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    Home»NFT»Despite Bitcoin’s decline, PI network continues to soar
    NFT

    Despite Bitcoin’s decline, PI network continues to soar

    Comic VibeBy Comic VibeFebruary 27, 2025No Comments4 Mins Read
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    The PI network has soared 79% over the past 24 hours, while Bitcoin and other major cryptocurrencies have collapsed.

    So, the question now becomes: Is PI Network the best cryptocurrency to buy?

    $pi shows powerful power when breaking through

    Take a look at CoinMarketCap today and you will find that PI Network is moving forward as Bitcoin moves to dangerous territory and loses multiple critical support levels.

    This new project allows you to mine cryptocurrencies from your smartphone and has collected 79% in the past 24 hours. But that’s not even the craziest part. Pi Coin is now trading at $2.91, bringing it to a staggering $19.3 billion market capitalization.

    Given that Pi Coin was launched only recently on exchanges, few well-known analysts talk about it, which could be an overestimation. However, the project’s transaction volume was $3.37 billion, indicating that demand is large even in the case of rising prices.

    Going forward, traders are expected to list PI coins on Binance Exchange. Analyst Moon Jeff noted that 192K Binance users voted in a poll to list PI coins on the platform. If this happens, it will open more buyers to Pi Coin, which community members hope will increase its price more.

    $pi It’s coming soon.
    .
    As of yesterday, 192k binary users voted in favor $pi List.
    On the other hand, 29K users voted against their listing.
    So far, 86.6% want #pinetwork About binance.
    .
    You may soon see binance in the Pinetwork kyb list. pic.twitter.com/8quvedpm

    – Moon Jeff 🪐 (@cryptoad00) February 26, 2025

    Is it so good?

    With a market capitalization of $19.3 billion, Pi Coin is now the 11th largest cryptocurrency. However, CoinMarketCap is not shown at No. 11 because it cannot verify the project’s self-reported circular supply so far.

    The question about how cryptocurrencies are becoming so big that most mainstream analysts talk about. Analysts at Fabulous Lonely Kappy show that PI coins are not supplied correctly and many Pi tokens are locked, which is why the price is rising.

    That’s the secret of the universe haha

    I don’t understand the many buying pressures of TBH from DIFF coins.

    I think the provisioning information is incorrect, what they are showing now. There was a time when people could lock their PI coins to 1-3-5-8…

    – Fabulous loneliness kappy💹🧲 (🌐, 🌐) (@pankekkeku) February 26, 2025

    Earlier, Bybit CEO Ben Zhou Warn that the project may be a “scam”, Citing Pi Coin’s report stolen people’s personal data and even pensions.

    Pi Coin has soared since Week’s post, so it has a chance to keep climbing. However, investors must consider the project’s already huge market value and the potential downside risks that should be raised.

    With that in mind, many savvy investors are turning to Pi Coin rival Solaxy. The project not only has a significantly reduced market value, but it is also related to Solana, the world’s most active blockchain.

    Can Solana L2 Solaxy be the next 10x release?

    Solana is the most active ecosystem of cryptocurrencies, with millions of daily active users and billions of dollars in daily transaction volume. But this is not without problems. Since its first release, Solana has solved the congestion problem, resulting in longer wait times and failed transactions during peak activity.

    Solvent Solana’s first layer of blockchain is being built to handle some of its workload and eliminate congestion issues. However, this is not just about taking some of Solana’s transactions and processing them at the same speed – Solaxy will be cheaper, faster, and more reliable thanks to its transaction bundling technology.

    $solx tokens play an important role in the ecosystem to pay transaction fees and promote swaps and equity in liquidity pools.

    This is the first time a project is dedicated to overhauling the scalability of Solana, so investors cannot get enough capabilities.

    The project is available for purchase through a pre-sale, which has raised $23.7 million to date. After the pre-sale is over, $solx will be listed on the exchange, which is when analysts such as Austin Hilton expect to explode.

    https://www.youtube.com/watch?v=ib_y7bxpx9m

    Currently, investors can buy $SOLX at Presale for $0.001648.

    However, this price will rise throughout the ICO and the next price will rise in less than two days.

    Visit Solaxy Presale

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