether PORK, like many meme coins before it, has already peaked. The rumored involvement of its developer, Pauly0x, in a dubious liquidity mechanism akin to a Ponzi scheme that affected other coins like PNDC and Phunks has only added to the uncertainty.

This has led many savvy investors to set their eyes elsewhere, with one project seemingly offering much better rewards.

The Reveal: Altcoin set to outperform PORK is…

Alright, enough suspense…

The altcoin we believe has the potential to outperform and outrank PORK token is…

$PIKA, the native token of Pikamoon, a play-to-earn (P2E) game that allows gamers to earn tokenized rewards in the Pikaverse (a unique metaverse created for the game). With PIKA, users can access rare NFTs mouth-watering rewards, and purchase unique items from the Pikaverse marketplace.

But that’s not all. You can do so much more, which we will explain in more detail below.

8 Reasons PIKA Will Outperform PORK Coin

Below are some reasons we believe PIKA has the potential to outperform $PORK.

1. PIKA has a Low Market Cap and Higher Growth Potential

Pikamoon ($PIKA) is a promising cryptocurrency with a higher growth potential than Pepe Fork (PORK) coin for several reasons. Foremost, $PIKA has a total supply of 50 billion tokens, with only 30% allocated for the presale. It’s still in the early ICO stage.

On the other hand, $PORK has a massive total supply of 420 trillion tokens, with a fair launch of 100%, and achieved a $200+ million market cap shortly afterward. Such a larger market cap suggests a potentially smaller profit margin for exponential growth than smaller-cap coins.

This means that PIKA has a lot of upside potential for investors who join the presale and benefit from the discounted price. Experienced traders know that these two factors alone present the most opportunities for price appreciation in the short as well as long run.

Not to forget, PIKA has a deflationary mechanism that rewards long-term hodlers only. Any time an investor leaves the ecosystem, they have to burn 0.5% of the tokens per transaction, making the tokens even more scarce and valuable over time.

2. PIKA is Currently In the Final Presale Stage

PIKA is currently in the final stage of its presale, which means that investors can buy the token at a very low price of $0.0006 per token. This is much lower than the listing price of $0.0007, which gives investors an immediate profit of 16.67% once the token is launched on exchanges.

Moreover, the presale is close to reaching its hard cap of $6 million, with a huge milestone of $4.6 million already raised. This points to the fact that the demand for PIKA is high, and the supply is fairly limited.

Once the game is launched, the ecosystem will attract more players, increase the trade volume, and further boost the adoption of PIKA. The presale offers investors a chance to get in early before the token becomes more popular and valuable.

3. PIKA Offers a Unique AAA Gaming Integration

Pikamoon ($PIKA) is not just a standalone meme coin; it is linked to the vibrant world of Play-to-Earn gaming.

It is the native token of the AAA Web3 game Pikamoon, developed by Kevuru Games, the renowned creator of games like Fortnite and Star Wars. As the foundational currency of Pikamoon, PIKA has practical uses within the game’s ecosystem. This sets PIKA apart from PORK and gives it multiple layers of utility beyond typical meme cryptocurrencies.

It can be used as an in-game currency to purchase boosters, spells, potions, and NFTs in the Pikaverse.

This utility, combined with a high-quality gaming experience, enhances PIKA’s value and expands its appeal beyond speculation. With the potential for a large player base similar to Axie Infinity, once the game is fully launched, Pikamoon is positioned to become a key player in the gaming industry, further solidifying PIKA’s practical utility and entertainment value

4. PIKA has a Transparent and Experienced Development Team

Behind every successful cryptocurrency lies a dedicated and experienced development team. Pikamoon ($PIKA) is no exception. The team behind PIKA consists of industry experts, blockchain enthusiasts, and seasoned developers. They have a transparent roadmap, regular community updates, and a strong focus on building a sustainable and user-friendly ecosystem.

5. PIKA Can Be Staked

$PIKA offers various utilization options for its holders, one of which is staking. Staking is a process that allows users to deposit their tokens into a mining pool and earn rewards based on the amount and duration of their stake.

Staking also gives users voting rights, governance power, and access to exclusive NFTs in the Pikaverse, and games only available for stakers.

By staking their $PIKA tokens, users benefit themselves and the entire Pikaverse. Staking supports the longevity and value of the Pikaverse by maintaining a low circulating supply of $PIKA, which increases its scarcity and stability in the market.

