15/11/2024
Here's the reasons why you cannot ignore Pi Network and mining it for FREE.
Key Takeaways:
1. Pi Network Price Recovery: Pi Network’s token recently surged to $60, marking a 25% rise within the past week, attributed to optimism around its upcoming mainnet launch.
2. Mainnet Launch Milestones: Key criteria for the launch include user KYC verification, ecosystem expansion with 100 apps accepting Pi Coin, and favorable regulatory changes.
3. Technical Indicators: Technical signals, such as upward-moving 50- and 25-day averages and rising MACD and RSI, support a continued bullish outlook for Pi Coin.
4. Positive Market Sentiment: The recent regulatory shift in the U.S. has fueled optimism across the crypto market, with major coins like Bitcoin and Ethereum experiencing notable gains.
5. Potential Risks: Despite the positive trend, Pi Network must maintain its momentum by meeting mainnet prerequisites and holding its price above the key $48.10 support level.
Source: https://coindcx.com/blog/coindcx-news/pi-network-price-surges-as-mainnet-launch-and-crypto-optimism-fuel-recovery/
