Pi Network: Poised for a Bullish Breakout?
pi Network’s price stayed steady this week, despite Bitcoin and other altcoins soaring. Pi coin (PI) was at $0.4900 on July 11, slightly above its recent low of $0.4530. However, signs suggest a potential price surge.
One factor is the slowing token unlock schedule. Fewer coins will enter the market in the coming months. In July, 175 million Pi Coins will unlock. This number drops too 137 million in August, 116 million in September, and 93 million in October. This reduced supply could boost its value.
Another positive is the ongoing crypto bull run.Bitcoin hit a new high, and Pi Coin could follow. If Bitcoin reaches its target of $150,000, Pi Coin might benefit. The token unlock will slow down, easing selling pressure. This could lead to a price increase.
Developers launched the Pi AI Studio, a platform for creating AI apps. Over 12,000 app submissions show strong developer interest. Accomplished apps could drive demand. the Pi Network Ventures fund, worth $100 million, supports promising projects. This could attract more users and investors.
Exchange listings are also a possibility. Major platforms like Upbit, Binance, and Coinbase might list Pi Coin. Such listings often cause price spikes. The Pi ad Network, .pi Domains, and Pi Wallet support the ecosystem. These tools help build a robust network. The Pi AI Studio is a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a
