The cryptocurrency world never remains silent for a long time, and Pi Network proves it right now. Recently, Pi Network has become the speech of cryptographic space after being listed on Mexc, one of popular crypto exchanges. But while the list was a big news, the price of the medal was on wild roller coaster, leaving the uncertain investors of what comes next.
Currently, the price of PI Network is blocked around $ 0.64. Even with all the recent excitement, he failed to pass beyond the high level of resistance to $ 1. Many experts believe that until it crosses this barrier, it will be difficult for the medal to attract new investors’ confidence. But if he manages to stay above this brand and pass in front of $ 0.85, there is a chance that he can join $ 1 or even $ 1.15.
The Wil Pi network price reached $ 0.40?
According to the analyst, Dr. Altcoin, the price of the IP should continue to drop until the end of August. The analyst considers that the Pi Core team changes his approach and becomes more transparent, things can get worse before they improve.
Dr. Altcoin has warned against the Network Pi Prix situation for some time. In his latest comment, he mentioned that the token could fall as low as $ 0.40 in the coming weeks. He said one of the biggest problems holding the PI network is the team’s lack of opening behind the project. “No investor wants to put their money in something where the founders refuse to be transparent,” said Dr. Altcoin.
Despite these short -term difficulties, the Pi network seems to focus on the future. The project recently launched a Fund for PI network companies of $ 100 million aimed at supporting startups in AI, Games, Fintech and Electronic Commerce. The objective is to create real world applications that use the Pi cryptocurrency, which could possibly increase the value of the room if it is gaining ground.
