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Abstract:Pi Network Coin drops 10% to 1.41 despite US Crypto Reserve. Can it rebound? Experts predict 500 by 2030 if widely listed. Learn more about its future.
Pi Network Coin, the latest cryptocurrency to make waves, experienced a significant drop of 10.46% on Monday, falling to $1.41 per coin. This decline occurred despite former President Donald Trump's establishment of the US Crypto Reserve, a move that many expected to bolster the crypto market. According to the CoinSwitch Market Desk, the market reaction was slightly negative, as investors had hoped for fresh capital injections into cryptocurrencies.
As of 2:49 pm on Monday, the 24-hour trading volume surged by 101.67%, reaching $994.92 million. With a total supply of 100 billion PI, Pi Network Coin remains a key player in the crypto space, as reported by coinmarketcap.com.
Pi Network Price Prediction and Mainnet Launch
Fortune India predicts that if Pi Network evolves into a widely accepted digital currency with real-world applications, its price could soar beyond 500 by 2030 Experts on binance.com also suggest that if PI breaks the 1.90 resistance level with strong trading volume, it could trigger a rally toward 10. However, failure to surpass this level may result in a sharp decline to 1.54. For a bullish breakout, bulls must maintain support above 1.74. Currently, PI is trading at the 1.061 mark.
How to Buy Pi Network Coin
Pi Network Coin is now available on major exchanges like CoinDCX, OKX, and Bitget. To purchase, users need to download the app, complete KYC verification, and fund their wallets.
Meanwhile, Bitcoin prices also dipped following Trumps Strategic Bitcoin Reserve order, which failed to meet market expectations amid ongoing tariff disputes. Despite the short-term volatility, long-term prospects for cryptocurrencies remain bullish.
According to the CoinDCX Research Team, the crypto markets are attempting to regain strength after a bearish weekend. While most cryptocurrencies have rebounded from monthly lows, the fear of another pullback lingers, keeping investors cautious.
In summary, Pi Network Coin‘s recent drop highlights the crypto market’s unpredictability. While short-term challenges persist, long-term predictions suggest significant growth potential, making it a cryptocurrency to watch.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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