Pi Coin Price Forecast: Value Declines 91% From All-Time High – Yet a Significant Investor Continues Acquiring Tokens.

A single enigmatic whale has been steadily acquiring PI tokens while the broader market appears to be offloading them – prompting the question: what insights does this buyer possess that others do not, and does it indicate a bullish Pi Coin price prediction?

Although it launched with significant excitement, Pi (PI) has not met expectations, plummeting by 91% from its peak of $2.98 reached in February.

The wallet’s vigorous accumulation implies it may be acting on privileged information or strong insider belief.

As per Pi Scan, wallet GASWBD[…]ODM currently possesses 383.3 million PI, valued at approximately $103 million – positioning it as the 7th largest holder of Pi, surpassing major exchanges like Gate.io and Bitget.

Even more compelling, this whale added 6.3 million PI tokens to its holdings in just the past week, indicating sustained confidence despite the broader market’s downturn.

The identity of GASWBD[…]ODM remains unknown, but its positioning has ignited considerable speculation.

Could this investor have early insights into Pi’s roadmap, insider information regarding an exchange listing, or knowledge of an impending ecosystem update?

Regardless, it lends significant support to the bullish Pi Coin price prediction narrative – particularly if other large investors begin to follow suit.

Pi Coin Price Prediction: 26% Downside Risk If PI Fails to Break Above $0.30

Pi has seen a slight rebound after reaching a new all-time low near $0.22, stabilizing around $0.26 in recent trading sessions.

However, ongoing market weakness could push the token back toward last week’s lows.

On the 4-hour chart, the Relative Strength Index (RSI) is starting to show signs of recovery, suggesting that Pi Coin may attempt to retest the $0.30 level.

Nevertheless, unless the token decisively breaks out from its current downtrend, the overall setup continues to favor a bearish outlook.

If bearish momentum intensifies, the $0.20 level becomes a probable target – indicating a 26% downside risk from current levels.

Rather than retaining underperforming tokens this cycle, many traders are shifting their attention to high-upside presales exhibiting strong momentum.

One notable project is Pepenode ($PEPENODE), which allows users to create virtual mining rigs and earn cryptocurrency.

Pepenode ($PEPENODE) Turns Crypto Mining Into a Rewarding Game

Pepenode ($PEPENODE) enables users to construct their own virtual meme coin mining rig.

Participants can purchase nodes, establish server rooms, and earn additional cryptocurrency by building more rigs.

The game capitalizes on the popularity of the Pepe meme, merging it with an innovative virtual mining model that involves buying and upgrading rigs to ascend the leaderboard.

Users will utilize $PEPENODE to establish and enhance their mining operations while competing for enticing rewards, such as airdrops of leading meme coins like Pepe ($PEPE) and Bonk ($BONK).

Every upgrade made to a node introduces a deflationary aspect: 70% of the tokens spent on enhancing rigs are permanently burned, decreasing the circulating supply as the community grows.

As the game gains traction, the demand for $PEPENODE could surge.

To acquire $PEPENODE at its presale price, visit the official Pepenode website and connect your wallet (e.g. Best Wallet).

You can either swap cryptocurrency or use a bank card to begin.

Visit the Official Website Here

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