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Pi Coin Price Drops 16%: What to Expect in May?

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by Giorgi Kostiuk

a month ago


Recent weeks in the crypto world show differing trends among financial assets. Pi Coin has declined in price, while Cardano shows stability.

Pi Coin Price Drop

In April, Pi Coin's price fell 16% from its earlier highs in February. The release of over 188 million coins raised dilution concerns, and the lack of major exchange listings contributed to the downturn. Nonetheless, speculation about a possible HTX listing is growing, which could boost price sentiment.

Cardano Support and Resistance Zone

Cardano (ADA) price hovers just below $0.70, maintaining a solid base above key support levels. Current price testing resistance near $0.72 suggests potential positive movement ahead. A series of higher lows and tightening Bollinger Bands indicate potential volatility spikes.

BlockDAG Launches Podcast and Community Engagement

BlockDAG has initiated a podcast aiming at connecting with its base of over 170,000 holders. The discussions include plans and strategies that are drawing increased interest towards their ongoing token presale.

While Cardano holds its ground and exhibits potential for growth, Pi Coin continues facing challenges. On the other hand, BlockDAG is actively engaging its community, which may influence its future success.

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