Pi Network: “Keep your precious pieces!” Crypto experts see more upwards after PI recovered 73% from a crash of the first day

PI price of the PI network today: The Pi Network Coin part, commonly adapted as “the future of social cryptocurrency in Web 3”, has experienced a roller coaster price movement since its open Mainnet launch earlier this week. After reaching a remarkable $ 2.10 summit of $ 2.10 on the launch day, the PI room crashed with a huge 71% in the first 24 hours after being listed on exchanges.

However, prices recovered almost 73% compared to the price accident, and the digital mining focused on mobile also reported a slight increase in its market capitalization. Users can buy, sell and exchange a PI like any other cryptocurrency, with fluctuating prices as the market reacts. Pi Network Coin is live and listed on seven main crypto exchange platforms: OKX, Gate.io, Bitget and Coindcx.

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Pice price today

According to CoinmarketCap data, Pi Coin exchanged $ 1.24, more than 73% compared to yesterday’s crash. The market capitalization of digital currency amounted to $ 8.6 billion at the time of the editorial staff. Pi Coin is down 35% compared to its summit of $ 2.01 and 120% more and more of its highest level of $ 0.6152. The total offer of PI parts is currently 9.82 billion, while the maximum offer could react to 100 billion pi. The supply of auto -declaced difficulty of the part is 6.38 B PI.

Should you buy Pi Coin? Experts are more up

The expert in Crypto Kim H Wong thinks that the PI trade is disappointing because the pioneers continue to sell and buy the orders are small (Pi 1K highest, on average a few hundred pi). No big capital is in sight. “However, this can also be considered positive, because sellers are exhausted and buyers intervene, the price should go up,” he said.

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“Anyway, what is important is that PI has successfully opened its network in the world, and as people understand the power of the PI network, the price will increase when Big Capital will intervene. Hold on your precious Pi! ”Suggests Wong to crypto lovers. His remarks come after the 71% crash after the launch of the Mainnet.

According to Thangpandi Durai, CEO of Koinpark, “although its launch of the Open Mainnet has enabled exchanges, long -term success depends on the adoption, governance, security and the utility of the real world. Investors are expected to cause in -depth reasonable diligence to determine if the PI part is aligned with their financial strategy and their risk appetites, “said Durai.

What is Pi Network Coin?

Pi Network is a user community, mining the Pi cryptocurrency to use and create the web 3-application ecosystem. Pi Coin is the native cryptocurrency of the Pi network, founded by the graduates of Stanford Phd Nicolas Kokkalis and the Chengdiao fan.

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Designed as a mobile mobile cryptocurrency, it allows users to win mines with high energy intensity. Its use cases include peer transactions, market payments and decentralized applications (DAPP) in its ecosystem. Pi uses the energy light exploration method with the KYC solution at the crowd scale to provide access and identity verification for web3.

Non-liability clause: The opinions and recommendations provided in this analysis are those of individual analysts or brokerage societies, not mint. We strongly advise investors to consult certified experts, to consider tolerance for individual risks and to carry out in -depth research before taking investment decisions, because market conditions can change quickly and individual circumstances may vary.