Staking also rewards users with more $PIKA tokens, which they can use for further staking, trading, or spending. Overall, staking $PIKA creates a win-win situation for individual holders, the 13000+ strong #PikaArmy community, and the Pikaverse ecosystem as they all grow and prosper together.

6. PIKA is A Doorway to Free Value-laden NFTs

PIKA offers a unique opportunity to join a thriving community of gamers, collectors, and creators.

With PIKA, users get a chance to claim free Pikamoon NFTs that are essential for the Pikaverse experience. Each $300 PIKA investment is rewarded with a FREE Pikamoon NFT, which is a digital collectible that represents a mystical creature with different attributes and abilities. These NFTs are not only fun to play with but also valuable assets that can be traded, sold, or used to access exclusive content and features in the Pikaverse.

The demand for Pikamoon NFTs is already high, as they are limited in supply.. Some of the rarest Pikamoon NFTs, such as the 18 God Pikamoons, could fetch up to $10,000 or more in the secondary market. Even the most common Pikamoon NFTs can offer 1:1 returns when sold, meaning users can easily recoup their initial investment and keep their PIKA tokens.

7. PIKA Believes in User Empowerment…Not Just the Giggles

PIKA is a token representing the vision and passion of the Pikamoon gaming community. It has a clear purpose: to fuel the development and growth of the Pikamoon AAA Game. Unlike Meme Coins created for jokes or speculation, PIKA is a serious investment in the game’s future.

The money earned from the $PIKA Presale is “reinvestment-bound capital.” According to the developers, it will be used to improve the game’s features, graphics, gameplay, and user experience. This ongoing evolution will attract more players and benefit both developers and users.

Early supporters of PIKA will also have a stake in the game’s success. They can use their tokens to access rare NFTs, earn rewards, buy items from the marketplace, and build their own empires in the Pikaverse. They can also participate in the game’s governance, voting on important decisions and proposals.

PIKA goes beyond being a Meme Coin. It embodies the spirit and values of the Pikamoon gaming community, empowering them to shape their gaming experience and destiny.

8. Pika is A Controversy-Free Investment

The crypto market is full of opportunities but also risks and uncertainties. Many projects have emerged with promising features and visions, but not all have delivered on their promises. Despite a relatively short time span, the Pepe Fork token has been involved in several controversies. Pepe backers, in particular, have accused the developer of operating shady Ponzi schemes.

In contrast to Pepe Fork coin, PIKA (Pikamoon) stands out as a controversy-free option that offers more than just a catchy name and a cute logo. PIKA is a crypto project primarily backed by its long-term gamified utilities, such as the Pikamoon game, the Pikamoon NFT marketplace, and the Pikamoon DAO. These utilities aim to create a fun and engaging experience for PIKA holders and generate value and rewards for the PIKA ecosystem.

For the seasoned traders out there, this aspect is vital for investors seeking safer investment avenues in the crypto space. Unlike a meme token, which relies on hype and speculation, PIKA has a solid foundation and a clear roadmap that ensures its sustainability and growth. PIKA also has a strong sense of trust and stability, as it has a transparent team, a fair launch, and a loyal community. This has presented PORK investors – and crypto traders in general – with an exciting opportunity to diversify into a crypto project with a cleaner slate and a higher level of long-term value.

Enough Differences: Any Similarities?

Both PIKA and Pepe Fork token are ERC-20 tokens developed on the Ethereum network. They follow common rules and standards for interacting with other tokens and smart contracts on the Ethereum blockchain.
PIKA and PORK are meme coins inspired by popular internet culture and characters. PIKA is inspired by the Pikachu character from the Pokemon franchise, while PORK is derived from the Pepe the Frog meme.
Both PIKA and PORK can be purchased using an ETH wallet. It can be a software wallet such as MetaMask or a hardware wallet like Ledger, as long as it supports ERC-20 tokens. To buy PORK, one must connect their wallet to a decentralized exchange (DEX) that lists the tokens, such as Uniswap, and swap ETH or another token.

Conclusion

While both the PORK token and Pikamoon have unique features and value prepositions, Pikamoon has some clear advantages over PORK, making it a more attractive investment for short- and long-term hodlers.

The new token is more focused on creating a gaming ecosystem that leverages its token for various purposes, while PORK is more of a social and cultural phenomenon that relies on its meme appeal. PIKA has a clear competitive advantage over PORK in terms of market performance and real-world application.

