Bybit News: Pi Network’s Mainnet Launch and Hedera’s Price Movement

Stay updated with the latest happenings in the cryptocurrency world with Bybit News. This edition covers the successful mainnet launch of Pi Network and the recent price movements of Hedera (HBAR).

Pi Network News Today: March 30th

Pi Network is a popular cryptocurrency project causing controversy and discussions. Despite some negative expectations, the team launched their mainnet successfully and the token is now in the top 100 coins by market capitalization. However, skepticism remains. Recent developments and commentary by industry participants regarding Pi Network are examined.

Hedera (HBAR) Price Prediction for March 30

In the past 24 hours, the price of Hedera (HBAR) has been facing increasing bearish momentum as it consolidates within strong support zones. HBAR recorded a drop of 0.75%, reaching a low of $0.1671. Moreover, the trading volume for Hedera has dropped by 17.62% over the same period, totaling around $172 million. Looking at a longer timeline, Hedera’s price dropped below $0.39 on December 3 and has been decreasing since then. On February 3, the price of HBAR crashed heavily as it dropped below $0.2. Additionally, the hack in Bybit pushed the price below $0.2. In the last 24 hours, Hedera’s market capitalization has dropped by 0.5% to $7.15 billion. Hbar is experiencing a downward trend as its price stabilizes in strong support areas, with sellers working hard to keep the price down.