With the crypto market slowly recovering in 2023, most investors wonder if Ethereum Naming Service (ENS) will hit $100 this year after an eventful 2021. However, crypto experts believe holding ENS isn’t the best move, recommending an investment in Pikamoon’s $PIKA, a hot new GameFi token, instead.
In this article, we analyze the chances of ENS hitting $100 in 2023 alongside details on Pikamoon (PIKA), a GameFi gem set to deliver one of the top-performing tokens in 2023, and why experts recommend it instead.
Will Ethereum Naming Service (ENS) Hit $100 This Year?
Ethereum Name Service (ENS) is a distributed, open, and extensible naming protocol built on the Ethereum blockchain to make the Ethereum-based web more accessible and easier to understand for humans.
This platform works like the Internet’s Domain Name Service, which makes the Internet easier to access. ENS presents a one-of-a-kind value proposition, being the first service to allow the transfers of the Domain Name Service to the decentralised Web3 space.
At pen time, CMC reports the live Ethereum Name Service price at $10.13 with a market ranking of #106. Even though ENS presently trades at 88.11% less than its all-time high of $85.69, its current price is still 37.72% higher than its all-time low of $7.3981.
But, for the short-term price prediction, the crypto market has a bearish sentiment regarding ENS growth. While experts and holders remain bullish on the long-term, they tip ENS to hit $26.76 by the end of the year.
This long-term prediction is still far from $100, which explains why experts advise holders to look for an alternative in cryptos with more promising potential. Pikamoon (PIKA) is a popular option among savvy investors and whales, even among ENS loyalists.
⚡️Welcome to #Dreva⚡️
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
— Pikamoon (@PikaMoonCoin) March 14, 2023
What is Pikamoon (PIKA)?
Pikamoon is the answer to the growing concerns surrounding meme coins with little to no utility. It offers a hybrid solution in the form of $PIKA – a meme coin with actual real-world applications and multiple utilities.
How does Pikamoon achieve this? By utilizing cutting-edge technological innovations and upgrades within a rapidly expanding GameFi project. This innovative platform also features an immersive play-to-earn gaming framework, complete with stunning 3D visuals and graphics that set a new standard in the P2E industry.
This play-to-earn game exists in a next-level gaming world called the Pikaverse. Gamers in the Pikaverse create and grow their empires through quests, treasure hunting, and the in-game rewards they receive when successful. These rewards can either be NFTs or the $PIKA token. Also, the Pikaverse features a marketplace where players trade in-game assets to boost their gaming characters using $PIKA.
Why Do Experts Recommend Pikamoon (PIKA) as a Better Investment Than Ethereum Naming System (ENS)?
Pikamoon (PIKA) has been gaining significant attention from crypto investors and enthusiasts due to its unique features and potential for massive returns. On the other hand, the Ethereum Naming System (ENS) has been around for a while but has not shown significant growth in recent times.
- Deflationary Tokenomics
$PIKA’s deflationary tokenomics and multiple utilities in play-to-earn gaming offer a profitable opportunity. Its scarcity increases its value, providing massive returns to investors and gamers.
- Enabling Community Support
Active community involvement is crucial to the success of any crypto project, and Pikamoon excels in this regard. With an active community of gaming enthusiasts, savvy investors, and crypto whales, this GameFi project is poised to become a dominant player in the P2E industry.
- A Credible and Audited Team You Can Trust
The Pikamoon team ensures credibility and earns the community’s and investors’ trust by implementing administrative transparency measures like KYC verification and audits by Coinsult, a well-regarded blockchain audit firm. With a fully-doxxed team and this level of security, Pikamoon guarantees investment security.
Pikamoon Presale: Making Money Made Easy
If you missed the first phase of Pikamoon’s presale, don’t worry; the ongoing second phase still presents a great opportunity.
With 1 $PIKA currently selling for just $0.0004, there is potential for at least a 50% ROI before the presale ends. However, experts predict even greater returns, with the potential for $PIKA to deliver as much as 4500% by the end of the year. With investors and whales scrambling to lay their hands on this token, join the presale now and buy $PIKA to not miss out on this bag of explosive profits this year.
Find out more about Pikamoon (PIKA):
Buy Now: https://pikamoon.io/buy
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.