Essential survival guide for anyone with Pi (派) coins! Whether Pi Network goes on exchanges, you need to pay attention to these risks in advance!
Recently, the news about Pi coin soon launching on the mainnet has stirred up a huge wave in the crypto community. As soon as this news broke, many investors were excited, as if they saw the dawn of financial freedom, believing they were about to unlock the secret to overnight wealth. However, I must remind everyone that the risks involved are far greater than you can imagine! Wen Zhang shared from the official account: Want to eat soft rice hard. Trap One: You worked hard for several years, accumulated a few thousand Pi coins, and now you are eager to exchange some for money. You found someone online who offered a high price, thinking of buying the coins, but after transferring, the other party disappeared.
389 million SHIB tokens destroyed, Shiba Inu price expected to break through, details as follows
On Saturday, the price of Shiba Inu attracted widespread attention from investors, soaring 6% against the backdrop of a recovery in the cryptocurrency market. Interestingly, according to recent destruction metrics, the price of Shiba Inu surged in February alongside the destruction of up to 389 million SHIB tokens. Therefore, market observers expect this meme token to break out soon, and analysts have made the same prediction. With a massive destruction of 389 million, the outlook for Shiba Inu's price is bullish. As of the time of writing, the price of Shiba Inu has risen nearly 6%, trading at $0.00001393. In the past 24 hours, the leading meme token bottomed out and rose to $0.00001301 and $0.00001412. While this bullish action aligns with the recent recovery trend in the broader cryptocurrency market, it is worth considering the large-scale token destruction.
Binance CZ (Zhao Changpeng) calls for deleveraging!
Recently, Bitcoin has fallen below 80,000, and investors have seen a Bitcoin starting with 7 after a 3-month interval. Meanwhile, the cryptocurrency fear and greed index reached 10 (extreme fear) yesterday, and the state of extreme fear in market sentiment has lasted for 4 days. In less than a week, Bitcoin has dropped from 96,000 to around 78,000, a decline of 28% from its historical peak. Ethereum has also sustained a decline close to 25% for 4 days last week.
Not only has the cryptocurrency market declined, but global stock markets have also generally fallen recently. The core reason for this decline is Trump's further imposition of tariffs, leading to a more pessimistic macroeconomic outlook. As investors' psychological defenses are breached, the crypto market has also experienced a sustained decline.
Pi Coin Price Prediction: Could it Reach $10 After Listing on Binance?
Pi Network has recently caused a huge sensation in the cryptocurrency market, with its market capitalization breaking historical peaks, reaching an astonishing $15 billion. The price of Pi coin has skyrocketed, surpassing Bitcoin and leaving other altcoins far behind, which has excited community members. However, at the time of writing this article, the price of Pi coin has seen a slight pullback, dropping over 2%, with a trading price tentatively set at $2.32. Wen Zhang reposted from the official account: Want to eat soft rice hard? The market generally speculates that Pi Network is about to land on the globally renowned cryptocurrency exchange Binance, and this news has greatly boosted market sentiment. Binance recently launched a community vote on Twitter, seeking user opinions on the listing of Pi Network. The voting results showed that as many as 86% of users expressed strong support, and investors and fans are eagerly awaiting the official launch of Pi Network on Binance. According to market observations, once Pi Network successfully lands on Binance, its price is expected to welcome a new round of soaring, with some analysts even predicting that the increase could reach two or even three times, as past experiences show that new tokens listed on Binance often achieve price leaps with the platform's strong market influence.
The cryptocurrency industry has witnessed the emergence and disappearance of various currencies. After a full six years, Pi Network has finally launched its own cryptocurrency. PI made headlines when it entered the market. Despite a sharp drop at launch, the asset's price subsequently rose, reaching an all-time high of $2.98 on February 27. The real question is whether altcoins will continue to maintain this momentum and record gains in the coming month.
Current market overview of PI, sourced from Wen Zhang via public account: Want to take advantage of a free ride. PI's opening price was $0.6152 and successfully rose to around $3 within a week of its launch. In the past seven days, the altcoin surged nearly 200%. At the time of writing, Pi Network has become a victim of the overall market downturn, trading at $1.99. In the past 24 hours, the asset has dropped by 25%.
After 23 years, the boundary between 'bull' and 'bear' has become increasingly blurred, and the 'cyclical feeling' of four years is not as strong as before. On the contrary, the concept of 'bull and bear' has become a shackle that constrains thinking, with 'bull markets' blindly held and 'bear markets' overly panicked.
