In the ever-growing ecosystem of cryptocurrencies, memecoins have found their place within the community in a rather unique way. Their appearance is due to the hype and anticipation of remarkable revenues, this is what keeps the coins pumping driven by the community. In this regard, PikaBoss ($PIKA) is no exception which is new in the field but has the possibility to grant massive returns which invested early. So, why would investors agres that $PIKA can indeed grow 10X? What is it about this memeoine that makes it different from others available in the market? In this article, we will tackle some of these questions.
To start, $PIKA wasnât pre sold nor there were any presale, free tokens or blacklists when it was created. Purely community led project as there were no favorable insider conditions. From the start, PIKA was designed with fairness in mind, and thatâs built into: no taxes whatsoever, 100% of the liquidity is already provisioned, and LP is burned. The developers then made clear their strong commitment to decentralization by burning the LP and renouncing the contract. This also means that $PIKA cannot be manipulated in any way, and it is one of the important features of memecoins that are not often witnessed in some of the projects.
On a related note, PikaBoss is riding on what the community fondly refers to as âPika Powerâ. This is in reference to the popular character Pikachu which introduces depth and a fun aspect into the token. As is the case with the Pika coin, it is the devoted community that is the source of its strength. This scenario is similar to the initial phases of the meteoric rise of Dogecoin and Shiba inu. PikaBoss is infused with the meme culture that saw numerous memecoins rise spectacularly. As the community increases and mobilizes in sharing information on different social media platforms, more potential investors are expected to join, thus, increasing demand.
Pika is not burdened with both direct and indirect taxes on trading turnover and this is yet another reason why it may 10X. Most of other memecoins put taxes on each transaction, which make it not easy to buy, sell, or trade that coin a lot. With $PIKA however, no such tax exists and this will encourage traders to make orders without any losses. This could increase the level of activity and volatility, which usually encourages quick price increases.
To summarize, $PIKA is a memecoin, which has all the attributes of a memecoin with substantial growth potential : a fair and distributed launch, a devoted community support, no taxes and a unique nostalgic entertainment concept around it. Certainly all crypto investments have a degree of risk but the chances of $PIKA reaching 10x appear quite credible because of the excitement that surrounds it. With the increasing number of the people who will know the coin and with the growth of its community, $PIKA probably is the next memecoin that will capture a lot of attention in the crypto world.