However, PORK may still have some potential to grow and surprise the crypto world with its unpredictable and humorous nature.

Frequently Asked Questions – FAQs

1. What is Pikamoon (PIKA)?

Pikamoon (PIKA) is a native token that powers the Pikamoon ecosystem, which includes the Pikamoon game, NFT marketplace, and DAO. It offers various utilization options for its holders, including staking.

2.What is a PORK (Pepe Fork) Coin?

PORK (PepeFork) Coin is a meme token that has gained popularity in the crypto community. It is associated with the Pepe meme and has a solid social and cultural appeal.

3. What are the Advantages of Staking PIKA Tokens?

Staking PIKA tokens gives users voting rights, governance power, and access to exclusive NFTs and games. It also supports the longevity and value of the PIKA ecosystem by incentivizing holders to lock up their tokens and participate in the network.

4. What Sets Pikamoon Apart from Other Crypto Projects?

Pikamoon stands out from other crypto projects because it focuses on gamified utilities and long-term value creation. It offers a unique gaming experience, an NFT marketplace, and a DAO, providing users multiple ways to engage and benefit from the ecosystem. Additionally, Pikamoon has a transparent team, a fair launch, and a loyal community, which adds to its trustworthiness and stability.

5. Can PORK Coin Compete with PIKA in Terms of Market Performance?

While the PORK coin has gained popularity as a meme token, it may struggle to match PIKA’s market performance in the long run. PIKA’s focus on creating a gaming ecosystem and its clear roadmap for sustainability and growth give it a competitive advantage over PORK. Additionally, PIKA’s transparent team, fair launch, and loyal community add to its stability and trustworthiness, which can attract more investors and potentially lead to better market performance than PORK.

6. What Should Investors Consider When Choosing between PIKA and PORK?

Investors should consider factors such as the project’s roadmap, team transparency, community support, and market performance when choosing between PIKA and PORK. PIKA has a clear advantage regarding its roadmap for sustainability and growth, as well as its transparent team and loyal community. These factors contribute to its trustworthiness and stability, making it a more attractive investment option. However, investors should also consider PORK coin’s meme appeal and its potential to surprise the crypto world with its unpredictable nature.

Disclaimer: This article is intended for educational purposes ONLY and is not financial advice.

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Altcoins

On-chain data confirms whales are preparing for altcoin surge with increased buy orders

Published

6 months ago

1 August, 2024

Blocksight Staff

ChatGPT suggests top 5 altcoins under $0.01 for $1,000 investment

Ki Young Ju, CEO of analytics platform CryptoQuant, believes whales are preparing for an upcoming surge in altcoins.

In a recent revelation about X, Ju underlines that the volume of limit buy orders for altcoins, excluding Bitcoin and Ethereum, is increasing. This pattern suggests the formation of substantial buy walls, highlighting significant buying pressure from large-scale investors.

Ju’s chart identifies two main phases in limit order volume for altcoins: the limit sell phase and the limit buy phase. The limit sell phase saw a notable increase in cumulative sell orders in 2022, demonstrating strong selling pressure from whales and other market participants. This phase coincided with a period of falling altcoin prices due to unfavorable market conditions.

Screenshot 2024 08 01 at 110319

Then, the limit buying phase began, marked by a significant increase in cumulative buy orders. This indicates a period of strategic accumulation where whales establish substantial buy walls.

According to Ju, the increase in buying volume suggests confidence in the future conditions of the altcoin market. This buying pressure creates strong support levels, indicating that whales are preparing for a positive change in the market.

Buying pressure on specific altcoins

Ju also provided a heatmap of the 1-year normalized cumulative buy/sell volume difference for various altcoins, showing the buying and selling pressure over time. Solana (SOL) has seen alternating strong buying and selling phases, with recent activity showing increased buying interest. Cosmos (ATOM) and Polygon (MATIC) have also shown increased buying pressure despite mixed activity trends.

Screenshot 2024 08 01 at 110533

Cardano (ADA) and PancakeSwap (CAKE) have shown balanced buying and selling phases, with recent trends proving increased buying pressure. Coins like AMP and ANKR have also demonstrated increased buying activity. The heatmap reveals that most altcoins are seeing increased buying pressure as whales and large investors accumulate altcoins in anticipation of a rally.

Meanwhile, coins experiencing selling pressure, as indicated by the predominantly red areas on the heatmap, include DOGE, DASH, AXS, XRP, COMP, and AAVE, BNT.

