BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Pi Network (PI) Demonstrates Early Bullish Signals Following Node Upgrade
Pi Network (PI) Demonstrates Early Bullish Signals Following Node Upgrade
13
2
[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network (PI) is showing signs of recovery with three consecutive days of gains after last week's 12% decline. This upward movement aligns with the launch of Pi Node version 0.5.3, which aims to simplify node initialization—a key factor in enhancing decentralization for this proof-of-work blockchain.
Technical analysis indicates the formation of an Adam and Eve pattern, with PI testing the $0.4734 resistance-turned-support level. A strong breakout could push the token toward the psychologically important $0.50 mark. Network data reveals 99 active nodes, mostly concentrated in South Korea, underscoring persistent centralization issues despite the recent upgrade.
By:
Previous
Snoop Dogg’s TON-Powered Weed NFTs Sell Out in 30 Minutes, Raking in $12M on Telegram
Next
Korean Summit Aims to Bridge TradFi and Web3 Sectors
