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Why did the price of the PI Network drop today?
Why did the price of the PI Network drop today?
$pi
PI Coin enters consolidation phase: Is the next drop to $0.7111? In a recent step, PI Network launched a $100 million project fund to support PI startup use cases in the real world such as AI, Fintech, and e-commerce. Although this move indicates bullish prospects in the longer term, the price of Pi Coin fell after the announcement, which was a concern for investors. Accordingly, over the past 48 hours, the PI Core team sold approximately 30 million PI tokens, which can be done to create the cash flow needed to cover 50% of the $100 million funding required for PI Network projects. Amid this, investors and traders are curious about where the PI coin can head in the short term. PI Network (PI COIN) price analysis: At the time of publication, Pi Coin is changing hands at $0.8701, with a change of -0.51% in the past 24 hours. Despite the daily price drop, the altcoin is still up 18.33% over the past week and 38.51% over the past month. However, over the past 48 hours, the PI token has entered a consolidation phase, reflecting market hesitation following widespread token selling by the core team. Speaking of where PI might be headed next, the $1 target remains the key resistance. If the dive worsens, support may hold at $0.78, and a drop from here could lead to $0.7111. Also read PI Network (PI) price predictions for 2025, 2026-2030 for long-term targets! FAQs How much is 1 PI coin now? The price of PI has dropped today by 0.51% to $0.8701. Will the price of Pi Coin drop further? If the downtrend continues, the price of PI could drop to $0.78 and retract to $0.7111. Share this crypto insight with your network!
$pi
PI Coin enters consolidation phase: Is the next drop to $0.7111? In a recent step, PI Network launched a $100 million project fund to support PI startup use cases in the real world such as AI, Fintech, and e-commerce. Although this move indicates bullish prospects in the longer term, the price of Pi Coin fell after the announcement, which was a concern for investors. Accordingly, over the past 48 hours, the PI Core team sold approximately 30 million PI tokens, which can be done to create the cash flow needed to cover 50% of the $100 million funding required for PI Network projects. Amid this, investors and traders are curious about where the PI coin can head in the short term. PI Network (PI COIN) price analysis: At the time of publication, Pi Coin is changing hands at $0.8701, with a change of -0.51% in the past 24 hours. Despite the daily price drop, the altcoin is still up 18.33% over the past week and 38.51% over the past month. However, over the past 48 hours, the PI token has entered a consolidation phase, reflecting market hesitation following widespread token selling by the core team. Speaking of where PI might be headed next, the $1 target remains the key resistance. If the dive worsens, support may hold at $0.78, and a drop from here could lead to $0.7111. Also read PI Network (PI) price predictions for 2025, 2026-2030 for long-term targets! FAQs How much is 1 PI coin now? The price of PI has dropped today by 0.51% to $0.8701. Will the price of Pi Coin drop further? If the downtrend continues, the price of PI could drop to $0.78 and retract to $0.7111. Share this crypto insight with your network!
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$DOGE 💡 Points to watch: • Key Support Levels: • Dogecoin is currently holding a strong support level at
$DOGE
💡 Points to watch:
• Basic support levels:
• Dogecoin is currently holding a strong support level at $0.35.
• If there is an upward breakout of this level, the price may quickly rise towards $0.50 or higher.
• Increasing adoption:
• More and more companies continue to adopt Dogecoin as a payment method, strengthening its position in the cryptocurrency market.
💡 Points to watch:
• Basic support levels:
• Dogecoin is currently holding a strong support level at $0.35.
• If there is an upward breakout of this level, the price may quickly rise towards $0.50 or higher.
• Increasing adoption:
• More and more companies continue to adopt Dogecoin as a payment method, strengthening its position in the cryptocurrency market.
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🔹 Financial advice on currency trading 🔹
Don't risk money you can't afford to lose! Currency trading requires a clear strategy and strict money management. Always use a stop loss, and don't enter into emotional trades. Focus on continuous learning, technical and fundamental analysis, and remember that the markets are unforgiving to the hasty. 🏦📉
#تداول #ا Investment #نصائح_مالية
Don't risk money you can't afford to lose! Currency trading requires a clear strategy and strict money management. Always use a stop loss, and don't enter into emotional trades. Focus on continuous learning, technical and fundamental analysis, and remember that the markets are unforgiving to the hasty. 🏦📉
#تداول #ا Investment #نصائح_مالية
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