Despite the significant fluctuations that Pi Coin has experienced in recent days, after its value dropped below one dollar, there are increasing signals of its recovery. The currency rose to $0.62 before continuing its downward trend towards $0.59, but the latest MACD crossover indicates the possibility of a near-term shift in direction. Despite the recent declines, there is still strong interest from investors in this cryptocurrency.
Among the factors supporting the future of Pi Coin is the increasing accumulation of liquidity in the market, as the currency recently saw a rise in market capitalization to reach $4 billion. This indicates ongoing interest from investors, which could enhance the possibility of the currency growing again in the near future. On the other hand, strategic partnerships such as collaboration with Pancsa and BNP Paribas have been key factors that helped increase global reliance on Pi, facilitating instant transactions in over 100 countries.
