PI another 25 % tank
The PI (PI) is disrupted again, as the PI price has decreased by another 25 %, letting a lot wonder if the dream of laptop mining has finally died.
The first investors rescue the distinctive symbol.
Meanwhile, some whales do not waste time and pour money in Solaxy (SOLX) instead – betting on Solana Scaling solution as a big thing.
The PI network has been disrupted and hit the lowest level since the launch
The PI network, which is founded by Stanford graduates, allows anyone to advantages of their phones with just a daily click.
This project had a tremendous sensation in early February, but things do not look great now.
Its original PI symbol for him It was destroyed to $ 0.86,, Which caused the market ceiling to shrink to only $ 5.9 billion.
Trading volumes jumped by 66 % in the last day, but this is likely to invest investors while they can.
PI now sits at its lowest price since February 22 – it is on the right path to raise its eighth red day through the last nine.
What is particularly concerned is that there is no bottom on the horizon.
Despite all these millions of “pioneers” click the Mine button every day, the market seems to be sending a clear message: the PI experience may end.
Why the PI network is the tanks – the distinctive symbol and exchange problems are explained
But why do you put PI tanks very much now?
There is no one reason, but there are many negative factors that collide at one time.
The biggest problem is to open the distinctive symbol in the next thirty days – About 124 million P. (About 108 million dollars) is immersed in a already shaky market.
This is a ton of new offer with anywhere to go but down.
Then there is a problem of exchange.
Big exchanges like Binance are still not included, even after years of noise from the team and society.
Without these large exchange lists, there is not enough liquidity or new buyers to absorb all the pressure pressure.
Silence from the PI network does not help either.
Their connections were intermittent at best, which left investors guess and come out with different theories.
So, is the PI network officially?
Crypto has seen a lot of projects bounced from the edge of the abyss, so it may be very early to remove PI completely.
But to survive, it needs desperately either a high-level exchange list or some of the original utility outside a way to defraud mining-speed.
Whales give up PI for Solaxy, where you buy a great interest in the new layer 2
While the PI network is struggling, smart money flows elsewhere.
Specifically, there is an increasing evidence that Pisces investors put themselves quietly SwalasiSoliana Solve the first scaling layer 2.
Only yesterday, ETHERSCAN data The whale of purchase of 8.6 million SOLX icons – approximately $ 14,300 – showed in the continuous pre -acting period.
This is also not an isolated event-many other major purchases were monitored last week, indicating that investors of high value are early.
Why rotation from projects like PI to Solaxy?
The answer is probably the interest and timing.
Although the PI network has not been delivered with its promises beyond the side of the laptop mining, Swalasi It addresses a real problem-congestion issues in Solana-with a scaling of layer 2, which addresses transactions outside the chain.
Solaxy’s inter -operational interview with Ethereum is another large lot, as it mainly offers the best in both Blockchains.
https://www.youtube.com/watch?
Add the huge Staking bonuses (149 % APY), and it is easy to know why these whales jump from PI to Solx.
Even YouTube is like Cilinix Crypto They are involved.
With the presence of more than $ 27 million collected in the pre -diamond stage, it seems that many investors believe in the future capabilities of Swalasi.
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