Gummy and Pikamoon See Explosive Growth Amid Meme Coin Craze

Meme coin enthusiasm continues in 2024, with Gummy, a Solana-based meme token, experiencing a near 60% surge in 24 hours. Pikamoon (PIKA) has also gained attention as a dual utility token, combining meme appeal with GameFi functionality in its upcoming Pikamoon game, attracting community interest and the potential for substantial growth.

Gummy price predictions are showing great signs as the 420 weed gummy bear meme token has gained nearly 60% in the last 24 hours. Meanwhile, another meme coin with dual utility, Pikamoon, is also gaining traction as the best crypto to purchase for the short term.

2024 has been the year of meme coins so far, and there are no signs of slowing down. With the latest Solana-based meme coin entering the fray at a time when the BTC halving has taken place and the market looks geared up for takeoff, now is the time to be excited about the future.

Let’s take a look at both of these coins and their price predictions for the rest of the year in a bit more detail.

Key Takeaways: 

• Gummy, a new Solana-based meme coin, surged by nearly 60% in just 24 hours.
• Pikamoon (PIKA), a dual utility token, stormed onto the scene, landing listings on five top crypto exchanges in its first month.
• PIKA, combining meme appeal with GameFi functionality in the Pikamoon game, promises 1000x growth potential in the coming months.

What is the Gummy Crypto?

Beyond the funny name, Gummy is a 420 weed gummy bear based token that has entered the Solana ecosystem with a highly-spirited community backing.

In his YouTube video, CryptoBanter while promoting the newest Solana meme coin had this to say about Gummy

Gummy is designed to be a meme coin because we sometimes take each other too seriously and sometimes we just need to take a Gummy and chill and relax and laugh uncontrollably and have fun. The purpose of the meme coin is to teach the community how to create a meme coin. This is your coin…

Gummy Price Prediction & Overview: Can Gummy Hit $1?

Historical Price Trends

According to Coinmarketcap, Gummy is barely a day old. It launched on on Raydium, Jupiter, and Orca among other crypto exchanges, and saw an initial price decrease to $0.1152. Since then it has jumped back up to a current market price of $0.1927, which is nearly a 60% increase from its all-time low (ATL). 

In addition, Gummy is currently trading with a fully diluted market cap of $180.23M. This is extremely bullish for a new coin and analysing Gummy’s price movements, experts predict that Gummy’s bullish stance will continue.

Factors Influencing Gummy’s Price Movements:

1. Solana Ecosystem: Gummy is built on the Solana blockchain, which has gained significant attention and popularity in the crypto space. As more projects and tokens are developed on the Solana platform, it is expected to bring more attention and investment to Gummy as well.
2. Community Support: Gummy has already gained spirited community backing, which is crucial for the success of any meme coin. The strong community support can lead to increased demand and trading volume, ultimately driving the price higher.
3. Meme Coin Craze: Meme coins have been dominating the crypto market this year, with coins like WIF and BONK making headlines. The popularity of meme coins attracts attention from both retail and institutional investors, leading to increased buying pressure and potential price appreciation for Gummy.

Based on these factors, experts predict that Gummy has the potential to continue its upward trend. Here’s our prediction of how Gummy price predictions might play out in the future.

Gummy Price Prediction: Short-term, Mid-term and Long-Term Forecast

Gummy Price Prediction – April 2024

Building on its bullish trend, Gummy could potentially see modest growth as it gains traction among investors. Assuming it maintains a similar growth rate, it might reach around $0.20.

Gummy Price Prediction – May 2024

As the market adjusts post-BTC halving and more traders become aware of Gummy, it might experience another surge. Predicting a price around $0.23 based on continued positive sentiment and adoption.

Gummy Price Prediction – Rest of 2024

The latter half of the year could see more sustained growth if Gummy maintains its utility and possibly expands its presence on more exchanges or integrates new features. By the end of 2024, it could potentially reach $0.25 to $0.30.

