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PI Network Coins: The new crypto coin is collapsing over 70% in 24 hours of launch! Experts give a guide for 5 points for investors

PI Network coin Price today: Brand new Pi coin experienced an evaporative ride after he was struck cryptocurrency Market this week, becoming the first digital currency that can be mined on the phone. After launching an open Maginet digital currency, which went live on 20. February, PI coin crashed a huge 71 percent in terms of value in the first 24 hours of trade trade.

20. February, when the PI coin was launched, its price touched extremely available from $ 2.10. However, the same day crashed by 71 percent to hit his time low from $ 0.6152. Users compared the fate with US President Donald Trump is all new- $ Trump Meme Coinwhich spread over 300 percent after starting only to delete almost 10 billion dollars of market value, transition in price.

Also read: PI Network Coins: New digital currency Hits Cripto Market! What is it, how to buy pi coin and more

Pi coin price today

21. February, PI coin traded from $ 0.68.16, from 66 percent from the launch time. The digital currency market amount was $ 4.46 billion at the time of writing. According to CoinMarketCap, the total offer of PI coins is currently in 9.76 billion, while the maximum offer could react to 100 billion pf. According to data, coin is a self-instituted circulated offer of 6,34 B PI.

“Pi Coin sent headlines after 20. February 2025. years. Within live hours, live in time. But what followed that it initially committed the year to crash at first To hit a price value of $ 0.78 in less than one day, “Sathvik Viscanath said, co-founder and executive director of Unicoin.

Users can buy, sell and store PI as any other cryptocurrencywith fluctuating prices how the market reacts. With the launch of Majnet, PI network coin lives and is listed on the seven main platforms of the CRIPTO Exchange, including the OCCS, Gate.IO, Bitget and Cointck. However, the coin is not yet trading on binance.

Also read: New $ Trump Meme New $ Trump Meme Cripto Market: What is it? Why is it done? – Explained in 5 points

What is the PI network coin?

PI coin is the native cryptocurthity of PI networks, founded by Stanford doctoral graduate Nicolas Kokkalis and Chengdiao Fan. Designed as a mobile first, beautiful cryptocurst, allows users to earn prizes without energy intensive mining. Its cases of use include peer transactions, trader and decentralized applications (DAPPS) within its ecosystem.

PI Network is a community of users who run cryptocurrency for use and construction Web3 Application Ecosystem. The mobile-first crypto-mining project aims to bring currency available to users without specialized hardware or technical expertise. PI Network is the future of the future of social cryptocurries in Web 3.

As Pi Coin Compares Sa Bitcoin, $ Trump Meme Coin

According to the CRIPTO Date COINGECKO provider, after writing the peak above $ 70 within two days of its launch, American president Trump Trump Coin has strayed at about $ 17. The $ Melania Meme Coin, was promoted last month from the first lady Melania Trump, initially rose to as much as $ 13.05 before falling to about $ 3.49 later.

According to COINMARKETCAP, total market CAP meme, at $ 68.3 billion, is suddenly suddenly from the top in June 2024. Out of $ 127.3 billion. The world’s largest cryptocurrency, Bitcoin, currently traded from $ 95,452.69, almost 12 percent from their all time from 109,111,88.88.

Do you need to buy Pi Coin? Experts give a guide for 5 points for investors

Investors wonder if they should buy or sell PI coin after the latest price drop. According to Cripto market experts, it depends on some critical factors. “Before buying PI coins in India, investors must assess key factors for informed decision,” said Thangpandi Durai, General Manager Coinparka.

1.Price volatility: According to a given, instability is the main concern for the PI coin. Like any new crypto, PI price is very unpredictable and early adopters that have mined it since 2019., now they are sold largely, adding sales pressure. This means that short-term fluctuations are inevitable.

2. Exprense Support: According to an expert, another point of consideration is support for exchange. While the PI coin brought several notable platforms, still missing giants like bynance, limiting their liquidity and global range.

Also read: Bitcoin hit two-month low $ 90,957 after investors sell risky funds on a sharp ascent in the American bond yield

3.Regulatory clarity: According to the present, investors should look at the regulatory uncertainty in regulations in India-Cripto and every sudden policy change could be affected by trading. “Before investing, assessment of regulatory clarity, liquidity, exchange, project path and tokenomics is crucial,” Thangpandi Durai said.

4.Risk appetite: “While launching open Mannet, trading, long-term success depends on the adoption of ecosystems, management, security and real world. Investors should conduct a fundamental deep diligence to determine whether Pi Coin aligns its financial strategy and risk appetite, “Durai said.

5.Vevolutionary for digital payments: On the brighter side Viscanath said the vision of Pi Network is ambitious. “The goal is to revolutionize digital payments by crypto blasting available to everyday users without energy mining processes Bitcoin. The network is working on creating ecosystems where PI can be used for transactions, definitions definitely and more.”

Declaration of responsibility: Attitudes and recommendations listed in this analysis are those individual analysts or broking companies, not mints. We strongly advise investors to consult with certified experts, consider individual risk tolerance and conduct basic research before making investments, because market conditions can change quickly and individual circumstances can be distinguished.

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2025-02-21 20:47:00

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