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Pi Coin (PI) Faces $0.45 Resistance as Whale Activity and AI Hype Collide
Pi Coin (PI) Faces $0.45 Resistance as Whale Activity and AI Hype Collide
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Coin's price remains stagnant around $0.456 despite strong community optimism, with exchange reserves jumping 40% in two months—a clear indicator of whale distribution. The market shows bearish tendencies, evidenced by negative funding rates revealing retail traders' predominant short positions.
Pi Network's recent Pi2Day announcements highlighted artificial intelligence initiatives, including GenAI futures and Pi App Studio integrations. Analysts predict a potential $21-$100 valuation by 2030, assuming Pi captures just 1-5% of the $16 trillion AI market. However, this ambitious outlook faces immediate liquidity challenges with 272 million tokens set to unlock this month.
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