The PI spent a boring day yesterday as the price was barely moving. It remained in the range of $ 0.64 – $ 0.68, and the level we set in the price prediction as local support levels and a major local resistance.
One of the most popular encoders on YouTube “African giant” He posted a virus video about PI yesterday, in which he made it clear how the team actually helped the Coin Price price.
The strategic purchase that saved PI currency
The price reached $ 0.67 before settling at about $ 0.65, as the market ceiling was $ 4.5 billion. It is worth noting that the 24 -hour trading volume increased by 116 %, reaching 157 million dollars. These numbers indicated an unusual activity that happens behind the scenes.
What actually happened was a major re -purchase by the PI team. In the world of encryption, the re -purchase process occurs when the project team purchases its coins from the stock exchanges to reduce the pressure pressure and support the price. In this case, the PI network bought approximately 46 million coins from the PI from OKX Exchange and transferred them to a separate port controlled by the PI Core team.
This procedure has effectively removed a large number of metal currencies, which causes prices to be stabilized at a critical moment for the project.
Why do you need the PI network to work
Re -purchase appears to be in response to the increase in the sale pressure. With many users who mining PI currencies and the second wave of deportation to the newly deported metal currencies were a flood exchange. This increased supply would naturally lead to low prices if left without deterrent.
The PI Network was to purchase these coins to reduce the pressure pressure and prevent the collapse of the potential price during this flow from the new offer.
The purchase has not been officially announced, leading to the initial rumors and speculation. However, investigators such as Dr. Altcoin followed transactions and discovered that the PI Core team created a portfolio called “Pi Foundation 2” about two months ago. This portfolio started with only one PI, but it quickly accumulated millions, most of which are from Excination OKX. At the time of the video, the wallet kept about 48 million coins worth $ 31 million.
Community response and future expectations
YouTube shared his personal journey with PI, noting that he bought metal currencies with various price points such as $ 0.40, $ 0.60, and $ 0.62, and 900 coins were extracted within two months. He admitted that he was frustrated when the prices were declining and was not satisfied with the Pi Core team’s lack of communication. Now that he won, his outlook has changed significantly.
Society has mixed reactions to these developments. Some are encouraged that the team finally take a measure, as PI is seen as a long -term project worth waiting. Others remain skeptical, and they feel unresolved from the previous lack of the team to communicate and tired of waiting.
PI approaches 200 average moving on the candle scheme for 4 hours! We will see large movements around him. Be prepared! #Pinetwork pic.twitter.com/mcmGnjryrt
– Jatin Gupta (@jatingupta0003) April 26, 2025
While the short -term goal for many PI investors is to reach $ 1 per currency, the goal of society is sitting at $ 10. However, YouTube admits that although re -purchases are temporarily effective, it is not a long -term sustainable strategy. For permanent success, PI needs more exchange lists, adopting the largest year, and natural buyers rather than relying on the team to support the price.
For anyone who thinks about investing in PI, the advice remains the use of money that you do not need urgently and treat it in the long run. Despite early frustrations, there may be real potential if the team continues to take positive measures to achieve stability and develop the ecosystem. The main meal is that the PI network seems to protect the value of its currency seriously.
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