Pi Coin (Pi Network Coin) crashed 71% after listing at around $1.45 on Mainnet Launch. However Pi Coin has recovered more than 105% after day 1 market and is currently trading at $1.56 at the time of writing this article. Crypto Experts are claiming that Pi Network Coin has massive potential as Crypto whales are playing big games.
Numerous Pi Network Pioneers are already seeing massive gains after the Coin touched a high of $2.10. However, crypto experts said those who are selling in a hurry right now might regret later the value increases. So the real question is, should you sell your Pi holdings or hold for long-term. Here’s a complete breakdown that might help you.
Before diving into the future of Pi Network, let’s know what Pi Coin is and what is its purpose.
What is Pi Coin ?
Pi Coin is a digital currency like Jio Coin. It’s not a traditional cryptocurrency like Bitcoin, Ethereum, Binance, Solana etc. Pi coin was created to facilitate the buying and selling of goods and services between holders worldwide. Those who are willing to sell their products or provide services can receive Pi coins in exchange.
While BitCoin, Ethereum, and other cryptocurrency can be used for trading with the intention of gaining money, Pi Network allows you to use it to pay for goods and services. For instance, you can use Pi Coin to pay for school fees, pay for a Visa, online shopping, shopping at mall and other things as well.
Also Read: Jio Coin, Mukesh Ambani’s Reliance Launched New Cryptocurrency
Should You Sell Pi Coins Now or is it a Trap?
As Pi Network Coin has experienced massive fluctuations within the few days post Maintnet launch. Some crypto experts are claiming that Selling Pi Coins at a lower price might be your biggest regret. Crypto Whales (those who are with massive holdings) are manipulating the Pi Network price and forcing Pi holders to sell at discounted prices. After buying massive quantities, the price of Pi Network might surge significantly. You could become the next victim, falling into the trap of crypto whales by selling your Pi holdings but regret later.
Selling now could cost you millions as crypto is manipulating the real price of Pi Coin and creating fear among Pioneers so that they can buy at a discounted price and make profit later.
What Does the Future Hold For Pi Network?
Pi Network is now experiencing a massive surge in the last 1 day and currently trading at $1.56. As Binance the largest crypto exchange is considering to list Pi Coin the real wealth isn’t by selling your Pi holdings but in the long-term. Pi Coin Price will eventually grow by holding the coin, growing, and leveraging Pi’s potential in the long run. With the next AltCoin rally, Pi Coin price is expected to rise along with Bitcoin and Ethereum.
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