The market value of Pi Network has increased by 23 %today. The basis of the rise is the expectations before Pi Day and positive predictions about the future of the project. The increase in the transaction volume is seen as one of the factors that increase confidence among investors.
Pi Coin Day
Pi Coin was traded around $ 1.67 during the day, while the last 24 hours rose to $ 1.74. The fact that the transaction volume increased by 62 %to $ 747 million reflected market mobility. In addition, rumors about the price fixing mechanism on Blockchain continue to attract investors.
In the crypto community, the increasing expectations before Pi Day are reflected in the promotional activities of the project. Smart Contract Code and ChainLink $13.13 References increase the curiosity of the technical infrastructure of the project. In the community, various comments are shared about value support levels and the future of crypto assets.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Pi Coin Future
Analysts point to a significant expectation of rise in the preservation of support levels.
Moon Jeff: “Pi’s strong level of support of $ 1.3 shows that if the momentum continues, it can rise to $ 5.”
Such expressions lead to an increase in market expectations.
The ecosystem of the project is also expanding rapidly. The mobile mining method, which provides ease of use and reached 65 million active users, made Pi Network attract attention in the global field. Successful results in the user verification process renewed confidence.
Developments include the information that the project team is being worked on more than 100 non -decentralized implementations.
The Times of Pinetwork: “Pi Network is preparing to increase real world use with more than 100 Dapps.”
This step can contribute to the increase in practical practices of the crypto asset.
In addition, the HTX Crypto Platform pointed out that Pi Day may be the scene of important announcements with a message on social media.
HTX: “Two days left! How to celebrate Pi Day? “
This sharing is among the factors that increase the curiosity of investors and followers.
Pi Network’s mining structure, which can be realized on mobile devices, is among the differentiated features of the project. The increase in the number of users and the expectation of potential listing on large platforms such as Binance supports the positive views on the project. Investors evaluate that price movements can gain a sustainable momentum in case of announcements.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
