Hey Pi Community! We’ve seen a temporary dip in the Pi price recently, dropping to around $1.30, but don’t worry—strong support is holding firm at $1.20! This drop isn't a sign to panic; it's actually an opportunity for those who believe in Pi's future potential. 🌟 What Caused the Dip? The dip can be attributed to the migration of Pi to Pioneers, with about 188 million Pi being transferred. Many new miners, who received their Pi without lock-up periods, are selling their holdings. This increased sell pressure has temporarily affected the price, but it's a short-term situation. What’s Coming Next? Once this wave of selling slows down, Pi is set to regain its bullish momentum. For those who believe in Pi’s future, now might be the perfect time to buy while prices are lower. The mining rate has dropped by 36% (now at 0.0029 per hour), making it a prime opportunity to accumulate more Pi before the next major rise. Bright Future Ahead ✨ After the migration phase ends, the selling pressure will likely ease, and we’re optimistic that Pi could reach $3.40 to $4 in the near future! 📈 Our Forecast: We firmly believe Pi's value will continue to climb, with a target range of $4 to $6 by May 2025. This isn’t just a guess—it's based on strong analysis of Pi Network's growth and adoption. Important Reminder: 🚨 There is no sell-off coming from the PiCoreTeam. Any rumors suggesting otherwise are false. Trust the process, stay calm, and remember, we’re here to support you through this journey. Final Thoughts: The best is yet to come. Keep holding strong and believe in the future of Pi. The market’s been a bit rocky, but we’re in it for the long haul—and we’re confident the rewards will be worth it. 💪 Stay strong, stay patient, and let’s keep believing in Pi! 😇 Warm regards,
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