Cryptocurrencies continue to generate interest in the financial world, and Pi Network is no exception. Its recent listing on MEXC has heightened interest in the coin, though its price remains uncertain.
Current State of Pi Network Price
Currently, the price of Pi Network hovers around $0.64. Despite recent changes, the coin has not managed to breach the resistance level at $1, complicating efforts to attract new investors.
Analyst Predictions
Analyst Dr. Altcoin believes that the price of Pi may continue to drop until the end of August. He emphasizes that the lack of transparency from the team behind the project is one of the main issues holding back growth.
Future Plans of Pi Network
Alongside its current challenges, Pi Network has launched a $100 million venture fund aimed at supporting startups in the fields of AI, gaming, fintech, and e-commerce, which could potentially lead to future price increases for the cryptocurrency.
Pi Network is in a difficult position with fluctuating prices and criticism from analysts. Nonetheless, the project is taking steps towards the future through initiatives to support startups.
