Pi Network is currently down over 28% and trading at 0.84 USD. Previously, the price peaked at 1.56 USD before reversing. Despite the current downtrend, technical indicators still paint a bullish picture for Pi Network. This token has recently surpassed the 50-day moving average and broke through the Bollinger Bands, signaling increased volatility and strong momentum.
Although down from a peak of over 3 USD, the Token is gradually recovering. On platforms like CoinGecko, Pi's 7-day price performance has increased by 151%. However, Pi Network will unlock 275 million Tokens in the next 30 days, with 12.8 million Tokens unlocked on May 15.
Today is an important day for the Pi Network community as the project's CEO speaks at the Consensus Forum in Canada. Pioneers are looking forward to this event, hoping for major news regarding the listing on the main exchange. Although there is no listing on exchanges like Binance, the event still brings important updates that shape the future of Pi Network.
The CEO emphasized that Pi Ventures is not only about financial investment but also provides startups with access to Pi's large user network. With over 19 million users already KYC'd and operating in 200 countries, startups collaborating with Pi Ventures have the potential to reach a globally verified audience. This user base advantage, combined with financial support, provides a competitive edge, fostering a feedback loop of acceptance and innovation within the Pi ecosystem.
Looking ahead, Pi enthusiasts hope that these strategic moves will open the door to listings on major exchanges. Although that important milestone has not been reached today, the platform seems focused on building the necessary infrastructure and utility for Pi to gain serious attention in the broader cryptocurrency market.
Source: https://tintucbitcoin.com/pi-co-tru-vung-truoc-9-trieu-luot-mo-khoa-moi-ngay/
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