Crypto Duniya
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Pi Network’s Pi IOU Coin Price Plunges 21% in 24 Hours.Here Is How It possible.
The decision of Bybit CEO Ben Zhou not to list Pi created doubts about the project’s reliability. He doubted the project’s reliability because he thought it had problems with its design and regulations. His statements made investors uneasy, which caused the token value to decrease rapidly.
Multiple exchange listings of Pi simultaneously have caused market participants to worry that early token holders might sell their assets, which could push prices downward. The recent market decline emerged from both market doubts and the possibility of large-scale selling activities.
The next days will be crucial for Pi’s market dynamics because the traders have to determine whether buyers are going to push through sellers or the price will keep decreasing. #pi #picoin #BNBChainMeme #BTC
The decision of Bybit CEO Ben Zhou not to list Pi created doubts about the project’s reliability. He doubted the project’s reliability because he thought it had problems with its design and regulations. His statements made investors uneasy, which caused the token value to decrease rapidly.
Multiple exchange listings of Pi simultaneously have caused market participants to worry that early token holders might sell their assets, which could push prices downward. The recent market decline emerged from both market doubts and the possibility of large-scale selling activities.
The next days will be crucial for Pi’s market dynamics because the traders have to determine whether buyers are going to push through sellers or the price will keep decreasing. #pi #picoin #BNBChainMeme #BTC
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