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The Crypto Currency World never remains calm, and the net is currently proven by the net. Recently, Pi Network has become a conversation about the crypto space after being included in Mexc, one of the popular cryptocurrency exchanges. But even though the list was great news, the price of coins was on a wild roller submarine, leaving investors insecure in what follows.
Currently, Pi Network’s price has been stuck around $ 0.64. Even with all the recent excitement, he failed to break through a strong level of resistance to $ 1. Many experts believe that until it crosses this barrier, it will be difficult for the coin to attract the fresh confidence of the investor. But if it manages to stay above that mark and climb to $ 0.85, there is a chance to gather according to $ 1 or even $ 1.15.
Wil Pi network price reached $ 0.40?
According to the analyst Dr. Altcoin, the price of Pi is likely to continue to fall by the end of August. The analyst believes that unless the fundamental team of Pi Core changes its approach and become more transparent, things can get worse before they are better.
Dr. Altcoin has been warning about Pi Network’s price for some time. In his last comment, he mentioned that Token could only fall $ 0.40 in the coming weeks. He said that one of the biggest problems with holding a network PI is a lack of openness of the team behind the project. “No investor wants to invest his money in something where the founders refuse to be transparent,” said Dr. Altcoin.
Despite these short -term fights, the network of the net seems to be focused on the construction for the future. The project was recently launched by Pi Network Ventures Fund in the amount of $ 100 million aimed at supporting startups in AI, gaming, Fintech and e-commerce. The goal is to create applications in the real world that use PI crypto currencies, which could eventually increase the value of coins if it gets towing.
