Over the past week, Pi Coin has experienced volatility but also shows signs of recovery and successful partnerships.
Market Condition of Pi Coin
Last week, the price of Pi Coin dropped over 5%, peaking at $0.62 and then continuing to decline. Recent MACD data indicates that changes in this trend may be possible as market capitalization reached $4 billion.
Pi Network's Partnership with BNP Paribas
Pi Network has announced a partnership with BNP Paribas, allowing users to conduct faster and safer payments. This collaboration enhances the platform's accessibility and promotes its widespread adoption.
Analysis and Forecasts for Pi Coin
Analysts point out that Pi Coin faces challenges like weak real-world utility and poor liquidity. However, experts such as Dr Altcoin believe in Pi Network's potential, comparing it to a 'buried treasure' waiting to be discovered.
The overall state of Pi Coin remains uncertain, but signs of recovery, partnerships, and increased market capitalization signal potential opportunities for further development.
