If you are feeling the FOMO after missing the massive rally of PepeFork ($PORK), the meme coin inspired by the popular Pepe the Frog character, you might want to check out PIKA, a new and promising alternative in the crypto space.
A Quick Summary: $PORK Vs $PIKA
The cryptocurrency market is currently abuzz with heightened interest in PepeFork ($PORK), a derivative memecoin project inspired by Pepe Coin ($PEPE). Surging by over 600%, it has achieved a remarkable market cap exceeding $290 million in just a matter of days to become the 9th largest meme coin.
But success in the crypto sphere often invites controversy. There is already speculation circulating about Pepe Fork potentially being a pump-and-dump Ponzi scheme. Consequently, profit-seeking investors are turning their attention to tokens that offer similar pumping potential but with better security measures.
One such token that has caught the attention of crypto investors is PIKA ($PIKA), which is currently in its ICO stage. Investors are bullish on PIKA because it is backed by the AAA Web3 game Pikamoon. Despite being at its all-time bottom (during the final stage of its Presale), PIKA is gaining remarkable traction and is being featured on several top crypto lists.
This comprehensive analysis zeros in on PORK coin, tracing its origins from the renowned Pepe Coin, and explores its close ties with Pikamoon trading pivots. If you feel like you may have missed the boat on $PORK, PIKA may just be your next best shot.
Deep Dive Analysis: PepeFork (PORK) the Next PEPE?
PORK is a pink Pepe-The-Frog-themed off-shoot of Pepe ($PEPE), an Ethereum-based meme token. PEPE gained popularity during the meme frenzy of the first half of 2023, where investors saw substantial returns. PORK token intends to capture the same glory with its unique value proposition.
Where to Buy PORK
PORK is available on four major exchanges: Uniswap, MEXC, Gate.io, and LBANK, among others. – According to CoinMarketCap, Gate.io is the most active trading platform for PORK, with a 24-hour volume of $808,248.39 for the PORK/USDT pair. This indicates that PORK has high liquidity and demand on Gate.io, which could boost its price and reputation.
PORK is also listed on LBANK, a crypto exchange that focuses on innovation and meme tokens. LBANK has recently launched PORK USDT-margined perpetual contracts, which allow users to trade PORK with up to 100x leverage. This could attract more traders who are interested in speculating on PORK’s price movements and increase its volatility and exposure.
PORK Current Market Position
PORK has experienced a rollercoaster ride in the past few days, surging over 600% and reaching an all-time high of $$0.0000009132 on February 12, 2024. Since then, the coin dropped 30% in the last 24 hours as traders dumped their holdings. The coin has attracted a lot of attention from traders and investors, who have been buying and selling PORK on various decentralised exchanges.
A market cap of around $293 million reflects its current value and demand in the market. The meme coin ranks among the top 2,300 projects on CoinMarketCap, a leading platform for tracking and analyzing cryptocurrencies.
PORK’s 24-hour trade volume of around 70 million shows the level of activity and liquidity of the coin in the market. A high trade volume means that PORK is widely traded and exchanged, which increases its price and popularity. PORK’s trade volume also accounts for a large percentage of its market cap, implying a high turnover rate and a dynamic market. PORK’s trade volume has been consistently high in the past few days, indicating a strong interest and enthusiasm for PORK coin among the crypto community.
PORK Supply & Holder Dynamics – Interesting Details
A quick look at Etherscan reveals some interesting details, such as:
- PORK coin has a total supply of 420 trillion tokens, which pays homage to the original meme coin, PEPE’s max supply.
- The top 10 PORK holders control more than 15% of the supply, which gives them significant influence over the market. This raises concern as they can use their holdings to create artificial demand and hype for the token and then dump them when the price is high.
- The origin and activity of the top 10 holders also raise concerns. The ten addresses were all created within the past two days and held a small amount of ETH, likely for transaction fees. This suggests that these addresses may not be genuine investors but rather part of the scheme. They may have received the tokens from the wallet responsible for deploying PORK tokens or bought them at a very low price.
