The cryptocurrency market is experiencing changes, with XRP and Pi Token facing difficulties while Unstaked is active amid a successful presale.
XRP Loses Momentum After Peak Values
After a recent rise to $2.22, XRP has slowed down, with a price drop of 3.2% over the last 24 hours. Major issues stem from the ongoing legal battle with the SEC, where Ripple is trying to prove that XRP is not a security. Meanwhile, the company is launching a new stablecoin, RLUSD, pegged to the U.S. dollar.
Pi Token Faces Volatility
Pi Token has shown sharp volatility, dropping more than 55% from its peak of $1.67, now trading at around $0.68. This decline followed the unlocking of 37 million tokens and the cooling of initial hype. However, some analysts believe Pi might stabilize between $0.68 and $0.74 in the short term.
Unstaked: A New Player in the Market
The new project Unstaked is gaining attention due to its successful presale, raising over $9 million with tokens priced at $0.010743. The project aims to create tools for community management using autonomous AI agents, set to launch after the token lists on exchanges. The projected token price could reach $5 by 2028.
In the current scenario, both XRP and Pi Token are facing significant challenges, while Unstaked shows great potential. Investors continue to monitor these projects for possible changes.