#piwt token

[aykizcrypto]

Pi Coin (PI) Nears Breakout — Bulls Eye Major Upside Move

Pi Coin (PI) is approaching a significant breakout, with technical indicators pointing to an imminent price surge. As the asset consolidates within a symmetrical triangle, bullish momentum continues to build, signaling potential gains for traders.

With PiWallet’s upcoming token launch in March and its beta release in April, the Pi wNetwork ecosystem is set to expand further, strengthening its DeFi and Web3 capabilities.

PI Technical Analysis — Symmetrical Triangle Breakout Ahead?

Key Takeaways:

✅ Breakout Nearing: Pi Coin consolidates within a symmetrical triangle, approaching the apex. ✅ Bullish Wave Structure: Elliott Wave analysis suggests an imminent upward continuation. ✅ Fibonacci Targets: Key resistance levels indicate potential for an extended rally.

Pi Coin’s 1-hour and 15-minute charts indicate the formation of a bullish impulse wave, signaling potential upside. RSI levels remain neutral, suggesting neither overbought nor oversold conditions, while Fibonacci extensions highlight key price targets.

📈 PI Price Analysis

Pi Coin’s symmetrical triangle pattern follows an extended impulsive wave, which suggests that the asset is preparing for the next leg up in its cycle.

🔹 Support Levels: Holding above $1.46 remains crucial for maintaining bullish momentum. 🔹 Resistance Levels: PI must break $1.64 first before targeting $1.79 — $1.87. 🔹 Breakout Probability: Strong buying pressure and PiWallet’s upcoming ecosystem expansion could support sustained bullish movement.

PIUSD

PiWallet Expansion & PiWT Token Launch

PiWallet, the first Web3 wallet on Pi Blockchain, is set to launch its beta version in April, introducing key features like:

✨ Portfolio Management ✨ DApps Browser ✨ Swap DEX ✨ DeFi Staking & Yield Farming

Additionally, PiWallet’s native token, PiWT, is launching in March on BSC before migrating to the Pi Network. This token will power staking, rewards, and liquidity within the PiWallet ecosystem, enhancing Pi Network’s growing DeFi infrastructure.

Final Thoughts — What’s Next for PI?

✅ Technical indicators favor a breakout above $1.64. ✅ Upcoming PiWallet and PiWT token launches add fundamental support. ✅ Holding above $1.50 is critical for sustained bullish momentum.

With Pi Coin nearing a breakout and PiWallet expanding its ecosystem, the next few weeks will be pivotal in shaping the future of Pi Network’s DeFi landscape.

📢 Stay tuned for updates on Pi Coin’s price action and PiWallet’s launch! 🚀

[aykizcrypto]

Pi Coin Price Prediction For Short Terms And The Role of PiWallet

Pi Coin made its highly anticipated debut on major exchanges on February 20, 2025. However, following the initial excitement, the price saw a sharp decline, falling by 65%. As of now, Pi Coin is trading at $0.75, with a 7% drop in the last 24 hours. Despite selling pressure and market uncertainty, analysts, including Kim Wong, remain optimistic about its future.

Initial Trading Activity and Price Movements

Upon launch, Pi Coin traded at $2, reaching a high of $2.20 before dipping to $0.09. Since then, price volatility has continued, with Pi Coin fluctuating between $0.60 and $0.80. Wong believes that if Pi Coin breaks above $0.80, it could quickly climb to $1, and potentially $2, fueled by news of a Binance listing or advancements in Pi’s ecosystem.

Market Misunderstandings and Investor Reactions

Some early investors have expressed concerns over Pi Coin’s perceived low price. However, confusion over its circulating supply may be a key factor. While exchanges list Pi’s supply at 6.35 billion, the actual unlocked supply is only 554 million coins. Analysts suggest that once this distinction becomes widely understood, Pi Coin’s price could see a tenfold increase.

Pi Coin, PiWallet, and Crypto Market Comparison

In addition to Pi Coin’s evolution, the PiWallet (PiWT) project is gaining traction, offering a secure and user-friendly platform for Pi transactions. PiWallet enhances the network’s usability, allowing seamless storage and transfer of Pi Coin and its native PiWallet Coin (PiWT).

Even at $0.72, Pi Coin’s valuation remains competitive. Comparatively, other projects with similar circulating supplies, such as Supra, are trading at much lower prices (e.g., $0.012). Typically, cryptocurrencies with similar supplies debut at higher valuations, making Pi Coin’s current price relatively strong when considering market trends and ongoing ecosystem development.

