Pi Coin PRICE today: The launch of the PI network today; Check the price of listing, market updates, launch time, India price

1.

Pi Network spent years building a wide base of the first adopters who have disrupted the distinctive PI codes without almost any cost. Now, with MainNet finally present real liquidity, many first mining workers may accelerate their property, in the hope of closing profits. In the event of a collective sale, the sudden rise in the supply can demand the demand, which accelerates the low prices.

2. Airdrop symbols often decrease after launch

History has shown that cryptocurrencies distributed through air drops or free mining often face immediate sales once trading begins. Investors who have received free PI may have a little incentive to stick to it, which leads to heavy sale. Several distinctive AirDrop -based symbols have suffered from a sharp drop, and the PI can follow the same style.

3. Technical weakness and uncertainty in the market

The Pi Coin has already struggled to maintain the main price levels, as it decreased by 55 % to about $ 30. Technical indicators indicate that the currency is in a fragile state, with resistance at higher levels and lack of strong support. If the feelings turn after the launch, the PI can slide further, with analysts warning that a decrease less than $ 30 may lead to a collapse to $ 17 or less.