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Pi Network Price Prediction 2024, 2025, 2030, 2040, 2050. • The price prediction of Pi Network Coin looks bullish in 2024. • The maximum price of Pi Coin can be around $194.31 in 2024. • Pi Coin can reach the maximum price level of $253.16 in 2025. • The average price of Pi Coin can reach around $539.88 in 2030. • Pi Coin can hit the target of $1000 in 2040. • Pi Coin can reach $2,623.18 in 2050. Pi Network is one of the most popular crypto projects in the market. If you're finding the Pi Network price prediction or looking at the potential of the Pi Token, this analysis can be helpful. Our price prediction is based on technical analysis and the current performance of the Pi Network. Here we are analyzing the potential of the Pi Network Coin in the long term. Pi Network Price Prediction.

Pi Network Price Prediction 2024, 2025, 2030, 2040, 2050.

• The price prediction of Pi Network Coin looks bullish in 2024.

• The maximum price of Pi Coin can be around $194.31 in 2024.

• Pi Coin can reach the maximum price level of $253.16 in 2025.

• The average price of Pi Coin can reach around $539.88 in 2030.

• Pi Coin can hit the target of $1000 in 2040.

• Pi Coin can reach $2,623.18 in 2050.

Pi Network is one of the most popular crypto projects in the market. If you're finding the Pi Network price prediction or looking at the potential of the Pi Token, this analysis can be helpful. Our price prediction is based on technical analysis and the current performance of the Pi Network. Here we are analyzing the potential of the Pi Network Coin in the long term.

Pi Network Price Prediction.