With Pi Coin’s open trading and the rise of projects like PiWallet, the network’s expansion could drive long-term value, making Pi an asset to watch in the evolving crypto space.

[aykizcrypto]

Pi Network Finally Goes Live for External Trading – What’s Next?

After years of anticipation, the Pi Network has officially opened its doors to external trading, marking a significant milestone in its development. On February 20, 2025, at 8 AM UTC, the network transitioned from its “Enclosed Mainnet” phase — initiated in December 2021 — to a fully open Mainnet, enabling users to trade Pi coins on major cryptocurrency exchanges.

While this moment was met with enthusiasm, it also triggered a rollercoaster of price fluctuations as early excitement quickly gave way to sell-offs.

Despite these market jitters, interest in the Pi Network remains strong. Designed as a mobile-friendly cryptocurrency, Pi allows users to mine coins directly from their smartphones, eliminating the need for energy-intensive mining rigs. Moreover, this upgrade now facilitates transactions beyond the Pi ecosystem, opening doors for greater adoption and exchange listings. Let’s delve into the impact of this launch and what it means for Pi coin holders and investors moving forward.

The Mainnet Launch and Market Reaction

Pi coin debuted at a price of $1.45 and surged by more than 35% within the first hour of trading, peaking at $2.10. This impressive rally reflected the excitement surrounding the launch, with trading volumes skyrocketing by an astonishing 1,700%. However, the initial surge was short-lived. Within hours, Pi coin tumbled to a low of $1.01, dragging its market capitalization down to $7.02 billion.

Although the speculative hype led to an over estimation of the coin’s value, Pi enthusiasts remain hopeful that upcoming developments — such as the introduction of decentralized applications (Dapps) — could drive future rallies.

The availability of Pi on centralized exchanges (CEXs) has played a major role in its initial success, with platforms like Bitget, BitMart, Gate.io, MEXC, Bybit, HTX, and OKX already listing the token. However, Binance, the world’s largest crypto exchange, has taken a more cautious approach. Instead of an immediate listing, Binance launched a community poll allowing users to vote on whether Pi should be added to the platform. The poll closes on February 27, 2025, and its outcome could significantly influence Pi’s price trajectory.

What Does the Open Mainnet Mean for Pi Users?

For the Pi Network’s community — known as “Pioneers” — the transition to an open Mainnet introduces several key changes:

KYC Verification Requirement: To participate fully in trading and transactions, Pioneers must complete Know Your Customer (KYC) verification. This measure ensures compliance and security across the network.

External Transfers: Pioneers can now move their Pi coins to external wallets, facilitating real-world transactions and enabling integration with other blockchain platforms.

Exchange Listings: The open Mainnet allows for official exchange listings, increasing Pi coin’s liquidity and trading opportunities.

Dapp Development: With the open Mainnet, developers can now deploy decentralized applications (Dapps) on the Pi blockchain, expanding its use cases and functionality.

These changes significantly enhance the utility and accessibility of Pi coins, making them more than just a speculative asset.

Challenges and Concerns

While the launch of the open Mainnet is a major achievement, challenges remain. One key concern is the rapid increase in Pi coin circulation, which has nearly doubled in the past year, reaching 9.7 billion out of its 100 billion maximum supply. This inflationary pressure could impact long-term price stability.

Additionally, many early adopters have chosen to cash out, leading to the recent price decline. Since Pi mining has been free for users since 2019, millions of Pioneers have accumulated large holdings without investing any capital. Now that trading is possible, many are seizing the opportunity to sell their coins for profit, contributing to market volatility.

What’s Next for Pi Coin?

Despite the recent price swings, analysts remain optimistic about Pi coin’s future. A potential Binance listing could be a game-changer, significantly boosting credibility and liquidity. However, the true strength of Pi Network lies in its broader vision. More than just a cryptocurrency, Pi is building an ecosystem with over 80 community-developed applications, aiming for real-world adoption.

As the network continues to evolve, the coming months will be crucial in determining whether Pi coin solidifies its position as a key player in the crypto space. For now, the community watches closely, anticipating the next phase in the Pi Network’s journey.

We will also see new Web3 projects building on Pi Network just like the new PiWallet and its coin PiWT token, and more to come. Stay tuned.