Pi Network depreciated over 8 %with a general decline trend in the crypto currency market. Bitcoin $89,294.82 And after the losses in other subcoins, Pi Coin’s key opening process attracts the attention of investors. The concern that the increasing token supply could put pressure on the price led investors to be cautious. This increases uncertainty and investor anxiety in the market.
High quantity coin lock opening makes investors uneasy
Pi Network’s high -amount coin lock opening on March 17 can create additional pressure on the market. With this clarity, an average of 8.94 million Coins per day will increase to 23.13 million. This increase has become an issue that investors watch carefully. In addition, 268.48 million Coins will be released in the next 30 days and these Coins are expected to reach a value of approximately $ 480 million. Investors are concerned that this increase in Coin supply will withdraw Pi Coin’s price even further.
The Pi Network’s effect on the market on the market is shaped in parallel with the fluctuations in the crypto currency market. This causes investors to be cautious and carefully monitor the developments in the market. The increase in coin supply increases fears that prices may further decline. Investors will evaluate these developments more clearly as more information and verification arrives.
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Pi Day Activity and Listing Expectations
Pi Day activity can be an important turning point for Pi Network. The event, which will be held on March 14, is expected to announce developments in the Pi Network ecosystem and possible stock market listing. These news may increase the value of Pi Coin and have a positive impact on the market. Community members think that such developments will support Pi Coin’s value. Binance’s potential listing support also strengthens investors’ hopes.
Binance continues to excite investors with the messages published on social media. “Dreams Come True… But only if you Survive the ‘Task’ Stage” and “Start With A Piece, Work Hard, and Earn The Whole Pie!” shares such as, increased expectations in listing among investors. Such explanations keep hopes about the future of Pi Coin on the market.
Explanations after Pi Day activities can shape Pi Coin’s market dynamics. These developments are particularly related to the possibility of listed in large stock exchanges such as Binance. However, before the official verification comes, investors are thought to be cautious against speculation.
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.
