Frustrated Dogecoin (DOGE) And Shiba Inu (SHIB) Holders Have Now Shifted Their Portfolios To Pikamoon – Crypto News Flash

Frustrated Dogecoin (DOGE) And Shiba Inu (SHIB) Holders Have Now Shifted Their Portfolios To Pikamoon

John KiguruBy No Comments
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The past few weeks haven’t been great for Dogecoin and Shiba Inu holders who were expecting at least medium gains from these projects. From the look of things, these investors are at their wits’ end and many are already jumping ship and moving to a more viable project like Pikamoon.

Introduction 

The names – Dogecoin and Shiba Inu – need no introduction among crypto circles due to several reasons. Dogecoin enjoyed a spike somewhat thanks to tweets by the richest man in the world Elon Musk. 

Shiba Inu, on the other hand, was launched as a people’s alternative to Dogecoin. So much so that the project became known as the Dogecoin killer. However, it doesn’t seem like things are going as expected anymore as the days of 1000% gains seem to be over – to the dismay of both new and old investors in the project. 

Let’s take a quick look at the origins of Dogecoin and Shiba Inu and why Pikamoon (a new GameFi token) is the new bride in town.

Dogecoin

Dogecoin is a crypto launched in 2013 by software engineers Jackson Palmer and Billy Markus. Although the project started as a joke based on the popular “Doge” meme of a Shiba Inu dog. 

Despite its origins as a parody, Dogecoin rapidly gained a cult-like following and became a hit among crypto enthusiasts.

Several factors contributed to Dogecoin’s popularity. One of the main reasons is its strong and supportive community. Another factor that contributed to Dogecoin’s success is how accessible it is to get the coins. 

Where other cryptocurrencies require complex specialised equipment or mining algorithms. In contrast, users of dogecoin can mine with a regular PC. This way, the coin became more accessible to a wider range of audiences who wanted to invest in crypto but have little to no technical expertise and resources.

In addition to its awesome community and accessibility, Dogecoin also went viral thanks to various high-profile endorsements from celebrities like Mark Cuban and Elon Musk. These endorsements helped Dogecoin gain mainstream acceptance with more people enquiring about the project.

At some point, the crypto rose more than 10,000% which was also another reason lots of investors trooped in to hold the coin. However, things have considerably slowed down at this point as the token has dropped more than 80% in the past few months. 

This has made investors consider other viable options like the next coin we are about to present to you.

Shiba Inu

In the crypto market, the Shiba Inu coin (or SHIB for short) is one of the new kids on the block. SHIB was launched in August 2020 by Ryoshi – an anonymous person or group. It’s named after Shiba Inu, the popular Japanese breed of dog which also doubles as the crypto’s mascot.

Just like Doge, Shiba Inu is a meme-based crypto with a number of unique features that make it stand out.

One distinguishing feature of Shiba Inu is ShibaSwap, its DEX (decentralized exchange). The DEX allows investors to trade other cryptos without needing a central authority. They also have the Shiba Inu Rescue Fund which aims to donate a part of the crypto’s profits to animal rescue groups.

In recent months, Shib gained massive popularity, partly due to its links with Doge and a massive social media campaign. Furthermore, the increased interest in meme-based crypto projects had investors trooping in. 

Unfortunately, just like its counterpart Doge, investors haven’t been smiling due to several reasons. However, it seems Pikamoon has come to the rescue with its latest offerings. 

Pikamoon

Pikamoon, on the other hand, has been the darling of the crypto community for several reasons. First, just like there has been increased interest in meme tokens, GameFi tokens have also taken center stage with Pikamoon at the centre of it all. 

The entire social media and discord communities have been set agog with the release of the first official in-game shot. A lot of people simply can’t wait to hold this token but it’s way different from what Doge and SHIB offer.

Pikamoon not only offers investors the chance of enjoying massive 10,000% returns since it’s a new token, but it’s also the in-game token of the most anticipated metaverse game of 2023. Being an in-game token means millions of users will use the token to purchase various items in the game’s marketplace which increases its value. 

This considerably sets it apart from the above cryptos and it’s the primary reason investors know this is the best value for their investment this year. It’s no wonder most of them are moving their portfolio and acquiring more Pikamoon while the presale is still on. 

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/pikamooncoins

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This article is for informational purposes only and does not constitute investment advice. Read full disclaimer

John Kiguru

John Kiguru

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John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space.
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