Pi Coin: Up, Down, or Just Clowning Around? 🤡

by

Well, slap my face and call me impressed-Pi Coin decided to have a little upward spa day for two whole days after the devs announced some fancy tweaks to their DEX and AMM tools. 🛠️✨ Because nothing says “we’re serious” like a testnet makeover, right? 💅

  • Pi Coin price did a little hop, skip, and jump upward. 🦘
  • The devs were like, “Hey, let’s make our testnet less of a hot mess.” 🧹
  • But the charts are like, “Girl, please, that downward trend ain’t going anywhere.” 📉

So, Pi Network (PI) token sashayed up to $0.2070, a 7% bounce from its weekly low. 🎉 But let’s not throw a parade just yet-it’s still a far cry from its ~$3 all-time high. And its market cap? Oh, it’s down to a humble $1.8 billion from a cool $20 billion. Humble brag, much? 💸

In a blog post that probably took longer to write than the actual updates, the devs gushed about how their DEX, AMM, and liquidity tools testnet is going “super well.” 🙄 Based on feedback (read: complaints), they spruced things up a bit. Like, they reorganized the UI because apparently, trading shouldn’t feel like a scavenger hunt. 🗺️

They also introduced Pi-dominated pairs, because Pi wants to be the Beyoncé of base currencies. 💃 The goal? Less volatility, less slippage, less manipulation, and more “Oh, I get it now.” 🧠

Oh, and they threw in domain verification and liquidity-based ranking tokens because why not? 🍹 The Pi Core Team is aiming for a 2026 DEX launch, which feels like a lifetime away in crypto years. By then, we’ll probably all be trading in MarsCoins. 🚀

To add some spice to their utility game, they’re running hackathons and investing in tech companies with their $100 million ecosystem fund. 💼 Already, they’ve backed CiDi Games (because who doesn’t love Pi-powered games? 🎮) and OpenMind (AI + Pi = 🤖✨). Collaboration is their middle name, apparently.

Pi Coin Price: The Drama Continues 📈📉

The daily chart looks like a rollercoaster designed by a sadist. 🎢 Pi Network’s price has been on a downward spiral, dropping from $0.2805 in November to a low of $0.1945. Ouch. 😬

And get this-it formed a double-top pattern at $0.2800 with a neckline at $0.2106. Now it’s doing the break-and-retest tango. 💃 But let’s be real, it’s probably just clearing its throat before resuming its downward karaoke solo. 🎤

Below the Supertrend indicator and short-term moving averages? Check. Next stop: retesting the $0.1500 support level. Because why not hit rock bottom again? 🪨

Read More

2025-12-19 20:40