Even for the 'bear market' before October 2023, or the significant drop in August 2024, the market has provided good trading opportunities for traders.
Additionally, in March and December of 2024, there was excessive faith in 'bull markets', leading to missed optimal withdrawal times. This is my self-reflection.
In situations like today, the debate over whether it's a bull or bear market is actually of little significance. For traders, all we need to know is: is there a market that allows us to operate, can we make money, and can we understand the current market trends?
Moreover, there are now too many currencies and many narratives. The end of one narrative cycle is quickly followed by the start of another. The market often experiences extremes. Defining the current market using 'bull' and 'bear' is akin to children labeling people as 'good' or 'bad'. This leads to an overly simplistic understanding of the market.
Dogecoin whales are hoarding in large quantities, will the price of Dogecoin surge by $0.50 in March?
The cryptocurrency market is currently experiencing a major shift in price. No coin has been spared by the recent carnage. The memecoin market is one of the worst affected. Dogecoin (DOGE) has been struggling throughout February. The asset started the month with a high of $0.3407 but quickly plummeted to a low of $0.1819. This represents a drop of 43%. While some people panicked over this drop, whales were quick to hoard memecoins. Can whales add momentum to the price of Dogecoin?
PI Network to list on Binance this week: Here are the odds
As speculation about Binance listing heats up, Pi Network investors are closely monitoring developments. Recently, the exchange's community vote showed overwhelming support for the listing of Pi Coin, further fueling optimism. Despite a 20% drop in Pi Coin's price amid a generally sluggish cryptocurrency market, enthusiasts remain optimistic about its long-term growth. Will the listing on Binance happen this week? Pi Network received strong support in the Binance voting. Binance recently conducted a community vote to decide whether to list Pi on its platform. The voting window lasted from February 17 to February 27, allowing users to express their stance on the matter. The leading exchange engaged with the crypto community through the following statement:
Pi Coin Prediction: Analysts say the price will soon rise by 50-100%
Article reprinted from WeChat public account: Wanting to have an easy life while working hard.
Pi Coin has dropped significantly, with a decline of over 20%, currently trading at $2.40. Despite the general market downturn, with Bitcoin falling below $85,000, this cryptocurrency reached a high of $2.97 during a significant rally. As Pi Coin recovers from the initial sell-off, predictions and targets are soaring, with speculation that its price could reach $3 or even $4 in the future. What factors influence the price of Pi? Despite recent losses, analysts and investors are still focused on potential events that could drive up the price of Pi Coin in the near future. Analyst Kim Wong revealed details on social media, listing key events that could lead to a surge in Pi's price:
DOGE whales scoop up 530 million Dogecoins, price expected to rebound to $0.30
DOGE whales have accumulated over 530 million Dogecoins (DOGE) in the past 72 hours. The surge in whale holdings coincided with the decline in Dogecoin prices, indicating strategic buying at lower levels. Analysts believe that this accumulation may reflect confidence in the long-term potential of the asset, and if demand continues, it could push the price of Dogecoin up to $0.30. Article reprinted from WeChat public account: Want to have a soft meal and eat hard
DOGE whales accumulate 530 million tokens, will the price of Dogecoin reach $0.30? According to a recent article on X, cryptocurrency analyst Ali Martinez reported that large investors have been actively accumulating Dogecoin over the past three days. On-chain data from analysis platform Santiment indicates that during this period, Dogecoin whales have purchased 530 million tokens. This accumulation trend suggests that institutions and high-net-worth investors are taking advantage of the decline in Dogecoin prices to strengthen their positions.
The market is bleak, has Dogecoin been abandoned? Can DOGE still rise to $1?
In the past week, the overall performance of the cryptocurrency market has been poor, and the meme coin market has also been affected. During this period, Dogecoin (DOGE) experienced a significant drop, leaving investors facing losses. However, signs of recovery began to appear in the Dogecoin market mid-week, bringing new hope to the community and encouraging investors to make more proactive investments in March. In-depth exploration of OG Meme cryptocurrency. Article sourced from the public account: Want to eat soft rice hard.
In the past 24 hours, Dogecoin has seen an increase of 2.27%, bringing a glimmer of optimism to the market. Currently, the trading price of this meme coin is stable at $0.2111. Despite a nearly 17% decline in Dogecoin's price over the past week and a monthly loss of up to 33%, the daily chart still shows potential bullish signals, suggesting that Dogecoin may challenge the target price of $1 in the future.
