CryptoBoosterGlobal
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Pi Network's (PI) currency has just faced a big loss in price. On March 9, 2025, PI was valued at about $1.60, a reduction of roughly 0.116% compared to the previous day's closing price. Today's range traded a high of $1.81 and a low of $1.54.
This decline is mostly due to a huge token unlock event, flooding the market with about 268.48 million PI coins over the next 30 days worth around $478.79 million. This new supply has resulted in fears of additional selling pressure that has made the price decline.
bravenewcoin.com
In spite of these issues, the Pi Network community is hopeful. There is growing anticipation for Pi Day on March 14, with hopes of significant announcements, such as possible exchange listings that would increase liquidity and market visibility. Rumors of a potential listing on Binance have also increased investor interest.
coingape.com
Technical analysis also indicates that PI has resistance levels at around the $1.95 level. A strong breakdown of this threshold would open doors to a potential rally to the level of $2.40. However, not breaking over this resistance point would lead to continued price readjustments.
Investors are cautioned to be careful owing to the natural volatility and risks involved in cryptocurrency markets. Keeping abreast of future developments and market trends is essential for making informed investment choices.
Pi Network (PI)
$1.60
-$0.21
(-11.60%)
will binance be able to save Pi coin or is it the end of pi. what holders are up to now ???
#pi
#CryptoMarketWatch
This decline is mostly due to a huge token unlock event, flooding the market with about 268.48 million PI coins over the next 30 days worth around $478.79 million. This new supply has resulted in fears of additional selling pressure that has made the price decline.
bravenewcoin.com
In spite of these issues, the Pi Network community is hopeful. There is growing anticipation for Pi Day on March 14, with hopes of significant announcements, such as possible exchange listings that would increase liquidity and market visibility. Rumors of a potential listing on Binance have also increased investor interest.
coingape.com
Technical analysis also indicates that PI has resistance levels at around the $1.95 level. A strong breakdown of this threshold would open doors to a potential rally to the level of $2.40. However, not breaking over this resistance point would lead to continued price readjustments.
Investors are cautioned to be careful owing to the natural volatility and risks involved in cryptocurrency markets. Keeping abreast of future developments and market trends is essential for making informed investment choices.
Pi Network (PI)
$1.60
-$0.21
(-11.60%)
will binance be able to save Pi coin or is it the end of pi. what holders are up to now ???
#pi
#CryptoMarketWatch
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