Trading volumes have exploded by 64%
during this period and the price action seems
to be favoring a bullish Pi Coin price
prediction despite the token’s latest retreat.
Pi’s daily trading volumes have been under
$100 million in the past 9 days and hit a low
point at $26 million on August 20 as
investors have completely lost interest in this
token amid its persistent downtrend.
The native asset of the Pi Network has failed
to capture the wave of positive momentum
that has hit cryptos lately and has booked a
79% year-to-date loss as users have lost
confidence in the project.
Top crypto exchanges like Binance and
Coinbase have refused to list Pi in their
trading platforms as the project has been
flagged as a scam by authorities in multiple
countries while the smart contract that
powers Pi Coin is not fully open source.
Centralization complaints have also plagued
Pi’s reputation and favor a bearish Pi Coin
price prediction unless they are addressed at
some point.
Pi Coin Price Prediction:
PI Could Recover to $0.60 If This Pattern is Confirmed
After hitting an all-time low at around $0.32,
the token has not dropped to those levels
once again in 20 days.
Pi Coin has made a series of lower highs that
indicate significant price compression.
If the price stays above $0.335 support area
highlighted in the chart, that would favor a
bullish Pi Coin price prediction as it should
lead to a breakout of the descending
triangle. The first target for Pi Coin could be
set at $0.45 in that case and then to $0.60 if
positive momentum gains enough traction.
This means a 66% upside potential from
where Pi Coin is now as long as this breakout
is confirmed.
Pi Coin has disappointed investors ever
since the project launched its public mainnet.
Meanwhile, the best meme coins like Wall
Street Pepe (WEPE) are taking full advantage
of altcoin season and could 10X as a result
of its latest move.
Wall Street Pepe (WEPE) Could Explode After
Solana Migration
Wall Stree Pepe (WEPE) is migrating to the
Solana blockchain after its successful launch
on Ethereum and this move could mark the
beginning of a new bull market for this top
meme coin.
After its millionaire presale earlier this year,
the launch team has kept moving forward
with the project’s roadmap and is now
embarking on this ambitious migration to
attract higher trading volumes.
Solana is well known as the go-to blockchain
for meme coins and will be the best home for
WEPE.
As an added incentive to the community,
Wall Street Pepe will burn a significant
portion of the circulating supply as the
migration advances.
For every dollar worth of WEPE on Ethereum
that is migrated, the corresponding amount
will be burned in Solana.
Once the migration is completed, the price
will likely explode as a result of these
initiatives. You can buy $WEPE and join the
WEPE army via the official Wall Street Pepe
by either connecting your wallet (e.g. Best
Wallet) or using a bank card.