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🚨 Warning from Bybit CEO: Pi Network May Be Riskier Than Meme Coins! 🚨
Bybit CEO Ben Zhou has sounded the alarm on Pi Network, suggesting it might pose a greater danger than even the riskiest meme coins. Unlike meme coins, which are often just for fun or speculative trading, Pi Network markets itself as a game-changing digital currency—yet it lacks the transparency needed to back up its bold claims.
⚠️ Red Flags: 🔍 Shady Leadership: The Pi Core Team and its founders have a surprisingly limited online presence, making it difficult to assess their credibility. 📈 Unclear Roadmap: The project's development goals remain vague, leaving potential investors in the dark about its future. 📵 Transparency Issues: A legitimate crypto project thrives on openness and community engagement, but Pi Network falls short on both fronts.
💡 Zhou’s Advice: ✅ Do Your Homework: Thoroughly research any project before investing. ✅ Stick to Proven Players: Focus on established cryptocurrencies with clear, reliable track records. ✅ Avoid Empty Promises: Don’t be swayed by projects that offer easy rewards without substantial proof to back them up.
🤔 Market Drop as Expected! 📉 Panic selling has begun, but is it the right move?
Looking at 2021, after a peak, crypto saw a 50% correction before hitting new highs. Could history repeat? ❓
🧐 While the pattern may not be identical, a rebound is likely. The upward channel remains intact, and assets are in oversold territory—yet few dare to buy.
For core assets & OG crypto projects, this could be a chance! As Coinbase’s founder said, "Every time you think you understand the market, it surprises you." 🔥
🚨BREAKING: President Donald Trump says the US will make hundreds of billions of dollars from tariffs and become so rich you won't know where to spend all that money.💱
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The U.S. crypto strategic reserve's executive order signed by Donald Trump causes a rapid retreat in the crypto market. Solana turned quickly from this, and a 24-hour low at $135 emerged.
But indicating a reduced price rejection, the optimistic return has caused the SOL price to revert to $143. The SOL price movement suggests a possible turn-around with the optimistic comeback to test an overhead resistance trend line.
Will this turn around produce a breakthrough rally aiming for the $200 psychological level? Let me find out.
With the lower-high forms, SOL price shows a long-coming resistance trendline in the medium term in the 4-hour price chart. Still, the temporary rebound from the $125 psychological point has produced a support trendline.
SOL price movement is indicating a symmetric triangular pattern with the two converging trendlines. At the SOL pivot level, Solana trades closer to the lower support trendline right now, close to $140.
The SOL price is predicting a possible rebound back to test the trendline for overhead resistance given many lower price rejections. But the merging close to the support level has produced a negative crossing in the MACD and signal lines.
Although the price volatility close to the S1 pivot level has greatly changed, the wider market stability invites a hopeful rebound in SOL price above the $150 psychological line.
I recently faced an unsettling surprise—my PI wallet appeared empty, even though 812 PI was migrated!
Frustration kicked in, and I initially suspected the PI Core Team after the 6.8 billion token introduction.
However, after intensive verification, I uncovered the truth.
Here’s what happened:
✅ PI did migrate my 812 PI—but to my original wallet.
❌ I had lost my 24-word passphrase for that wallet and mistakenly thought my new wallet would replace the old one.
⚠️ The Mainnet Checklist had my old wallet linked, so the migration went there!
💡 Important Takeaway for Everyone Facing the Same Issue:
1️⃣ Verify your wallet address in the Mainnet Checklist—ensure it's the right one!
2️⃣ If your PI is missing, check if it was sent to a different wallet.
3️⃣ Recover your passphrase if possible. If not, move forward and focus on future opportunities.
Final Thoughts PI Network is proving itself as a legitimate project, not a scam. Those who hold strong and plan wisely will be rewarded in the long run.
Stay informed, secure your wallet, and embrace the future!
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Pi’s price dropped after the mainnet launch, and many lost hope. But suddenly, it started climbing with no way back! Those who sold are watching in regret.