Pi coin price forms bullish setup as exchange supply drops, will it breakout?
PositiveCryptocurrency
- Pi coin has experienced a notable price increase, with an 18% rise to $0.26, attributed to a sharp decline in the supply of tokens on centralized exchanges. This development suggests a bullish sentiment among investors.
- The decrease in exchange supply may indicate growing demand for Pi coin, positioning it favorably for future trading opportunities and potential price appreciation.
- The broader implications of this trend include Pi Network's ongoing efforts to enhance its decentralized infrastructure and compliance with regulatory frameworks, which could further bolster investor confidence.
— via World Pulse Now AI Editorial System
