CAN PI NETWORK PRICE HIT $1 AGAIN?

Crypto analyst Dr. Altcoin shared that it’s now been over a week since Pi dropped into the $0.40 range, and it’s unlikely to fall much lower. According to him, as the market approaches the end of August, the rate of new token unlocks is expected to slow down by at least 30%. If this happens, July and August might mark the lowest price levels Pi will ever see again before beginning a steady rise.

There’s also growing chatter that if PI can break above the descending price channel it’s been stuck in, it could eye for new targets like $0.98, $1.38, and even $1.67 in the coming months. A breakout above $0.60 could be the first signal for such a move, setting the stage for a run toward the long-awaited $1 mark.

Additionally, the Pi ecosystem is still developing behind the scenes, with new apps and projects slowly adding real use cases for the token. While the extra coins being added to the market are keeping the price down for now, experts say that it’s a smart long-term move to strengthen the ecosystem first.#PiNetwork #BinanceHODLerERA #BTCWhaleTracker #Write2Earn