Pi Network Price Must Drop Below $0.40 To Trigger Rally, Here’s Why

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Pi Network’s price momentum appears to be weakening, and it may soon fall below $0.40. Despite recent announcements about ecosystem growth and app hosting, experts hint that most of the positive developments have already been factored into the price, leaving little support for current levels.

Factors Behind the Bearish Outlook

1. Pi2Day Hype Fully Priced In: The excitement around June’s Pi2Day event, AI collaborations, new merchant listings, and ecosystem applications briefly boosted market sentiment. However, these announcements were driven by…



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Pi Network Price Must Drop Below $0.40 To Trigger Rally, Here’s Why


Pi Network’s price momentum appears to be weakening, and it may soon fall below $0.40. Despite recent announcements about ecosystem growth and app hosting, experts hint that most of the positive developments have already been factored into the price, leaving little support for current levels.

Factors Behind the Bearish Outlook

1. Pi2Day Hype Fully Priced In: The excitement around June’s Pi2Day event, AI collaborations, new merchant listings, and ecosystem applications briefly boosted market sentiment. However, these announcements were driven by…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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