Insights

Pikamoon is a metaverse project centered around gaming and Play-to-Earn mechanics. The world of Pikamoon is called Pikaverse, and it consists of six regions: fire , rock, water, electric, air, and earth. The game is based on the well-known MOBA dynamics, which is a popular game genre populated by titles such as League of Legends and DOTA.  Players can compete against one another as well as NPCs. The player-controlled creatures are called Pikamoons. Each creature is its own NFT, with unique traits and abilities. By progressing through the game and completing in-game tasks, players can earn the PIKA token, which is the native digital asset of the Pikaverse. PIKA can be used to purchase in-game items and upgrade Pikamoons. In addition, PIKA can be exchanged for real money on supported exchanges, which currently include MEXC and Coinfex.  PIKA first started trading earlier this year. At the time of writing, the token is trading at roughly 2 cents. With a token supply of 50 billion tokens, the project's current market cap is "just" $17.8 million. In other words, PIKA has a very high potential for growth, as it is far easier for a project that has a low-ish market cap to gain 1,000% or even more than it is for a project that already has a market cap in the hundreds of millions or even billions of dollars.