🚨🔥📢Price Predictions for the Pi Network: #pi 🔥📢🚨
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♦️The consolidation period continues with the failure of the DeFi# launch to spark investor interest.
✅The Pi Network is consolidating above the support level of $0.2565 for the eleventh consecutive day.
✅Central exchanges are recording outflows close to 13 million PI in the last 24 hours.
✅The launch of DEX and other DeFi features on the Pi testnet is proceeding quietly.
✅The price of the Pi Network (PI) is stable in the consolidation phase for the eleventh consecutive day, above the support level of $0.2565. Despite the recent net outflows of nearly 13 million PI tokens from central exchanges (CEXs) in the last 24 hours and the announcement of decentralized finance (DeFi) features on the Pi testnet following the Token2049 event, the Pi Network is struggling to gain momentum.
♦️The DeFi expansion of the Pi Network is going under the radar.
✅Pi Network co-founder Nicholas Kokalits reactivated his account on X on Friday, where he announced the launch of the decentralized exchange (DEX), AMM liquidity pools, and token creation tools, which will appear on the Pi testnet. This represents the next step in the development of smart contracts on the Pi Network, in line with the ongoing update of its underlying blockchain, Stellar, to its latest version, Protocol 23.
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