Let's take a look at the latest developments in the crypto world, including updates on Pi Network, Ripple (XRP), and Dogecoin price changes.
Another Deadline Extension
Pi Network once again sparked frustration among its users by extending the deadline for completing KYC checks and migrating to the mainnet until February 28, 2025. Despite its launch in 2019, the project has yet to unveil its open mainnet and native token. The team maintains that key milestones such as successful KYC verification and mainnet migration are essential. Some users express skepticism about the project's success, describing it as fraudulent.
XRP Forecasts
Ripple's token (XRP) experienced a significant price drop at the start of the week. After a recent bull run spurred by the lifting of some tariffs between the U.S. and other countries, its price is falling again. Although February saw its valuation drop below $2, some analysts see this as a perfect 'buy the dip' opportunity.
DOGE Price Outlook
The meme token Dogecoin (DOGE) also suffered a substantial drop, sinking to $0.21, a 22% decrease over the week. Analysts note large-scale sales of the token by whales, which could increase downward pressure on the price and lead to further declines.
Continuous changes and instability in the crypto market continue to affect projects and assets like Pi Network, Ripple, and Dogecoin. Careful market observation and expert forecasts can help investors make more informed decisions.
