Pi Network’s recent price drop has sparked concerns among its pioneers, but could this downturn actually be a strategic entry point for long-term investors? With a 170% rebound from its initial low and potential catalysts on the horizon, the project may be poised for a turnaround. Hereโs what you need to know.
- Pi Network's 170% rebound from its initial low signals potential for a market turnaround, with technical patterns like a falling wedge and bullish pennant hinting at further gains.
- Major exchanges like Gate.io and OKX are showing strong trading activity for Pi, suggesting growing visibility and the possibility of full CEX listings post-mainnet launch.
- The Pi Foundation may burn unclaimed tokens from inactive users, addressing supply concerns and potentially restoring scarcity-driven momentum in the market.
๐ Related coverage from: crypto-news-flash.com
