Shiba Inu Dumped 22% in 30 Days; Could That Be The Reason Holders Are Leaving For This New Memecoin?

The cryptocurrency world is no stranger to dramatic shifts and sudden changes in investor sentiment. Lately, even the top memecoins like Shiba Inu (SHIB) have taken a dip, experiencing drops that could make heads spin.

In the past month alone, SHIB has slid by a whopping 22%. And just when we thought the market might be on the upswing, news of SEC charges against Binance, one of the big crypto exchanges out there, put a damper on the recovery.

But fear not, because amidst this downturn, there’s a glimmer of hope. As SHIB investors are reevaluating their options, there’s one token that’s been whispered from ear to ear, and it goes by the name “Pikamoon.”

Pikamoon has caught the attention of those in the know. It’s like finding a hidden gem in a sea of uncertainty. So what’s the deal with this new project that has SHIB investors nodding in approval?

Well, buckle up, because we’re about to explore the features that make Pikamoon shine as an alternative and a long-term investment option.

SHIB’s Price Trend

Shiba Inu, inspired by the famous Dogecoin (DOGE), shook the crypto world with its community-driven approach. It captured the attention of crypto enthusiasts around the globe, creating a frenzy of excitement.

During the last bull run, SHIB experienced an incredible surge, minting countless crypto millionaires and becoming the talk of the town. It was like watching a rocket soar. But, as with any upside-down ride, there are moments of descent.

Unfortunately, SHIB has faced a dip in its price, trading volume, market cap, and number of holders.

One expert who analysed SHIB’s chart noted the occurrence of a bearish trend resembling a similar event back in February 2022, when SHIB experienced a significant price drop, ending the year at a mere $0.00000788.

Now, before we panic, it’s important to remember that the Death Cross is a lagging indicator. It reflects past performance rather than predicting the future. While it’s crucial to be cautious and consider its potential implications, it’s worth noting that the future may hold surprises.

In light of this downtrend, it’s no wonder that investors are seeking alternatives to secure potential profits.

Some of these investors are flocking to Pikamoon, hoping to capitalise on its promising prospects and secure massive profits before the year’s end.

 

Pikamoon: The Ride to the Moon

Indeed, the name Pikamoon holds a delightful playfulness and an exciting promise within it. As you pronounce it, you can’t help but notice the word “moon” shining through. But let’s break it down even further: “Pik-a-moon.” It’s as if we’re embarking on a journey to pick a moon, riding towards it with enthusiasm.

Pikamoon, the leading P2E crypto game, sets itself apart by leveraging two of the most renowned blockchain technologies in the crypto industry: MultiversX and the Ethereum blockchain. With this innovative approach, Pikamoon becomes a multi-blockchain crypto with superior features that outshine other P2Es in the industry.

Thanks to the Ethereum layer-2 scaling solution, Pikamoon takes the crown when it comes to speed. Say goodbye to frustrating glitches and annoying lags.

Transparency and accountability are the pillars of the Pikamoon project. Every single team member, including advisors, has undergone a thorough vetting process by Coinsult, a leading blockchain audit company in the crypto industry. Their commitment to transparency reinforces trust among community members and investors, giving them peace of mind.

Pikamoon has its sights set on exponential growth and long-term success. The core team is dedicated to the platform’s longevity and prosperity. Their token distribution strategy includes a vesting period of 36 months for all core team members and advisors, demonstrating their unwavering commitment to the project’s future.

Rest assured, the entire Pikamoon team is in it for the long haul. They’re working tirelessly to ensure the platform’s continued success and innovation. Crypto whales and investors have faith in the Pikamoon core team and their vision of building a flawless P2E platform.

 

Pikamoon Presale: Where Records Are Being Made

A whopping 30% of the entire supply of PIKA is up for grabs in the ongoing presale. That’s a whole lot of $PIKA to go around.

Currently in its third round of presale, PIKA is available at a price of $0.0006. Once this round concludes, $PIKA will list on the top exchanges. And from there, it’s UP only!

This is your golden opportunity to become a crypto millionaire. Experts are buzzing with excitement, as they believe Pikamoon has the potential to create more crypto-millionaires this year than any other memecoin.

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: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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