Pi Network (PI) drowns 12 % in just one hour

TL; D

• PI decreased with double numbers in one hour with the start of the main distinctive symbol.
• Despite the DIP, some analysts remain optimistic, as one X -user expects a possible increase to $ 5.

The original symbol of the PI network witnessed a great return at the end of last week, as it rose to $ 0.77. this A huge increase by 92 % compared to the lowest level ever at $ 0.40 was observed at the beginning of April.

PI started the new work week on the right foot, where it hovers approximately $ 0.75. A little more than an hour ago, the bears intervened again, and the price collapsed by approximately 12 % to $ 0.63. in the next minutes, There was a slight recovery, and PI is currently trading about $ 0.67.

The exact cause of sudden Noseedive is still unclear. However, it coincides with the main symbolic version that started today (April 15), when 6.8 million PI are launched.

like Cryptopotato previously to cautionYou will accelerate the cancellation In the next few weeks. April 18 It is expected To be the record day, with approximately 10 million symbols It is scheduled For version.

Such events generally lead to increased pressure pressure, Give investors the opportunity To empty the coins they have waited for a long time. Although all of them may not be spent, the risk of a wave of exits remains.

Despite the decline in prices in the past hour, some of the industry participants remain optimistic. X User Moon Jeff, which affects PI performance frequently, male It is still possible to start the beginning of the large opening, but it assumed that the rise to the highest level ever at $ 5 is possible. “Don’t sell cheap,” advised.