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3 reasons make the price of the PI network (PI) is in danger

TL; D

  • The pressure on the sale increases, which aims to cancel the insurance of millions of symbols in the following weeks.
  • Hopes are installed on PI2 (June 28), with the main advertising speculation or even the Binance menu.

More pain in the future?

The original encrypted currency of the PI, PI, has not been in its best cases in recent times, as it has decreased by 20 % over the past two weeks. Although supporters and investors hope to recover, many of the main factors indicate that there is an additional decrease that may be on the way.

PI price
Pi Price, Source: Coingecko

To start, the total amount of the distinctive signs scheduled for opening over the next 30 days exceeds 335 million. June 18 and July 6 It is expected To be the registration days when More than 15.5 million PI will enter blood circulation.

Distinguished code pi
Distinguished code PI, Source: Pissan.io

This will allow people to drop the symbols they were waiting for for a long time. He – she It does not guarantee a collective exit, but it definitely increases the pressure pressure.

Next in the list is the high number of distinctive symbols stored in the stock exchanges. The data indicates that approximately 340 million PI Detained On the central platforms, with the bitget package with 118.3 million.

PI stored in stock exchanges
PI stored in stock exchanges, source: pissan.io

By the end of May, form It arrived About 310 million. The change in the ups of the upcoming signs that investors conveyed some of their hideouts to the stock exchanges, indicating that they may be disbursed soon.

Another drop component is the banana frequency to allow trading services with PI. The world’s largest encryption exchange issued a community vote in February to ask its users if they wanted to see the distinctive symbol on the platform.

Clicking on the vast majority on the “Yes” option, but the company has not yet been respected. On this issue, her silence received a violent reaction from PI supporters, some of whom lost the hope that such a list will have ever.

Waiting for PI2

despite The above factorsWhich indicates the collapse of another price, around some members of the PI network, their attention to June 28. It is known today as as PI2 Today since its representation 6.28any derivative From the stable symbolic sporty beating (3.14) by 2.

According to For some, the PI team may reveal a special surprise on that day. Others, like the famous PI user mall, He thinks It can be my price You suffer from He retreated in the following weeks, but a recovery experience around it PI2 day.

Cryptoleakvn, on their part, Circulation Rumors that Binance may include the currency on PI2. However, investors should realize that today may pass without any major developments.

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