Top 3 Reasons Pi Network Price May Surge as Whale Buying Spree Continues
The post Top 3 Reasons Pi Network Price May Surge as Whale Buying Spree Continues appeared on BitcoinEthereumNews.com. Pi Network price continues to fall today, August 15, as demand thins and unlocks continue. However, one anonymous whale investor has continued to accumulate the token, pointing to an eventual surge. Here are the top three reasons why the Pi crypto value may surge soon. Pi Network Price May Surge Amid Whale Buying A common recommendation in finance is to buy assets when most investors are fearful. One investor is using this quote to accumulate Pi Network tokens, a sign that he sees it as cheap. He also sees the ongoing fear as being highly unwarranted. Data shows that the investor has bought 350 million Pi coins in the past few months such that he has become the sixth-biggest holder. At the current Pi Network price of $0.3830, his holdings are valued at over $134 million. The whale has not commented on his buying spree. However, one can assume that he believes in Pi’s vision of building a popular cryptocurrency that will match Bitcoin’s popularity. He also likely believes that Pi can become a major player in the artificial intelligence space through the recently launched Pi AI Studio product. Potential Pi Coin Exchange Listings The other possible reason why the Pi Network price may surge is that it may be listed by one or more tier-1 crypto exchanges. Today, Pi is only available in a handful of exchanges, with OKX being the only tier-1 company that has listed it. The other exchanges where Pi tokens can be traded are Gate, BitMart, and MEXC. Notably, no new exchange has added it since its mainnet launch in February this year. Therefore, the Pi coin price would explode higher if it is listed by top companies like Upbit and Binance. There are a few reasons why these exchanges are yet to list it…
The post Top 3 Reasons Pi Network Price May Surge as Whale Buying Spree Continues appeared on BitcoinEthereumNews.com.
Pi Network price continues to fall today, August 15, as demand thins and unlocks continue. However, one anonymous whale investor has continued to accumulate the token, pointing to an eventual surge. Here are the top three reasons why the Pi crypto value may surge soon. Pi Network Price May Surge Amid Whale Buying A common recommendation in finance is to buy assets when most investors are fearful. One investor is using this quote to accumulate Pi Network tokens, a sign that he sees it as cheap. He also sees the ongoing fear as being highly unwarranted. Data shows that the investor has bought 350 million Pi coins in the past few months such that he has become the sixth-biggest holder. At the current Pi Network price of $0.3830, his holdings are valued at over $134 million. The whale has not commented on his buying spree. However, one can assume that he believes in Pi’s vision of building a popular cryptocurrency that will match Bitcoin’s popularity. He also likely believes that Pi can become a major player in the artificial intelligence space through the recently launched Pi AI Studio product. Potential Pi Coin Exchange Listings The other possible reason why the Pi Network price may surge is that it may be listed by one or more tier-1 crypto exchanges. Today, Pi is only available in a handful of exchanges, with OKX being the only tier-1 company that has listed it. The other exchanges where Pi tokens can be traded are Gate, BitMart, and MEXC. Notably, no new exchange has added it since its mainnet launch in February this year. Therefore, the Pi coin price would explode higher if it is listed by top companies like Upbit and Binance. There are a few reasons why these exchanges are yet to list it…
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