Pi Network Price Collapses as Analyst Proposes Turnaround Tweaks
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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.
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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