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Shiba Inu (SHIB) May Break Major Record This Month, Here's Reason. Shiba Inu (SHIB) had a good showing in the month of May, despite the broader market uncertainty. The digital currency recorded 13.2% growth in May, according to data from Cryptorank. This performance is a major lift-off from the 15.4% slump it recorded in May 2023 as it effectively broke free from that bearish trend. This month holds an even bigger stake for Shiba Inu. Since its inception, the digital currency has never recorded a positive close for June. In June 2021, the token recorded a 4.75% slump, setting the historic record for a 12% slump in June 2022. Last year, Shiba Inu also ended the month down by 11.5%, creating an avenue for SHIB to make a difference this month. The market dynamics this year are quite different from any in the past three years. Now, there are spot Bitcoin ETF products trading on U.S. stock exchanges. While this does not impact Shiba Inu directly, it bolsters the general institutional liquidity that can drive BTC prices up. As a token with a high correlation with Bitcoin, Shiba Inu is also poised to benefit from this rally. As per the internal Shiba Inu updates, the digital currency has recorded a major evolution that can contribute to its bid to breach major records this month. Unlike last year, Shibarium is fully operational with a growing total value locked (TVL) and functional decentralized applications (dApps) that are helping to drive the demand surge for SHIB. Shiba Inu is also well positioned to make history this month considering its current momentum over the past few weeks. Though it has been in and out of the top 10 list of coins by market cap, displacing Cardano and Avalanche recently, SHIB has shown that it can ride a steady momentum to clear outstanding losses. While it remains too early to tell, Shiba Inu might pull a similar May growth stunt to breach the historic June losing streak.
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Ethereum (ETH) Confidence Soars Among Large Whales, Here's Big Bullish Driver. Recent report published by the on-chain data aggregator Into TheBlock shows that recently large Ethereum whales have become more confident in their big bet on Vitalik Buterin-made cryptocurrency. These whales have greatly intensified ETH accumulation. However, there is more analytics data showing that overall Ethereum sentiment is growing bullish quickly in the market now. Whale ETH accumulation speeds up. Into TheBlock shared that large cryptocurrency holders have begun to buy more ETH and do it more frequently, intensifying accumulation. According to the data it shared, at the moment approximately 41% of the circulating Ethereum supply is owned by wallets each holding more than 1% of the ETH supply. This is a 36% increase from 36% which was noted by the on-chain data collector at the start of the year. This trend highlights "increasing confidence among large holders," Into TheBlock stated. The recent approval of spot Ethereum exchange-traded funds (ETFs) seems to be the largest driver of the increased ETH accumulation by whales. The final decision of the SEC regulatory body is expected to come later in June once the commission makes a schedueled meeting. The Ethereum ETFs were approved following the positive decision of the SEC regarding spot Bitcoin ETFs announced by its chairman Gary Gensler in the middle of January. The approval of Ethereum funds came much faster than that of Bitcoin-based ETFs. The latter took the regulator almost a year with the applications making various required updates to their applications. It was the same with the Ethereum products - the ETF applicants removed the ETH staking option from their applications.
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Will PEPE Continue to Rally in June? The frog-themed coin has been good to its holders in the past month. Currently, 91.59% of PEPE addresses, representing 227,990 holders, are in profit. Additionally, 5.32% of addresses, or 13,250 holders, are at breakeven with the current price around $0.0000144 per token. As of late May 2024, the chart shows what seems to be a correction on a monthly scale. Whether the rally continues in June remains the biggest question. PEPE price prediction. Pepe is now ranked as the 28th cryptocurrency by market cap on CoinGecko and has secured the 20th spot on CoinMarketCap with a current market cap of $6.16 billion as of June 1. Over the past month, PEPE has surged by 107%, outperforming the overall market and the average meme coin. This performance has pushed PEPE above its 50, 100 and 200-day EMAs, highlighting its strong bullish trend. If we look at PEPE market value to realized price ratio, we can guess the potential "true" value of PEPE. Despite its impressive gains, meme coins, including PEPE, are notoriously volatile. Many analysts predict a likely further price correction. For instance, Ali Martinez has noted bearish signals, pointing out that PEPE's daily RSI has surpassed 70, an overbought level that often precedes price corrections or consolidations. When the average RSI value surpasses 70, this increases the risk of a sell-off. However, it is important to note that the market can remain overbought for extended periods, with prices continuing to rise. According to the RSI heat map, PEPE currently sits at the "strong" level, with a potential "sell" signal. Into TheBlock data also indicates a bearish sentiment as June approaches. Another important indicator is the historic correlation with the BTC price. As shown in the chart below, PEPE has seen mostly negative correlation with both Bitcoin and Ethereum within a year since its launch. The likelihood of both Ethereum and Bitcoin rallies remain high in June, which poses the question of whether PEPE trajectory will change its course in the next few weeks.
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Shiba Inu: 65 Trillion SHIB at Risk as Price Suddenly Drops 4%. Shiba Inu (SHIB) is facing a critical moment amid its recent price drop. This decline puts the 65 trillion SHIB level at risk, a significant support zone that has previously helped stabilize the token's value. Shiba Inu's price has fallen nearly 4% in the last 24 hours. This dip comes amid a broader market decline as investors reacted to the latest release of key inflation data, which provided hints about the path ahead for interest rates. Bitcoin fell alongside other cryptocurrencies as the U.S. announced that the core PCE price index in April was 2.8% YOY, compared to the predicted 2.80% and the prior 2.80%. The U.S. core PCE price index fell to 0.2% in April, lower than predicted, and the lowest since December 2023. At the time of writing, several cryptocurrencies traded in red, alongside SHIB, which was down 3.46% in the last 24 hours to $0.0000255. According to Into TheBlock data, 65.53 trillion SHIB were bought by 62,110 addresses in the range of $0.000025 and $0.000027 at an average price of $0.000026. The recent drop in the SHIB price has put this key range under the microscope, with SHIB approaching the lower end of this range at $0.000025. Market analysts are keeping a tight eye on the SHIB price, as holding above the 65 trillion SHIB range could be pivotal for SHIB's short-term price action. If the price stabilizes or bounces back from this point, it could reinforce the support level's strength and possibly lead to a bullish trend. However, if the price continues to decline and the 65 trillion SHIB level is lost, it could open the door for a deeper correction, possibly to $0.000019. According to on-chain data, Shiba Inu's next major support lies between $0.000019 and $0.000025, where 59 trillion SHIB were bought by 111,420 addresses. On the other hand, if SHIB could surpass the key 65 trillion level, Shiba Inu might challenge the key barrier at \$ 0.000027 and $0.000030.
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