Pi Nears Breakout Amid Scams, Speculation, and Utility

Pi Network Mainnet Opens With Advanced Security and New Ecosystem Tools

The open mainnet of Pi Network is now online, and it is its biggest achievement since its inception. The most recent release comes with a direct on-chain balloting, real-time validation, and smooth migration of millions of users transferred out of the closed network. The celebratory post about the upgrade was viral, which attracted attention to the fact that the mainnet opens the doors to the entire ecosystem at last. In a project with such a hu…

Pi Nears Breakout Amid Scams, Speculation, and Utility

The post Pi Nears Breakout Amid Scams, Speculation, and Utility appeared on BitcoinEthereumNews.com. Pi trades near $0.248 as its symmetrical triangle squeeze reaches a breaking point ahead of the November 28 update. Scam alerts and unconfirmed EU recognition claims fuel volatility as sentiment swings between fear and hype. Rising utility from Pi payment apps contrasts with persistent resistance at $0.262, keeping the trend direction undecided. …

PI Rises on a Short Bullish Wave: Are Buyers Strong Enough to Sustain the Price?

With a 4% gain, PI is now trading in the $0.25 zone. The daily trading volume has soared by over 35%. Over the last few days, the broader market sentiment has been stuck in extreme fear. All the recovery attempts have failed, and the price charts of the crypto assets are in red, losing momentum. Turning attention toward the altcoin pack, PI has registered a 4.41% in the last 24 hours.  The asset opened the day trading at a low level of $0.237, a…

Pi Network's PI Taps Weekly High, Bitcoin's Price Struggles at $87K: Market Watch

Although it managed to recover several grand since last Friday’s calamity, BTC has failed to decisively overcome the $87,000 resistance line. In contrast, several altcoins have produced more impressive gains over the past day, including Pi Network’s native token, which is up by double digits weekly. BTC Stopped at $88K Again It was just over two weeks ago when the primary cryptocurrency was riding high at around $107,000. However, it quickly los…

Pi Coin Price Wyckoff Theory Points to a Surge Amid Whale Buying

Key Insights Pi Coin price could be in the accumulation stage of the Wyckoff Theory. The highly bullish markup phase usually follows this stage. The biggest Pi Network whale has continued his accumulation. Pi Coin price stayed in a tight range this week. It has continued its consolidation phase since October. Pi Network token was trading at $0.2367, giving it a market capitalization of over $1.9 billion. Pi Coin Price Wyckoff Theory Analysis Th…