While the crypto currency market is experiencing corrections, Pi Network Coin gained approximately 5 %in the last 24 hours. The fact that the price increased above $ 0.85, especially after a 20 %decrease in recent weeks, gave rise to a new recovery among investors. This rise in the market is progressing in parallel with the opening of token locks and the decrease in stock market transfers. Investors are focused on both the supply balance and the mobility in the central stock exchanges.
Significant decrease in stock market transfers
According to the last 24 -hour data, a significant decrease was observed in the token deposits made to the stock market for Pi Network Coin. In the previous weeks, tens of millions of tokens were transferred to the stock exchanges, in recent days, this figure has declined up to 1 million. This supports the idea that it can create upward pressure on prices with the contraction in the market supply.
The reduction of supply may indicate that investors temporarily reduce sales pressure and prefer to keep more people in their wallets. At the same time, a large -scale transfer affecting price mobility also drew attention. A significant amount of token transfer from Bitget to Gate.io brought the volume of the central exchanges to the agenda. As of now, platforms such as OKX and Bitget have a total of over 352 million Pi Token.
The pressure on the price is decreasing, expectations are increasing
Pi Network Coin, which fell from $ 3 to $ 0.82 last month, had a significant loss of value, leaving more than 75 %of investors in loss. However, in recent days, the price of the price again over $ 0.85 offers a short -term breathing opportunity in the market. Analysts say that it is possible to recover with data transparency, more stock market listing and ecosystem developments.
In addition, the increase in fixed coin reserves does not escape attention. This shows that investors are preparing for profit purchase and taking cautious positions against possible corrections. Such movements seen throughout the market suggest that snow realization increases not only for Pi Network Coin, but also for other subcoins. This temporary calm in the crypto currency market offers some investors the opportunity to take positions again, while others may be time to weigh the risks more carefully.
Web3 developments are on the agenda
Pi Network Coin’s vision of decentralization, within the scope of the web3 can take new steps in the field is also said. Expectations for the project are not limited to price movements; Investors assess that ecosystem growth and potential partnerships may also affect value. If the current price is permanent over $ 0.834, it is thought that a $ 1 psychological level can be tested in the short term.
The stability of the project may reassure confidence in the market and withdraw the attention of long -term investors. This recovery signal, especially after the harsh decreases in the past, means the opportunity to re -evaluate for many investors. All these developments indicate that Pi Network Coin can open a new page both in -market dynamics and in the web3 ecosystem.
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.
