• The crypto market is experiencing a positive sentiment with the Fear and Greed Index currently at 64.
• Memecoins have been particularly profitable, with Wojak having done more than 1000% since launch.
• Experts are now predicting that Pikamoon, a rival memecoin, could potentially provide up to 10000% returns in 2023.
Wojak’s Bullish Run
Wojak is a memecoin that is not based on an animal mascot/meme but instead on a popular human-looking meme called Wojak. It aims to drive the adoption of decentralised platforms through trading memes, events within the community, and networking. Despite being relatively new to the market, it has already generated a market cap of $33,496,508 in less than a month and provided early investors with 10x returns so far. It has also been listed on some centralised exchanges like Gate.io and Bitget.
Pikamoon: Rival Memecoin with Huge Returns
Pikamoon is Wojak’s rival memecoin which is built on the Ethereum blockchain as well but offers more utility than its predecessor. Being the native token of a brand-new metaverse game gives it potential to skyrocket and outperform Wojak’s gains significantly in 2023.
Why is Pikamoon Better Than Wojak?
Pikamoon provides greater utility to users due to its use as the native token of an upcoming P2E game called PikaMoon which will be released later this year. Its use cases include staking rewards for players who participate in tournaments or other events within the game as well as exclusive access to certain features such as exclusive skins or levels. This added utility makes it much more attractive for investors looking for long-term investments rather than short-term gains like those offered by Wojak’s current bull run.
Although both coins offer great investment opportunities at different stages of their development cycle, experts believe that Pikamoon will outperform Wojak’s gains significantly this year due to its extra utility from being used as part of an upcoming gaming platform. Investors should consider investing in both coins if they are looking for solid returns in 2023 but should keep their eyes out for further developments around Pikamoon before diving into any serious investments with it due to its infancy stage right now!