Cryptocurrencies to Watch Out For In Q1 2023: Axie Infinity and Pikamoon

Without doubt, there are several crypto projects out there that have the potential to rise exponentially but Pikamoon is in a world of its own as this project is projected to be one of the best-performing projects in Q1 2023

Introduction

The first quarter of the year has been a relief for crypto investors especially when they consider the bearish trends that dominated last year. From January, we started seeing a subtle rise in the price of most cryptos and the tempo has been sustained considerably.

However, investors are hopeful it won’t take much longer before we start seeing gains that made several cryptos experience all-time highs. As luck would have it, there are some projects out there with the potential to offer a good return on their investment and we’ll take a look at some of them.

Axie Infinity

Without doubt, the success of Axie infinity encapsulates the journey of the entire play to earn industry. For a long time, several gamers have been playing games without some form of monetary returns but luckily all these have started changing.

With the launch of play to earn gaming, it is no longer business as usual as the major challenge of developers which is how to reward gamers was solved. Play to earn gaming was able to successfully integrate NFTs, DeFi, Crypto and gaming into one and it was no surprise that a lot of people fell in love with play to earn games.

While there was a winter in the crypto space, play to earn games were enjoying decent runs and that can be seen in Axie Infinity. From inception till date, Axie infinity has increased more than 10,000 percent which has given investors more than enough return for the initial investment. As it stands, Axie Infinity is currently trading at $8.83 with a market cap of $1,004,243,946.

With the gaming industry expected to rise this year, it is no surprise that Axie Infinity is among the cryptos that will enjoy considerable gains too. With this in mind, a lot of investors (especially institutional investors) are on the lookout for projects like this with immense potential.

Another crypto to look out for with great potential to rise is Pikamoon or $Pika.

Pikamoon

Although this project is relatively new and hasn’t been launched yet, Pikamoon is one token that we’re sure will dominate the headlines in 2023. From the very moment news filtered about this project, it has gotten investors more than excited. Unsurprisingly, gamers are not exempted either as it is one of the few play-to-earn games that have been projected to unseat the current leader Axie Infinity.

To begin with, Pikamoon is one token that has the backing of two of the largest communities in the crypto industry. The token is built on the Ethereum and MultiversX blockchain which makes it robust with a perfect use case.

Ethereum is known for transaction speeds and DApps while MultiverX is renowned for its metaverse prospects. With Pikamoon tapping into both blockchains and integrating them into the Pikamoon Adventure, the entire community backing these two projects has started seeing its potential. Right now, a lot of them are already signing up and joining the Pikamoon whitelist which gives them access to several freebies.

One of such freebie is the 18,012 first generation NFTs which will only be available on a first come first serve basis to those that sign up for the whitelist and own the token. That’s not all, by joining the presale, early bird investors have the opportunity to enjoy more than 50,000% returns. Without doubt, this surpasses what most of the current play to earn crypto’s offer.

Currently, Pikamoon isn’t on sale yet but there’s no denying this crypto will offer explosive returns for investors. With this in mind, it’s important not to watch from the sidelines but to be a partaker in one of the tokens that will revolutionize the play to earn industry.