Recent developments in the cryptocurrency world raise questions about the future of Pi Network, while investors turn their attention to new promising projects like Angry Pepe Fork.
Factors Contributing to Pi Network's Decline
With the increase in Pi token supply in the market, selling pressure has also risen. Analysts noted that on July 4th, an estimated 268 million tokens are set to unlock, which is the largest amount since the network's launch. This could significantly impact the demand-supply ratio, predicting further price drops. Recent data shows Pi's price has fallen by 23% in the last week, with risks of dropping to $0.40 if current support fails.
Advantages of Angry Pepe Fork
Angry Pepe Fork offers an alternative with a high APY, providing a return of 10,000% for staking participants. This project is not only aligned with meme culture but also presents real financial mechanisms that attract investors with various portfolio sizes.
Comparison of Staking in Pi Network and Angry Pepe Fork
While Pi Network offers staking options, it lacks real rewards, causing dissatisfaction among its users. In contrast, Angry Pepe Fork offers attractive staking conditions, including a 10,000% APY and no complex contracts. This makes it a more favorable choice for serious investors looking for active profits.
The situation surrounding Pi Network raises concerns among investors while Angry Pepe Fork appears as an appealing alternative for those seeking high yield and stability in a volatile cryptocurrency market.
