Pi Network (Pi) skipped the rally: is there yet beer brewing?

Tl; the Dr.

• PI -network (Pi) fell 3%in the last seven days, with a potentially weighted massive sign of opening and with a fresh shift.
• Some analysts predict a potential setback, while others have warned that dealing with property can cause painful losses.

There is no green wave

The cryptocurrency market has been on the rise over the past week. Bitcoin (BTC) grows by almost 10%during the period, currently trading around $ 95,000, while Ethereum (ETH) saw that its assessment increased by 11.5%.

Very few of the 50 best digital assets remain red on a seven -day scale, and unfortunately for the PI network community, their favorite sign is one of them. As of this article, PI is worth about $ 0.61, which is 3% per week. Moreover, the current level marks an 18% decline in the last two weeks.

It is worth noting that the property began retrospective In mid -April, just after the big release of almost 7 million chips. The opening remained millions in the coming weeks and it is assumed that the coming days will accelerate further.

Data exhibitions that over 230 million pi was wanted get rid of The next month, April 30, is a record day when 11.3 million chips are released.

Such events usually lead to a higher sales activity as investors will eventually get the opportunity to sell the coins they have been waiting for for a long timeTo. Although some owners may remain, the risk of a mass exit is still the fabric.

Another factor that could negatively affect the price of PI is the lack of new grants with leading crypto exchanges. Well -known names that have already embraced the property are Gate.io, OKX, Bitget and others.

However, Binance and Coinbase remain. First issued Community vote in February to determine if its users want to see PI on the platform. Although more than 85% clicked on the “Yes” option, there has been no follow -up announcement.

Price forecasts

Despite the recession registered in the last week, certain x users continuously make optimistic predictions. Moon Jeff who recently concerns the thing recently predictable This Pi can rise to 1 dollar.

Interestingly, at the beginning of the month marked PI -network “Slow Carpet” suggests that the symbolic potential to $ 1 is “just a dream”.

Kuzo also shared their thoughts, claim Pi “does not look good” based on research conducted over the past month.

“People lose millions or even billions of dollars. It's worse if you could have imagined. If you still hold on, think twice. I will soon give up the investigationmake Of course you follow, ”they added.