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صاعدPi Network at Risk ⚡ – Token 2049 Spotlight Raises Concerns
Pi Network consolidates for a sixth day.
Nicolas Kokkalis, Pi Network's co-founder, attended Consensus 2025, where PI fell 42%.
PI co-founder Chengdiao Fan will speak at Token 2049, risking another token correction.
Pi Network (PI) pricing fell 1% on Tuesday ahead of the Token 2049 event in Singapore, which PI co-founder Chengdiao Fan will attend. However, Pi Network's co-founders' public appearances have drawn criticism, claiming that Chengdiao Fan's attendance to Token 2049 might cause a PI downturn akin to Consensus 2025 in Toronto.
Pi Network is susceptible before Token 2049.
On Wednesday, Pi Network co-founder Chengdiao Fan will attend Token 2049 in Singapore. Fan will speak on “Crypto’s Future: From Liquidity to Utility - Web3 Pathways to Innovation,” which will support the Pi Network Hackathon and Stellar version 23 development.
Public appearances by PI co-founders may lead to a sell-off wave, as shown during Nicolas Kokkalis' first event visit to Consensus 2025 in Toronto between May 14 and 16, which coincided with a 42% drop in the PI price. A almost 20% retreat occurred when Kokkalis and Fan attended the Seoul community gathering on September 22.
PI may correct again with Fan at Token 2049 on Wednesday.
Pi Network maintains a vital point.
Pi Network is over $0.2600 on Tuesday, unchanged following Thursday's 6% drop. As PI remains susceptible, a dip below Thursday's low at $0.2565 might suggest a sharper fall.
If the PI token recovers from the $0.2565 support floor, the $0.3000 psychological level and $0.3349 overhead trendline will be key resistance points.
#pi #PiCoreTeam #MarketRebound #2049 $BTC
Pi Network consolidates for a sixth day.
Nicolas Kokkalis, Pi Network's co-founder, attended Consensus 2025, where PI fell 42%.
PI co-founder Chengdiao Fan will speak at Token 2049, risking another token correction.
Pi Network (PI) pricing fell 1% on Tuesday ahead of the Token 2049 event in Singapore, which PI co-founder Chengdiao Fan will attend. However, Pi Network's co-founders' public appearances have drawn criticism, claiming that Chengdiao Fan's attendance to Token 2049 might cause a PI downturn akin to Consensus 2025 in Toronto.
Pi Network is susceptible before Token 2049.
On Wednesday, Pi Network co-founder Chengdiao Fan will attend Token 2049 in Singapore. Fan will speak on “Crypto’s Future: From Liquidity to Utility - Web3 Pathways to Innovation,” which will support the Pi Network Hackathon and Stellar version 23 development.
Public appearances by PI co-founders may lead to a sell-off wave, as shown during Nicolas Kokkalis' first event visit to Consensus 2025 in Toronto between May 14 and 16, which coincided with a 42% drop in the PI price. A almost 20% retreat occurred when Kokkalis and Fan attended the Seoul community gathering on September 22.
PI may correct again with Fan at Token 2049 on Wednesday.
Pi Network maintains a vital point.
Pi Network is over $0.2600 on Tuesday, unchanged following Thursday's 6% drop. As PI remains susceptible, a dip below Thursday's low at $0.2565 might suggest a sharper fall.
If the PI token recovers from the $0.2565 support floor, the $0.3000 psychological level and $0.3349 overhead trendline will be key resistance points.
#pi #PiCoreTeam #MarketRebound #2049 $BTC
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