3 reasons why PI network price can be crashed after Mainnet starts

Pi Network developers are perforated for highly expected launch Mannet, which is expected to happen in March.

This representative of Mainnet will allow pioneers to cash their accumulated tokens and developers to show their applications to their target audience.

Starting will happen for more than seven years since developers launched a network, which allowed pioneers to spend on their smartphones.

Much has not been discovered on the launch of MAINNET, including the date and price. Speculation is that the price of PI coins will start trading in the amount of $ 3.14, the value of PI. Here are three reasons why PI network price can be crashed after launching Mainet.

PI Network Costs can fall for sales of revenge

The first main reason why the price of coins can crash after the Mainnet Revenge Sellng launch. This is the situation in which the years the pioneers who have had a token decided to sell all their tokens.

This is because these pioneers endured long-lasting wait Launch Mainnet to happen. They missed the recent prices of the CRIPTO prices in 2021. years and in the last three years.

PI Network developers also disappointed them with missing key deadlines. For example, they delayed verification or KIC of knowledge or KIC from 31. November last year to February 28th.

Tap tokens to earn after airflow

Another reason why PI prije can crash after the airstroke that many collides many tokens for earnings for earnings after their airstroke. Hamster kombat (Hmst) Crashed by 90% from its highest level in September last year.

Other tokens like dogs and notcoin also fell. This was noticed because Pi Network A for earnings The platform where users accumulate tokens by touching the button on the application. The only difference is that PI created its own blockchain and its ecosystem, including the browser and Fireside Forum.

These tokens collide as many users who accumulated their tokens sales and turned them into FIAT currencies.

It’s not just touching the token that collapsed after the plane. Recently, the recently air tokens like Berachain, wormhole and Zxinc were sunk after their token has launched.

As such, many pioneers of PI networks want to sell early to avoid mistakes of most carriers in touch-earnings.

Factor playback season

Further, the launch of PI Network Mainnet can happen in the last days of a quarter. Historically, the third quarter is usually the second worst period for cryptocurrency, because it coincides with the summer season. The data for which shows that the average return is Bitcoin in K2 26%, and then 6% in K2.

Therefore, there is a risk that the price of the PI coin will fall if the seasonal aspect is functioning. The newly launched air openings are made when there is a crypto bull.