Gummy Future Forecast – 2025

With more developments and as the crypto market cycles progress, Gummy could continue to rise, especially if it starts being recognised not just as a meme coin but as a token with practical applications. If that happens, our conservative estimate places it around $0.35 to $0.45.

Mid-term Gummy Price Forecast – 2026

Assuming that the broader crypto market continues its expansion and that Gummy leverages technological advancements, its price might continue to grow. Estimated price could be around $0.50 to $0.60

Mid-term Gummy Price Prediction – 2027

By this time, much will depend on whether Gummy has continuously evolved to stay relevant and competitive. If it does, it could see prices reaching $0.70 to $0.80.

Long-term Future Forecast for Gummy – 2028

Continued acceptance and perhaps mainstream usage of cryptocurrencies could push Gummy’s price further. Estimating a price range of $0.85 to $1.00, assuming positive market conditions and successful marketing and development strategies.

Long-term Future Forecast for Gummy – 2029

If Gummy remains a solid part of the cryptocurrency ecosystem, it could potentially breach the $1 mark, especially if it has built a reputation for stability and utility.

Long-term Future Forecast for Gummy – 2030

Looking far ahead into 2030, if Gummy maintains growth and adoption, and if the crypto market itself is in a bullish phase, it’s not unrealistic to see Gummy well above the $1 mark, possibly ranging between $1.10 and $1.50.

Introducing Pikamoon As an Alternative: A Meme Coin With GameFi Utilities

While Gummy is grabbing attention, an Ethereum-based altcoin is slowly building momentum, and that coin is Pikamoon. Although PIKA is barely a month old, the meme and Gamefi token is slowly making its way to all tier 1 crypto exchanges. It’s currently trading on Uniswap, MEXC, Bitget, Bitmart and BingX.

Below are some reasons why Pikamoon (PIKA) may be a better meme coin to watch out for this year.

What is Pikamoon (PIKA)

PIKA combines dual utility – both as a meme coin and a GameFi token. PIKA is the native token of the upcoming play to earn (P2E) web3 game – Pikamoon. As its native token, PIKA powers the transactions within the Pikaverse marketplace. With a beta version of the game already released and attracting 10k+ active players, PIKA is poised to surpass Axie Infinity’s performance from the last bull run of 2021.

Comparative Analysis: Gummy vs. Pikamoon

• Transparent Model: The founders of Pikamoon are fully doxxed and in the public eye. They regularly host podcasts on the official Pikamoon YouTube channel, appear as guests on crypto insider channels and engage with the community via X. Besides, the development studio behind the project Orbit Cosmos is also very much in the public eye. Such a level of transparency is unheard of, particularly in the meme coin space.
• Technological Innovation: Pikamoon stands out with its innovative approach to the GameFi sector. It’s a gateway to an expansive play-to-earn ecosystem known as the Pikaverse. The Pikaverse is a dynamic world where players can explore six distinct regions, each influenced by a unique elemental force. This integration of gaming and blockchain technology offers a dual utility that could potentially lead to a higher rate of adoption and engagement, making it an attractive option for investors looking for projects with a solid use case.
• Community Engagement: The strength of Pikamoon’s community engagement is evident in its active social media presence which raised $1.4 million in the final presale stage within 6 days. The project also encourages its community to participate in the development process of the Pikamoon game. As the beta is already available, the 10k+ strong gaming community is actively reporting bugs, taking part in Elo enhancements, and giving feedback. This level of engagement not only fosters a strong sense of community but also contributes to the organic growth and sustainability of the game as well.
• Market Positioning: PIKA is positioning itself as a formidable player in the altcoin market by leveraging its unique features and community-driven approach. With a focus on strategic monster taming, exploration, and tokenised rewards, Pikamoon aims to offer a more immersive experience than traditional meme coins⁴. Its market positioning is further strengthened by its lower initial market capitalisation, which suggests significant room for growth, especially when compared to its competitors.