Binance's Zhao Changpeng predicts Bitcoin price again! This time to $1 million?
BTC continues to decline, and $1 billion flowed out of ETFs yesterday. Altcoins are rising but not following the decline; the market focus is on strong large-cap coins. US stocks are volatile, and the US imposes a 25% tariff on the EU. Article shared from the public account: Want to enjoy the benefits without hard work.
Binance boss Zhao Changpeng may hint at a sky-high Bitcoin price prediction.
The founder of Binance, Zhao Changpeng, known as CZ, has recently made some 'small moves' on social media, making people feel like he might be revealing his mysterious price prediction for Bitcoin in the future. CZ pulled up a post he made in 2020, where he said that newspapers might report Bitcoin's price 'plummeting' from over $100,000 to $85,000.
Here are some of the coins I selected for your reference This is a rare panic market in recent years. Buy when you should, otherwise how can you get your money back in the second half of the year.
BTC ETH SOL LTC ENS AVAX Metis rune pnut act sats can all be deployed.
Among them, the first six are mainstream coins, metis is the mainstream public chain, and the current coin price is near the cost. Rune pnut act sats are all highly controlled, and the main force has been eating at the bottom.
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The 10 Largest Cryptocurrency Hacking Incidents in History
Top 10 Cryptocurrency Hacking Incidents in History Article adapted from public account: Want to eat soft rice hard. DAO Hack Incident (2016) - What happened with the stolen $60 million? A vulnerability in the DAO smart contract allowed attackers to steal $60 million worth of Ether. Impact: The Ethereum community faced a major crisis, leading to a controversial hard fork that split Ethereum into Ethereum (ETH) and Ethereum Classic (ETC). Lesson: Smart contract vulnerabilities can be fatal, and governance decisions can reshape entire blockchains.
Today's Pi Coin Price Prediction: After a 6% Increase, the Bullish Target is $2
The article is from the public account: Wanting to have a soft meal hard to eat.
Pi Coin is currently experiencing strong upward momentum, with an increase of over 6%, and a trading price reaching $1.64. Despite Pi Network being a relatively new project and the market previously expecting it to face selling pressure in its initial listing phase, it has demonstrated extraordinary strength and stability against the trend. In a market environment where Bitcoin and many altcoins are generally declining, Pi Coin remains firm, currently stabilizing around $1.6. This outstanding performance in adversity fully proves that Pi Network is not a fleeting trend but a strong project with long-term development potential. On the technical chart, Pi Coin is forming an ascending triangle pattern, indicating an imminent breakthrough. Once it successfully breaks through, its price is expected to rise to the range of $1.90 to $2, further consolidating its position in the cryptocurrency field. Moreover, the continuous activity in 24-hour trading volume also demonstrates investors' strong confidence in the future development prospects of Pi Network.
Dogecoin plummets 8.5% to 20 cents: Is this the end of Dogecoin's fate?
Cryptocurrency analyst Kevin is a leading Dogecoin commentator on X, and he discussed the price trends of the meme coin in a podcast on February 22.
Article reprinted from WeChat official account: Wanting to eat soft rice hard
He pointed out that DOGE has historically experienced significant surges followed by large corrections, typically between 50% and 65%. Looking back at previous bull market cycles, DOGE experienced a 56% pullback, followed by declines of 57% and 53%, before ultimately soaring to an all-time high of $0.48. Kevin assured traders that despite the pullback, the market performed well given the turbulent macroeconomic environment.
Pi Network Price Is Surging: Can Pi Coin Reach $5 by March 31?
The price of Pi Network experienced a notable plunge last week following the highly anticipated mainnet launch, but has since rebounded by an astonishing 157%. It is worth noting that this rebound occurred in a market environment where Bitcoin and most altcoins remained under pressure. This article delves into whether the Pi coin price has the potential to surge from the current $1.52 level to a new high of $5 by the end of the first quarter, on March 31. Pi Network Price Soars Amid FOMO The article is transferred from the official account. Welcome to follow the official account: Want to eat soft rice hard The price of Pi Network experienced an initial plunge after the mainnet launch, but has recently shown a positive recovery trend. This initial drop was mainly due to many pioneers choosing to sell their tokens when they were listed on exchanges such as OKX, HTC, etc. Many of these pioneers have been mining tokens for more than 6 years, so the mainnet launch is seen as an ideal time for them to sell their tokens.