As the Mainnet launch of Pi Network approaches, concerns about possible sell-offs are rising. Meanwhile, BlockDAG shows promising developments and offers new opportunities for its users.
Pi Network on the Brink of a Sell-Off
The price outlook for Pi Network is once again filled with uncertainty. Recent testnet updates and rumors about the Mainnet launch are causing anxiety among long-time supporters. Some are concerned that once they gain access to their coins, users will rush to sell.
New analysis suggests that a portion of these early miners might quickly offload to secure profits, which is applying downward pressure on Pi’s expected price. Speculative discussions about its value are losing momentum as traders adopt a more cautious stance.
Uncertainty Surrounding SUI
SUI attempted to bounce back after dipping to $2.29, marking early signs of recovery with higher highs and higher lows. It briefly climbed to $2.92 and crossed its 21-day moving average. However, it could not break through this resistance, indicating hesitation among buyers.
If it manages to push above the 50-day mark and closes strong, the next target could be around $3.56. Conversely, if it slips below the 21-day mark again, SUI may remain trapped between $2.29 and $2.92.
Trust in BlockDAG and Its Beat Vesting Pass
BlockDAG is giving its holders more control right from the start with its Beat Vesting Pass, which allows users to unlock 80% of their coins at launch. This early access means users do not have to endure long lock-up periods like many other projects.
The robust numbers behind BlockDAG support this approach. It has raised over $338 million and sold 23.8 billion coins. By implementing such measures, BlockDAG aims to build user trust and empower them with control over their assets.
When comparing Pi Network, SUI, and BlockDAG, notable differences arise. Pi faces the risk of a sell-off, SUI is navigating uncertainty, while BlockDAG offers innovation and genuine confidence to its users.
