The PI network price has shown remarkable resilience, oscillating around the brand of $ 0.477 during the first week of July. Haussiers traders intervene to defend this level, to protect its price from a decrease which could lead to a revisited of its hollow of all time.
As technical signals, the price of the token has consolidated, leaving many questions about its next move.
While its recent Piscan data reveals a worrying future over the next 30 days, because more than 300 million tokens are waiting to be unlocked. The past is obvious that this is not good news, at least for the PI network, because demand has not managed to keep the rhythm of the influx of new tokens.
Is artificial optimism on the PI network market?
Despite these lowering indicators, a possible wave of artificial optimism emerges, fueled by the Pi News account, which claims that PI could soon print the largest green candle in cryptographic history.
Followed by a recent post of the account that hinted that Pi Coin should surprise investors in the coming weeks. The source of this optimism remains clear, but the main team behind the PI network has actively promoted their efforts to develop applications via Pi App Studio.
It looks like a calculating strategy aimed at transforming the image of the medal of a stagnant asset into a promising coin for the future. But will it work? Another mystery.
However, this post looks like an artificial post, just an effort to pump Pi, which is clearer than ever with its chain metrics, which describes the overall flow of people’s thoughts are lower and pessimistic. Even the negative feeling for Pi has just nibbled, while the positive feeling about the graph can be seen clearly that it is down.
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Can this be an end for the price of the PI network?
The price of the PI network has reached a level on the graph which is marked as a moment of brand or rupture, because periods of low volatility have often preceded an important explosion if an asset is really credible.
Is the PI network credible for gains? Many could wonder at this stage. However, with unlocks of chips aligned for the next 30 days and low utility factors contributing to lower adoption, positive opinions are overshadowed by the bearish feeling. This clearly indicates that Pi could approach its last upheaval point.
If he loses a support nearly $ 0.477, he could slide at a hollow of $ 0.40, which increases the chances for the PI network to descend further into the abyss. Conversely, if the locks of tokens meet the right demand and stimulate the adoption focused on public services, it is only then that he has a chance of survival in the industry.
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Faq
If the bullish feeling argues, the PI value could reach as high as $ 2,1007 This year.
Estimates suggest that PI could reach $ 3 to 10 in 2025 if it is listed and widely adopted, but the price depends on many factors.
If the adoption increases, PI could be worth $ 20 to $ 50 by 2030, although long -term projections remain very speculative.
