The price of the distinctive symbol of the PI, has recently seen a large sale pressure, decreased by 4 % to $ 1.45. This decrease came shortly after the excitement when the currency increased by 20 % to $ 1.70, but it was later corrected. Despite this setback, new developments, such as the launch of PI, have sparked renewed attention, which prompted many to believe that PII could pay again to $ 2 in the near future.
PI current support level at $ 1.20. If the price decreases below this level, it may indicate more decrease. On the other hand, the resistance level is about $ 1.90. The collapse above this point may lead to upward momentum, as $ 3 was the next main goal.
What is the mistake that happened on my day?
PI celebrations of PI have failed to meet expectations, which led to major sales. One of the main reasons behind this was the cleansing of Kyc, as millions of non -estimated accounts lost the distinctive symbols of PI, which frustrated the sale between society.
Another contributing factory is market restrictions, as the PI network is still operating within the economy of a closed loop without an open arrival of Blockchain and the main exchange lists, which limits its growth capabilities.
New developments move excitement
Despite the challenges, the PI network is still optimistic about its future. The last launch of the field bidding with Coins PI has sparked renewed excitement, providing community members an opportunity to secure the unique domain names in the decentralized area. This development is seen as a possible change in the game web3.
Looking at the future, the future of the PI network depends on its ability to develop a stronger benefit, gain the accreditation of the real world, and provide a clear and implementable road map. With the ongoing developments and potential exchange lists, many hope that the PI network will soon rise to new levels.
