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With the official launch of the Mainnet, the six-year journey of Pi Network is coming to an end.
Pi opened at 2.2 US dollars in the afternoon, and is now running at 1.4 US dollars! The circulating Market Cap is 2.1 billion US dollars, with a total Market Cap of 140 billion US dollars! Beware of speculation! The total supply of Pi is 100 billion, and currently over 6 billion have truly gone through KYC and onto the mainchain (real Pi), with over 4.5 billion in Lock-up Position, and over 1 billion in Circulating Supply.
If you are considering getting into PI, you need to know that Pi has ambitious goals, which are quite attractive. The project aims to integrate social, development tools, and real-world applications. Currently, its ecosystem already has over 80 applications made by the community, such as Map of Pi and 1pi Mall. If PI can establish a Decentralization network that has a global impact and a large user base, it is likely to stand out in the Cryptocurrency market and become a strong competitor. Pi coin is now at a crucial moment. Whether it will continue to rise or decline due to its own problems, only time and market development will tell.
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Bitcoin white plate along 96500 all the way to explore, the comparison pulled up to above 97000, Ethereum also followed the pace of the big cake, after stabilizing at 2700, it continued to rise, with the highest price reaching around 2758. In the afternoon, although the big cake did not fluctuate much, it is important to pay attention to the announcement of the unemployment benefit numbers at 9:30 in the evening, which is likely to affect the trend of the comparison. Currently, the price is around 97100.
Currently, the volatility is gradually shrinking, and the market lacks liquidity and trading sentiment is not high. Looking at the four-hour chart, the upper band of the Bollinger band forms strong resistance, and several attempts to explore have not been able to stand firmly. However, the bulls still maintain volume without shrinking. Now, it only needs time to exchange for space, build a double bottom support grid in the short term, and form a oscillating upward trend. However, the overall market is defined as an oscillating trend, with intense long and short battles, and coexistence. On the four-hour chart, the structure relies on the lower band to start oscillating rebound correction. Although there is a rebound in the short term, it has not been able to pull up strongly, and the retracement has also slowed down. The structure reveals a clear tendency of oscillating strength. However, there are still doubts about the sustainability of this trend, which makes the momentum of one side seem inadequate. Therefore, it is advisable to focus on short-term trading in the evening, continue to maintain a long position, and mainly buy on dips. Adjustments can be made if the position is broken before the close, and remain flexible.
#IP & BERA Price Bounce Up