Bitcoin whales are also buying

It is important to note that while whales are accumulating altcoins, Bitcoin whales are also active. Crypto Basic note an increase in buyer activity on Binance, which aligns with an increase in the buy/sell ratio of takers and whale movements. Analyst Ali Martinez highlighted the ratio fluctuations from below 0.8 to above 1.7 between July 27 and 31. Ratios above 1.0 indicate aggressive buying, often preceding price rallies.

From July 27 to July 28, the ratio remained mostly above 1.0, corresponding to the rise in Bitcoin price from around $66,500 to over $67,000. A spike to around 1.5 led to a sharp increase in price to around $68,500. However, on July 30 and 31, the ratio fell below 1.0 several times, corresponding to a drop in price to around $66,000, before a final spike to 1.7 indicated another slight increase in price.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Altcoins

How to buy a car with cryptocurrency

Published

6 months ago

1 August, 2024

Blocksight Staff

The automotive and cryptocurrency industries have been merging for the past few years. As digital currencies become more prevalent in everyday activities, it is increasingly likely that they will be integrated into everyday transactions, such as when buying a car. The article unpacks the dynamic relationship between cryptocurrency and car buying today, explaining how digital currencies can be used to buy a vehicle today. It includes elements such as some of the benefits and challenges of buying a car using cryptocurrency and what lies ahead in the future.

Understanding Cryptocurrency Payments in the Automotive Industry

Cryptocurrency is not just a digital asset; it represents a revolutionary approach to decentralized financial transactions. The automotive industry, known for its adaptability, has begun to accept cryptocurrencies as a legitimate form of payment in various markets. For example, luxury car dealerships and online platforms offering car auctions in new york increasingly allow buyers to purchase cars using cryptocurrencies.

There are several factors that determine how much cryptocurrency you need to buy a car. Among them, the most influential will be the current value of the cryptocurrency you want to use at that moment. Unlike traditional currencies, cryptocurrencies can be very volatile. Their value can change drastically in an instant, which affects the amount needed at the time of purchase.

Benefits of Buying Cars with Cryptocurrency

Buying cars with cryptocurrencies offers several advantages:

– Reduced transaction fees: Cryptocurrencies can reduce the fees involved in large financial transactions typical of car purchases.

– Enhanced Privacy: Buyers who value their privacy can benefit from anonymity through blockchain-based transactions.

– Speed and convenience: transactions are faster than those carried out by banks, especially when the operation has an international scope.

Challenges and considerations

Although the benefits are compelling, several challenges must be considered:

– Volatility: At one moment, the price of any cryptocurrency can collapse, or the next minute it can skyrocket, and the price needed to buy a car can double or triple from one day to the next.

– Limited acceptance: Not all dealers accept cryptocurrency, which in turn may limit its use for making purchases.

– Tax implications: This may create different tax implications on purchases via cryptocurrency, depending on your jurisdiction.

Practical steps to buy a car with cryptocurrency

If you want to use cryptocurrency to buy a car, follow these steps:

Ensure Acceptance: Check if the dealer or auction accepts the use of cryptocurrency.
Check the conversion rate: You need to know how much your cryptocurrency is currently trading at compared to the price of the car in fiat currency.
Secure your funds Make sure your digital wallet is secure and funded.
Know the terms: Be informed and be clear about return policies as well as any additional fees incurred.
Complete the transaction: Continue the payment via the digital wallet.

Future prospects

There is a good chance that many car dealerships will start accepting digital currencies, especially when blockchain technology pushes the boundaries and cryptocurrencies become stable. This trend is expected to be propelled forward due to the increasing demand for transparency, security, and efficiency in transactions.

Conclusion

The potential for cryptocurrencies to have a real impact on the car buying process is enormous. Of course, there are a few issues that emerge when considering the current market, including volatility and limited acceptance. However, the benefits of using digital currency to execute such transactions can easily outweigh the drawbacks for many buyers. As both sectors continue to grow, buying cars with cryptocurrencies shows a promising future and therefore creates a more connected and developed technological automotive market.

This means that buying a car, whether in cryptocurrency or in another form, is not just about following technological trends; it is rather about enjoying greater freedom and efficiency in financial transactions. Indeed, the closer the digital and automotive worlds become, the more buyers should expect simpler, much safer and also very innovative ways of purchasing.