- The wallet responsible for deploying PORK tokens also holds over 20% of the supply, a red flag for a pump-and-dump scheme. This wallet may be the mastermind behind the scheme or a major accomplice. It can use its large stake to manipulate the token’s price and supply and then sell its tokens at a profit.
Those wallets are sitting on millions from $PORK, by @Pauly0x
• insider 1: $8m
• insider 2: $15m
• insider 3: $16mBut are they insiders or smart traders? 🧵 ↓ pic.twitter.com/p2q1eGTToE
— Bubblemaps (@bubblemaps) February 2, 2024
PORK Controversy & Community Perspective
Members of the PEPE community expressed scepticism towards PORK, mainly due to its promotion by a pseudonymous individual Pauly0x. Accusations of Ponzi schemes and promoting hollow cryptocurrencies were levelled against its founder, Pauly0x, while he argued that the true scammers were the developers of PEPE.
Pauly0x claims that Pepe Fork coin is a legitimate project within the Pond ecosystem, a defi concept created by none other than themselves.
PepeFork (PORK) is a significant player in the Pond ecosystem, a DeFi concept created by none other than Pauly0x. It should be noted that some derivative projects associated with Pond – such as PNDC and Phunks – have previously crashed on decentralised exchanges.
The inclusion of PORK in this ecosystem suggests an effort to expand and diversify in the crypto market. Pauly0x asserts that PORK is a legitimate project within Pond.
Pepe Fork’s association with Pond and other cryptocurrencies showcases an ambitious endeavour to develop interconnected crypto projects, each with unique characteristics and market roles. While this approach may lead to innovative uses of blockchain technology and decentralised finance solutions, the nature of meme coins generally comes with its own risks and challenges.
All of this explains why major investors are already pivoting into the presale of PIKA, the native token of Pikamoon.
PIKA as an Alternative Safe Investment
PIKA is a deflationary token that rewards holders with passive income and burns a percentage of every transaction. PIKA aims to create a loyal and engaged community of investors who can benefit from the token’s scarcity and increasing value over time.
PIKA: A GameFi Token With Actual Utility
PIKA is not just another meme coin. PIKA is also the native currency of Pikamoon, an upcoming AAA Web3 game that combines blockchain technology, NFTs, and immersive gameplay. Pikamoon is a Pokemon-inspired adventure game where players can explore, collect, and trade rare digital assets in a vast, dynamic universe. PIKA tokens can purchase in-game items, upgrade skills, and access exclusive content.
PIKA Token Details
PIKA has a total supply of 50 billion tokens with 2.5% of each sale being taxed, 1% going to marketing, 1% to ecosystem development and 0.5% burned forever:
- 15 billion tokens for the presale (Which is currently in the 3rd and final stage)
- 5% for the liquidity pool
- 10% for the reward system
- 5% reserved for the team,
- 8% for the marketing
- 32% for developing the ecosystem.
The Ongoing Presale and Return on Investment Prospects
The PIKA presale has three stages, each selling 10% of the total supply of 50 billion tokens. Currently, it is in the final stage, where tokens are priced at $0.0006 each. Once the presale reaches its hard cap of $6 million, the tokens will be listed on exchanges for $0.0007, presenting an immediate upside of 16.67% for investors. With over $4.6 million already raised, the presale will sell out soon.
PIKA presents a promising opportunity for early investors to enter at a low price and achieve high returns on investment. Based on market conditions and projected demand for PIKA and Pikamoon, it is anticipated to reach a market cap of $100 million within the first month of launch, resulting in a 3x increase from the presale price. Moreover, as game development progresses and the user base expands, there is potential for even higher valuations.
The Perspective of Crypto Whales On PIKA Token
Cryptowhales are large investors who hold a significant amount of cryptocurrency and have the power to influence the market. Whales always seek new and profitable opportunities to diversify their portfolios and maximise returns. PIKA is one of the projects that has caught the attention of many whales, who see it as an attractive alternative investment.
