TL; D
-
The PI remains a decrease, with increasing concerns that low prices may deepen with the balance of balances in the exchange of millions of coins.
-
The huge distinctive symbol holes add to the pressure, as the date of 18.2 million PI was set for his release today.
Another possible accident?
The cryptocurrency market has witnessed a strong return over the past seven days, with some pioneering digital assets that determine the gains of two numbers. However, this was not the case for the PI (PI), whose price continued its negative direction.
To write these lines, it is trading in almost 0.48 dollars, a 13 % decrease on a week size And 26 % He is drowning During the past month.
While Pi holders and supporters expect to see the end of the shrinkage, some of them important Indicators indicate that the accident may increase more in the near future.
For example, there are the number of distinctive symbols stored in the central stocks Rise More than six million in the past 24 hours. Currently, more than 366 million PI are kept on such platforms, which is a value of approximately $ 177 million.
An increase in the offer on stock exchanges does not guarantee that investors are preparing for a huge sale. However, development can be seen as declining because it increases immediate sale pressure.
It is not the only factor to watch
Next The distinctive symbol opened Also spelling bad news to bulls. The record number is 18.2 million P. It is scheduled For the release today, which will give people the opportunity to empty their long -awaited coins. The cancellation holes will remain high until mid -July, and then the temperature It is expected To cool.
It should be noted that the issuance of PI icons accelerated last month, which led to renewed pressure pressure. The price of the original Noseed To a little less than $ 0.40 on June 13. The collapse coincided with geopolitical tension caused by the military conflict between Iran and Israel, which had a significant impact on the entire cryptocurrency market. One X user often gives two years on PI at the time:
He is $ PI Supported by Iranian nuclear facilities?
It decreased from 0.62 to 0.4 in one minute.
But he is already recovering.
Going to $ PI. #Pinetwork pic.twitter.com/yigrikd6ij– Moon Jeff (@crypttuad) June 13, 2025
Binance Free $ 600 (Full Details).
Limited offer for Cryptopotato readers in Bybit: Use this link to register and open a $ 500 free site on any coin!
