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Pi Network Price Collapses as Analyst Proposes Turnaround Tweaks

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crispus

Markets Writer
Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Experts Says A Pi Network Stablecoin PiUSD Could Be A Game-Changer for the Ecosystem

Highlights

  • Pi Network price has been in a freefall since its mainnet launch in February this year.
  • A crypto pundit has identified some potential solutions to remedy the ongoing crash.
  • Some of these remedies are decentralization, exchange listings, full mainnet launch, and collaboration.
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Pi Network price continues to crash this month and is now trading at a record low. The crash happened despite Bitcoin price hitting a record high and optimism about the Uptober rally remaining. Still, one pundit believes that multiple strategies may help to prevent a Pi Coin death spiral.

Frequently Asked Questions (FAQs)

1. What is the main Pi Network price today?

The most likely scenario is where the value of Pi plunges in the coming months unless the team makes some major changes.

2. What are some of the potential remedies to save the value of Pi?

The value of Pi may benefit if the developers made some changes, including token burns, partnerships, exchange listings, and decentralization.

3. How low can the Pi Coin price crash this year?

Failure to make some major changes means that the Pi Network price will continue falling, potentially to below the support at $0.10.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
crispus
About Author
crispus
Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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