Price Soars by 13% Weekly, What’s Next?

TL; Dr

• PI jumped with double numbers last week, but some analysts remain down. It can add growing exchange reserves and cancel the upcoming lock to millions of symbols of sales pressure.

• Transfi joined FIAT partner on the slope through Onramper, allowing the purchase of the direct PI in the local currency, while a field auction was extended.

What now?

The original encrypted currency of the PI finally managed to spread some big gains. It rose above 0.46 dollars on August 10 before declining to its current value of $ 0.40 (according to COININECKO data), which represents a 13 % increase. On a weekly basis.

Society now seems to be divided into their predictions regarding the possible step for the next PI. X user Friedrich He said He opened a long position, imagining “deviation” that would lead to great gains.

However, the analyst with the title “Pinetworkmembers” was not ascending. they Advise It seems that investors for “sitting and waiting”, claiming that the target is one dollar that society will be “unlikely to happen.”

At the same time, the amount of PI stored in the exchange of encryption Continuing To upgrade. To this writing, more than 407 million symbols Detained On such platforms, with Gate.IO alone represents 194 million. The shift towards the central exchanges may not lead to a collective exit, but it certainly increases the instant sale pressure.

The next cancellation holes may negatively affect the price. The data indicates that approximately 170 million PI will be edited in the next thirty days, Which will allow Investors to cancel the loading of the symbols they were waiting for for a long time. August 16 will be a record day, with 9.8 million coins.

Duases of the last PI network

The PI price pump last week coincides with each other major Developments associated with the project. Just a few days ago, x account news Detected Transfi completed the Kyb process (Learn about your work) like Verification A third party Fiat ON -ROMP a partner.

Integrated with the PI wallet via onrager, the platform allows users to buy and convert distinctive PI icons directly in the local currency using different payment methods. Among the other partners who were identified KYB slope.money And banxa.

Before y to you This, PI network male Users are auctioned fields.

These areas allow the pioneers to allocate their PI wallets with simple titles that are ended in .Pi, which makes payments and reactions easier-such as Ethereum’s .TH or BNB’s.