PIKA has a comprehensive roadmap that outlines a clear trajectory for the project’s development and expansion. Here’s an in-depth look at the key components of Pikamoon’s future strategy:

Open World Metaverse Development

Pikamoon is crafting an open-world metaverse called Dreva, which promises to offer a rich, immersive experience with high-quality graphics and interactive gameplay. This metaverse is designed to be a space where diverse communities can gather, compete, and earn, setting new standards for engagement and immersion. You can watch the open-world teaser trailer below which was released last week:

Full Game Release in 2025

The full release of Pikamoon is slated for 2025, and it’s expected to be a significant milestone for the project. The game aims to set a new benchmark for play-to-earn games with AAA quality, offering deep lore, masterful gameplay, and real-world rewards.

Upcoming Exchange Listings

A major boost to PIKA’s visibility and accessibility will come from its upcoming listings on tier 1 exchanges like Binance and Coinbase. While the team hasn’t made any announcements about these exchanges yet, getting listed on these exchanges is just a matter of time. These listings will provide liquidity and open up PIKA to a broader investor audience, potentially leading to increased adoption and value appreciation.

Why Pikamoon Could Be the Next Big Altcoin

Play-to-Earn Model

Pikamoon is tapping into the growing GameFi sector, which is expected to skyrocket at a compound annual growth rate (CAGR) of nearly 27% until 2030. This growth trajectory is indicative of a paradigm shift in the gaming industry, where players are increasingly looking for ways to monetize their gaming experiences.

Moreover, PIKA’s integration with non-fungible tokens (NFTs) and play-to-earn mechanics positions it well within this trend. By allowing players to earn tangible rewards through gameplay, Pikamoon could drive significant adoption, especially among the younger, tech-savvy demographic that is already familiar with cryptocurrency and NFTs.

Mainstream Potential:

The mainstream potential of PIKA is underscored by the success stories of projects like Axie Infinity, Iluvium, and The Sandbox. These projects saw their market capitalisation soar from under $30 million to over $1 billion each within 10 months during the bull market of 2021. Pikamoon, with its already available beta version, is ahead of where Iluvium was at a similar stage. This early development stage, low market cap and the growing popularity of GameFi, positions Pikamoon to become the best crypto for the bull run of 2024 and potentially surpass the success of its predecessor Gamefi tokens.

Conclusion

As we conclude our discussion of the altcoin market’s potential stars, it’s obvious that both Pikamoon (PIKA) and Gummy offer unique opportunities for massive returns in the future as they are very nascent projects in the crypto space.

Gummy, known for its playful branding and community-driven approach, is available on Raydium, Orca, and Jupiter. Its presence on these platforms indicates a solid foothold in the Solana ecosystem, which could be advantageous as the network grows.

On the other hand, PIKA, with its innovative play-to-earn model and promising roadmap, is currently trading on platforms such as MEXC, BITGET, Uniswap, Bitmart, and BingX. This accessibility across multiple exchanges enhances its potential for liquidity and growth as the bulls start taking charge after Bitcoin halving.

Frequently Asked Questions – FAQs

Is Gummy token worth buying?

Yes, the future price prediction for Gummy shows promising signs. Therefore, you should get in early if possible.

How high $Gummy Price can go? 

The sky’s the limit. Our Gummy price prediction for the future shows the newest meme crypto could hit $1 by 2029 or even earlier.

What’s the best Gummy alternative?

PIKA with its unique dual usability as a cute Pokemon-inspired meme coin and the native token of the Pikamoon web3 game is the best Gummy alternative right now. The future price forecast for Pikamoon shows the GameFi token crossing the $1 milestone much earlier than Gummy.

Will GUMMY be a wise investment in 2024?

Yes. So far Gummy looks like a promising investment.

What is today’s GUMMY (GUMMY) price in USD?

For the latest price of Gummy crypto in USD, you can use the coinmarketcap.com’s Gummy page.

What is the total and Circulating supply of GUMMY (GUMMY)?

Gummy has a total supply of 1 billion tokens and all of them are currently in circulation.

Is Gummy a Solana meme coin?

Yes, Gummy is a Solana-based meme coin.