Pi Coin Price Prediction – Pi Network Gains DeFi Momentum With Zypto Integration: Is a Full Recovery on the Table?
A decentralized payment app called Zypto has added Pi Coin (PI) support to its mobile platform so “pioneers” can now use their assets to cover their day-to-day expenses via its physical and virtual VISA cards.New use cas...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A decentralized payment app called Zypto has added Pi Coin (PI) support to its mobile platform so “pioneers” can now use their assets to cover their day-to-day expenses via its physical and virtual VISA cards.
New use cases for this token favor a bullish Pi Coin price prediction. The Zypto payment app is supported in more than 10 countries at the time of writing and supports more than 24,000 cryptocurrencies.
Pioneers,
Zypto is now on the Pi KYB verified list.
If you don't already have it, you can download Zypto on https://t.co/Bh8dNFuyrq to enjoy our many great features:
– Multichain DeFi swaps to and from $Pi
– Load Zypto VISA cards with $Pi
– Buy non-reloadable cards
– Pay… pic.twitter.com/3sX39Jfnbb
In addition, Zypto has launched an interoperable Pi-based decentralized application (dApps) through which users can swap their Pi tokens for other assets.
The news comes roughly a week after Pi Day, an event held by the development team in which they shared with the community some new features and updates.
Pi has been criticized for its lack of ecosystem growth initiatives following the launch of its public mainnet in February. This collaboration with Zypto could help ease the decline that Pi Coin has experienced lately as its supply has been expanding rapidly.
Pi Coin Price Prediction: PI Could Rise to $0.57 If This Key Support HoldsIn the past 7 days, Pi Coin has retreated by more than 12% but seems to have found strong support at $0.4750.
The token has already bounced two times off this level and could be entering a phase of accumulation ahead of further ecosystem news.
In the 4-hour chart, the price has moved off its falling wedge but not with sufficient strength to confirm a bullish breakout.
Both the 9-day and 21-period exponential moving averages (EMAs) remain on a downtrend while the token is trading below its 200-day EMA as well.
The $0.4750 is the most critical level to watch for Pi as a drop below this area could push the token to a new all-time low.
This Zypto announcement favors a bullish Pi Coin price prediction as it could help PI in bouncing off this area and retest the $0.57 target shown in the chart.
A full recovery to $1 seems difficult at the time, especially as Pi’s daily token unlocks will continue to be quite high during the next couple of weeks or so according to data from PiScan.
However, as the rate at which its supply is expanding decreases, the market could start to assign more weight to this kind of announcement.
While Pi continues to struggle, Bitcoin-linked crypto presales are gaining traction. BTC Bull Token (BTCBULL) is a standout example, having already raised over $8 million and attracting growing investor interest.
BTC Bull Token (BTCBULL) Hands Over Rewards Based on How Bitcoin PerformsBitcoin is currently trading at $110,000, bringing it closer to the first reward milestone set by BTC Bull Token (BTCBULL) — a meme coin designed to reward Bitcoin holders with passive income.
BTCBULL’s unique system offers two types of incentives: Bitcoin airdrops and token burns.
The structure is simple. Starting from a $100,000 BTC baseline, new rewards are unlocked every time Bitcoin gains another $25,000.
At $125,000, a portion of BTCBULL’s supply will be permanently burned, reducing circulation and potentially boosting the token’s price.
Next up, once the top crypto reaches $150,000, token holders will receive a direct BTC airdrop in their wallets where they hold BTCBULL in correspondence to the number of tokens that they hold.
To buy $BTCBULL, head to the BTC Bull Token website and connect your wallet (e.g. Best Wallet).
You can either swap USDT or ETH or use a bank card to invest.
The post Pi Coin Price Prediction – Pi Network Gains DeFi Momentum With Zypto Integration: Is a Full Recovery on the Table? appeared first on Cryptonews.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Bitcoin Price Prediction: AI Falls, Oil Jumps as Crypto Awaits Tomorrow’s Clarity Act
Our Bitcoin price prediction is leaning bullish, as it trades at $77,700 and holds firm while equities take a beating. There’s a d...
Ethereum Price Prediction: Supply Shock Could Send ETH Above $3,000
Ethereum trades at just above $2,500, but the flat 24-hour print masks a more interesting story underneath that could flip its pri...
Kraken Lets Users Earn DeFi Yield on Nvidia and ETF xStocks
Kraken has launched on-chain yield vaults for three tokenised securities, enabling qualified clients to earn variable rewards from...
Plume Network general counsel outlines tokenization’s benefits in Bitcoin Suisse wealth report
Tokenization's rise could redefine asset management, enhancing efficiency, transparency, and global competitiveness in financial m...
Kraken Launches xStocks Vaults That Borrow Against Tokenized Equities
Kraken has launched three vaults that let eligible clients earn variable yield on SPYx, QQQx and NVDAx while retaining exposure to...
Bitcoin Price Signal Upside as Rally Meets Fed Risk
Bitcoin price has clawed back to above $70,000 from $60,000 in late August, and traders are now assigning an approximately 85% pro...