![Algorand (ALGO) vs Pikamoon (PIKA): Which of Them is Worth Holding for 1000% Gain?](http://media.assettype.com/analyticsinsight%2Fimport%2Fwp-content%2Fuploads%2F2023%2F09%2FPikamoon-Algorand.jpg?w=480&auto=format%2Ccompress&fit=max)
Let's face it, the worst nightmare for any investor is backing the wrong horse. Imagine placing all your bets on a coin, only for it to slump or fall short of your profit target. This is why investors are seeking analysts' opinions on which of Algorand and Pikamoon is worth holding for a potential 1000% gain.
In this article, we'll examine experts' opinions on the future price prediction for Algorand. We'll also discuss the important features of Pikamoon and why analysts believe it is the smartest investment choice for an easy 1000% ROI.
Algorand is in a massive downtrend that has seen the price of the coin drop as much as 97% from its all-time high. The price of ALGO has dropped over 6% in the past 7 days and over 14% in the last 30 days.
This continued drop in price has kicked the majority of ALGO investors out of profit, and those remaining are barely hanging on by a thread. Expert analysis of the ALGO chart shows that the price of the token is trading under a very strong resistance in the $0.14 price region.
Analysts believe there is a very high chance the price of ALGO will keep dropping and may go as low as $0.042 if it fails to recover quickly. This shows that the possibility of ALGO returning 10x profit this year is very slim. This justifies why many experts are advising ALGO investors who are still holding their portfolio to quickly switch to more promising tokens like Pikamoon.
Pikamoon is a leading GameFi project that is poised to transform the entire crypto industry with its native token, $PIKA. The $PIKA token, which is the sole means of exchange in the Pikaverse, is also a deflationary token whose value is set to increase with time. This is why many investors are keen on amassing and holding $PIKA tokens for the long term.
The Pikamoon team was able to achieve this feat by putting a system in place that permanently burns 0.5% of the total amount of $PIKA tokens used in the Pikamoon in-game marketplace. This burning mechanism works to continually reduce the number of $PIKA tokens in circulation.
So this creates a form of $PIKA token scarcity in the Pikamoon ecosystem, thereby increasing the value of the available tokens. This simply means more money for investors and gamers who hold the $PIKA token long-term.
To top it all off, big brands across many industries are catching a whiff of what Pikamoon is up to and want to be a part of the big project. Brands like Kevuru Games, Transak, MultiversX, and many more have already signed long-term partnership deals with Pikamoon to build what many will come to know as the greatest P2E of all time.
Aside from being featured many times in the top 10 crypto lists to buy, many smart investors are aware the price of Pikamoon will blow up once big brands start coming onboard and the coin launches on major exchanges. This is why they are buying up more $PIKA tokens in the third round of the Pikamoon presale.
The $PIKA token is at the top of every smart investor's watchlist. Crypto whales and top investors are crawling over themselves to cop as many $PIKA tokens as they can in the ongoing presale. Analysts believe the price of the $PIKA token will skyrocket once it launches on major exchanges.
$PIKA tokens are selling for as little as $0.0006 in the third round of the presale. This is the best time to get on the Pikamoon train before the coin launches. Don't miss out on this life-changing opportunity. Get on the Pikamoon presale today.
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