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Crypto Trends

Pi Network Coin Price Process and how to open 1.5 billion coins on the PI

    summary:

  • The momentum on the price of the PI mesh currency faces high pressure thanks to the flow of metal currencies from the huge distinctive symbol code. How long can you hold?

The Pi Network Coin Price lasts less than one dollar, as its momentum has become more landing amid the unique unique symbol. The encryption currency was traded at $ 0.591 at the time of the press, and its weekly losses accumulate up to -6.85 %. S hardly three months since the PI rose to its highest levels ever, which amounted to $ 3.00, but it lost 80 % of its value in this time frame, which confirms its prevailing calm.

In a positive note, the price of the PI network increased by 45 % of the lowest level of $ 0.407 registered in early April. However, his upward jar was restricted due to the project’s failure to raise the level of shine in the road map and the massive supply that was brought into the market by opening the distinctive symbol.

Nearly 231 million PIMs, with a value of about $ 137 million, were inserted into the distinctive video code in April. The project includes about 1.5 billion symbols distributed through this mechanism for 12 months. This is likely to flow that will put a cover on the price of the PI network.

Meanwhile, BNP Paribas has announced a partnership with Pi Network, which will enable users to enjoy the immediate payment (the individual euro payment area) for online transactions. This is a support that affects the need for the network by a good reputation institution. It comes at a time when it faced increasing criticism about its transparency and fundamentalism, which is confirmed by the clear rejection by Binance and Bybit to include it.

Pi

Pi Network Coin PRICE PIVOTS at $ 0.595 and resistance at this level, prefer sellers to control. The currency is likely to meet the initial support at $ 0.582. If the sellers extend their control, the price may decrease and test $ 0.571.

On the other hand, going to the top of 0.595 dollars will invite buyers to control, and turn the momentum to the upper direction. The currency is likely to meet the initial resistance at $ 0.602. The negative side list will be invalid if the price is less than this level. If this happens, the price procedure and the test of $ 0.611 may rise.

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