Pi Network Price Crashes – Time to Sell Pi Coin? New Token Launches Predicted To Be The Next Big Altcoins

We predicted in our piece this morning that if Pi Coin price dips below $1.28 support, this could trigger further downside towards $1.15-1.20 range and this is exactly what we are seeing right now.

The Pi Coin price is trading around $1.17 after dipping 17% today. This is a continuation of a downtrend that is lasting since Thursday when price was trading around $1.75.

Why Is Pi Coin Price Dropping?

One reason for Pi Coin’s decline is that it has not been listed on major exchanges. Even though 86% of the community voted for a Binance listing, the token is still missing from top platforms. This makes it harder for people to buy and sell, reducing confidence in its future.

Another problem is the lack of big announcements on Pi Day. The Pi Core Team introduced the pi.domain feature, but many investors were expecting something more significant. This disappointment led to more selling.

People who have been mining Pi for years are also growing frustrated. The project has been in development for six years, yet there are still no clear signs of progress. Many early adopters have started criticizing the team, which has caused trust to fade and more people to sell their holdings.

There is also the issue of token unlocks. Over the next year, more than 1.6 billion Pi Coins will be released into circulation. This increase in supply could push prices down even further.

On top of all that, the broader crypto market is struggling. Many investors are avoiding risky assets, and Pi Coin is feeling the pressure. With all these factors combined, Pi Coin could continue to see more losses.

Read also: Why You Should Avoid Pi Coin Now and Focus On This $0.0016 Low-Cap Crypto

After Pi Coin – What Are the Hottest Token Launches This Year?

While Pi Coin is struggling, some new tokens are getting attention. One of the biggest presales right now is Solaxy. This project has already raised nearly $27 million and is a Layer-2 solution for Solana. Its goal is to reduce congestion and lower transaction fees.

Solaxy works by processing transactions off-chain and then submitting proofs to Solana’s main network. This allows it to handle up to 10,000 transactions per second, which helps improve speed and efficiency. It also connects Solana with Ethereum, making it easier to transfer assets between the two networks. The project’s token, SOLX, is currently priced at $0.001666, and the price increases every 48 hours.

Visit $SOLX Presale Now

Another promising project is Mind of Pepe, which has already raised $7.4 million. Its token, $MIND, is priced at $0.0035376. This project is centered around an AI-powered agent that interacts on X (Twitter), analyzes market trends, and shares insights with token holders in a private Telegram channel. The AI can even launch new tokens based on detected trends, giving early investors an advantage.

Mind of Pepe’s AI system combines social media analysis with real-time market data. It scans thousands of sources, from Twitter posts to blockchain explorers, to predict market movements before they go mainstream.

Visit $MIND Presale Now

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Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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