Disclaimer: This press release article is provided by the client. The client is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. Crypto Basic is not responsible for the accuracy of the information or for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on the information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.

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Altcoins

Introducing Bit-Chess. The World’s First Fully Decentralized Chess Platform

Published

6 months ago

31 July, 2024

Blocksight Staff

Introducing Bit-Chess. The World's First Fully Decentralized Chess Platform

Bit-Chess announces the pre-sale of the world’s first fully decentralized chess platform, combining the classic strategy game with the innovative world of cryptocurrencies. This platform will change the way millions of people interact with chess online, providing a digital space where players can enjoy their favorite game, compete in global tournaments, and earn rewards through play-to-win mechanics.

Bit-Chess is an entry point for both experienced players and newcomers to the crypto space. It provides tools and guides to help even inexperienced users get started with cryptocurrencies by creating in-game wallets upon first login. It is the first chess game to use Web3 technology, and all participants can earn money while playing.

During the presale, 500 of the 2,000 special NFTs will be available, with the rest distributed through tournaments and auctions. Unless NFT holders agree otherwise, the team will manage 1,500 NFTs, preserving their rarity with a cap of 2,000 pieces. More information about the NFT marketplace will be released after the token’s official launch.

The platform aims to become the world’s leading online chess center, offering:

Play to win features.

Global tournaments with cash or NFT prizes.

Player versus player challenges

Special NFTs and more

Bit-Chess invites players from all over the world to join its unique ecosystem, where playing chess is more than just entertainment: it’s an opportunity to earn and learn in the world of crypto.

For more information and to participate in the presale, Visit the Bit-Chess website.

Disclaimer: This press release article is provided by the client. The client is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. The Crypto Basic is not responsible for the accuracy of the information or for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this press release article.

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Altcoins

Here’s the price of XRP if it handles 10% of SWIFT transactions

Published

6 months ago

31 July, 2024

Blocksight Staff

Here's the price of XRP if it handles 10% of SWIFT transactions

Popular community figure Amélie predicts a massive increase in the price of XRP if its underlying network, XRPL, is used to process 10% of all SWIFT transactions.

In a recent article on X, Amélie took on SWIFT (Society for Worldwide Interbank Financial Telecommunication), suggesting that XRP is a better alternative for cross-border settlements.

Ripple claims Swift is not fast enough

In a recent post on X, the community personality called attention to a Ripple ad claiming that “Swift isn’t fast enough.” The remark was a subtle criticism of Ripple’s transaction processing speeds for the global financial messaging giant.

Interestingly, Ripple has recommended financial institutions to adopt its solution to instantly transfer value across borders.

Amelie compared the processing speed of SWIFT and XRP transactions. According to community figures, cross-border transactions on SWIFT typically take between three and five business days. Conversely, Amelie claimed that XRP transactions can be completed in four seconds.

After the analysis, Amélie echoed Ripple’s sentiments, pointing out that SWIFT is not fast enough compared to XRP.

XRP to Surpass $1,000 if it handles 10% of SWIFT transactions

Therefore, enthusiasts have speculated that all SWIFT transactions will eventually be processed through the XRP Ledger (XRPL), the underlying blockchain of the XRP token.

Interestingly, she suggested that the price of XRP could surpass $1,000 per token if 10% of all SWIFT network transactions were processed through XRPL. However, Amelie did not provide details on how XRP could reach this milestone.

SWIFT VS XRP:

SWIFT: 3 to 5 business days

XRP: Cross-border payments in 4 seconds

SWIFT IS NOT FAST ENOUGH!

I think all Swift transactions will soon be processed via #XRPL 💵💱💴

10% of SWIFT network = $1,000+ per XRP! pic.twitter.com/Jt6mumQHfb

— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) July 20, 2024

Can XRP replace SWIFT?

Several cryptocurrency enthusiasts have compared XRP to SWIFT in recent years. In particular, the famous crypto asset manager Grayscale characterized XRP as an alternative to SWIFT. Notably, some users have taken this comparison further by projecting that XRP could eventually replace SWIFT because of its inefficiencies, including slow transaction processing.

The potential replacement of XRP with an established system like SWIFT would require more than just community support. Factors such as the final resolution of the SEC lawsuit, increased institutional adoption of XRP, and large-scale commercial partnerships leveraging Ripple’s payment solution could play a critical role in XRP’s potential replacement or integration with SWIFT.

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