Key Differences in Characteristics, Value Propositions, and Stability
| Features | PepeFork (PORK) | PIKA |
| Total Supply | 420 Trillion | 50 Billion |
| Burn Rate | N/A | 0.5% per token sale |
| Use case | Meme Coin | Web3 Game |
| Roadmap | No Clear Roadmap | Detailed Long-term Roadmap |
| Team | Anonymous | Doxxed and audited |
Reasons for whales’ interest in PIKA as an alternative investment
PIKA is an alternative investment that appeals to whales for several reasons, such as:
1. High Potential
PIKA has a high potential to grow in value and popularity, as it combines the viral appeal of a meme coin with the utility and innovation of a Web3 game. PIKA has a strong product-market fit, catering to the growing demand for immersive and interactive gaming experiences that leverage blockchain technology and NFTs.
2. Low entry barrier
PIKA has a low entry barrier for investors, as it is currently in the presale phase and offers a discounted price for early adopters. PIKA also has a low market cap, meaning it has a lot of room for growth and expansion. Not to forget, PIKA has a 0.5% token burn rate per transaction, which increases its scarcity over time. PIKA is also easy to buy and sell, as it is compatible with popular Ethereum wallets and platforms, such as MetaMask, and hardware wallets such as Ledger.
3. High return on investment
PIKA has a higher potential return on investment for investors, as it rewards them with passive income and capital appreciation. PIKA has a deflationary tokenomics system that increases its scarcity and value over time and a redistribution mechanism that pays dividends to its holders.
4. Clear Vision & Transparent Team
PIKA has a detailed roadmap that outlines the milestones and goals of the project, while Pepe fork coin has no clear vision or direction. PIKA has a doxxed and audited team that is transparent and accountable to the community, while PORK has an anonymous team. PIKA has a friendly and supportive community united by a common vision and passion.
➖Pikamoon Vs. The Sandbox ➖
Pre-Sale comparison 😎
– Investment raised
– Community
– Developers
– Partners & Team
– Market Capitalisation & Token
– The OpportunityThread 🧵 Don’t miss this ↙️ pic.twitter.com/3lIMUuFOt4
— Pikamoon (@PikaMoonCoin) November 3, 2023
Final Thoughts
PIKA is a new and promising alternative to fads like PepeFork (PORK) in the crypto space that offers a unique and compelling value proposition for investors.
It’s not just another meme coin but serves as the native currency of Pikamoon. This upcoming AAA Web3 game will revolutionise the gaming industry and create a new entertainment paradigm. PIKA has a superior tokenomics system that ensures its long-term sustainability and growth and a transparent and accountable team that delivers on its promises.
All this explains why Crypto whales are increasingly diversifying their portfolios by shifting their focus from more volatile meme coins like PORK to the stability and potential growth offered by PIKA. As PIKA gains momentum with imminent exchange listings, its gamified features, and a dedicated community, it emerges as a promising investment for those seeking a fundamentally sound project.
Don’t trust us? Trust the whales! PIKA is the next big game in crypto, and you don’t want to miss it.
PepeFork Vs PIKA: FAQs
What is PepeFork ($PORK)?
$PORK is a meme coin derived from Pepe Coin (PEPE), a viral Ethereum-based meme token that was popular in 2023. $PORK has a supply of 420.69 trillion tokens and made its debut on Uniswap and MEXC, reaching a market cap of over $200 million in just 48 hours
What is Pikamoon ($PIKA)?
$PIKA is the native token of Pikamoon, a play-to-earn (P2E) Pokémon-inspired Web3 game that features a metaverse and a DeFi ecosystem. $PIKA has a supply of 50 trillion tokens, with 30% allocated to its presale. $PIKA is expected to launch soon on all major crypto exchanges.
Can PepeFork PORK and PIKA replicate the success of Pepe Coin?
Both $PORK and $PIKA have the potential to replicate the success of Pepe Coin, but they have very different characteristics and value propositions.
Why do crypto whales prefer PIKA over PORK?
$PORK is a typical meme coin with no real utility or innovation and a high inflation rate due to its huge supply. Additionally, the $PORK coin relies on hype and speculation to drive its price, which makes it highly volatile and risky². $PIKA, on the other hand, is a game-based token that offers utility, innovation, and a lower inflation rate due to its smaller supply. Moreover, $PIKA is backed by a strong community and a promising game platform that can generate sustainable demand and value for the token.
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