The Pi coin has returned to trending news recently, but this time not for its high user group. The Pi coin price has seen a sharp drop over the last few months as top whales’ wallets dump the coin. Also, with a decline of more than 85% so far, the top Pi coin price prediction now suggests the coin could be heading towards falling below $0.1. However, the dip is now opening up a narrative that could see more whales dump the Pi coin for new options.
Here is a quick look at the price formation to understand why the Pi coin price prediction suggests a further dip, with the 85% drop.
What To Understand In The Pi Coin Price Prediction
One of the primary factors to understand with the trending Pi coin price prediction is the effect of timing on market sentiment. The Pi coin gained widespread popularity over the last 3 to 5 years, following its new approach to crypto mining.
However, the hype build-up saw a reversal when the launch was delayed. This saw many investors and miners losing interest, leaving many not completing the KYC till today. As a result, many were ready to dump the coin when it was finally launched this year.
The Pi coin launch saw its price jump up with activated inflow, reaching as high as $3. The spike was followed by a prolonged moment of reversal, leaving the coin now at $0.36. Whereas, with the coin losing market hype, recent Pi coin price prediction shows the dip could continue for a couple of months.
According to the projection, the price could see further decline to as low as $0.1 before the end of the year.
Why Remittix Could Maintain Its Surge After Launch
All eyes now trail the Remittix price as it continues to make new highs every week for the last few months. However, with the price surging higher every day, questions about the possibility of maintaining the highs after launch have become the top concern.
Whereas, the Remittix token utility and high support from the crypto community is a factor experts believe could keep its price pumping higher.
Remittix is a PayFi solution that introduces new approaches to payment using a crypto asset as a primary exchange for fiat currencies. Beyond its conversion capabilities, the Remittix project also supports:
- Instant payout to bank accounts in over 30 fiat currencies directly into bank accounts across the world
- Support for more than 50 crypto pairs that give flexibility and accessibility
- Business support with the provision of an API that can be easily integrated for accepting crypto payments in fiat currencies
The Remittix project is already showing its potential as the next-gen solution to global payment and is fast gaining support with over $25 million in inflow. Expert outlook further suggests this new payment solution could capture a portion of the payment market. This could see the price spiking over 100x in the coming months.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
