Top Cryptocurrency to watch this week: Mantra, Memecoin, PI Network

Bitcoin and most cryptocurries remained in a narrow range last week as investors accompanied new events in trade and tension between President Donald Trump and Jeroma Povel.

The artificial intelligence of the tokens like Bittinsor, Render and AI followers last week supreme performance supreme cryptocurries that jumped double digits.

The best cryptocurries to watch this week will be Mantra (OMA), Memecoin (Meme) and PI Network (Write).

Mantra

Mantra is one of the best cryptocurries that will take care of it this week clutch Last week. The leadership blame the decline on the liquidations with one great exchange, while Arkham pointed out the sale of tokens by insider and investors. Mantra rejected those claims and committed to buy and token burns.

Om Token crashed with all year’s high than 9.5 to $ 0.5938 and slowly formed a bear sample. Therefore, while investors can be tempted to buy DIP, they will probably continue to fall, with the next point of view that the psychological point is $ 0.50.

Memecoin

Memecoin will be the above cryptocurrency to view due to recent performance and upcoming unlocking. Memecoin will unlock tokens worth over $ 7.57 million, which is equivalent to 7.96% of total circulation. Unlocking tokens often leads to a lower price because it dilutes existing owners.

Set the Memecoin price to go well in the last few days as this month jumped with 0.001388 dollars to High $ 0.002794. This jump happened after forming a large sample of falling wedges, a popular Bikovski sign. Memecoin also jumped above the 50-day average movement.

Therefore, while Ustkend can continue, there is a risk that the coin will fall in front of the token unlock and may have hit movement in a 50-period of $ 0.0018.

PI Network

Pi Network will also be in the center of attention, because its effect still does not disappoint. The token was traded from $ 0.60 on Sunday, much lower than all the time of $ 3.

The key reason for the advocacy is a constant increase in network supply. Data showing that over 1.58 billion tokens will come online over the next 12 months. The average monthly unlock is 131 million, evaluated at over $ 82 million.

Also, there are concerns about the concentration of PI funds. Developers noted To assign 65 billion tokens to community members, while 10 billion reserved for the foundations, and 20 billion is awarded to the basic team. The basic team and foundations can be seen as a single entity, raising concerns about concentration.