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Pi Rat E
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#PiNetwork
tops bitget on 24hr trading volume surpassing
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Pi Rat E
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Potential bull run or further decline for #PiNetwork ? Pi took support from current level 3 days ago. Showed some uptrend and declined to $ 0.79 again. most of the crypto were bleeding in previous days. but pi showed some strength even though it correct around 70% from ATH. Watchout whether it will take support again from current level to form a bullish double bottom pattern or come to $ 0.60 level. One positive news is the integration of pi network into telegram's crypto wallet. Considering 1billion userbase of telegram, it might push #pi to mainstream
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Disappointment for pioneers. There wasn't any major announcement or exchange listing news from #PiCoreTeam about #PiNetwork . I wish they are really working hard in the background to bring some positive news in the coming days. #pi technically formed a symmetrical triangle pattern and almost converged. breakout? or breakdown ahead?
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#PiNetwork have reduced their base mining rate to 0.0029 pi/hour. Earlier it was 0.0047 pi/hour. So without any referral, security circle or lockup bonus you may get around 25 pi per year. As of now 60 Millions pioneers mines around 1.5 billion coin annually with base mining rate only. keep in mind that max supply will be 100 billion. they are really squeezing the supply, with lockup, unverified pi forfeit, now base mining rate also reduced which isn't a surprise, they already done it in the past, and it will be reduced in the future too. This supply squeeze might push the price further Better late than never. early adopters will enjoy the show others may only regret #pi #PiCoreTeam
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#PiNetwork short term build-up before upcoming #pi day on march 14.
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If you try to analyse #PiNetwork chart , you could under stand that current price of $1.65 is a really important level. It acted support and resistance several times. Short term future of #pi depend on the movement from this pivot point.
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