
Pi Coin’s social currency and developer ecosystem have seen its price plummet from highs of $3 per PI to current rates around $0.64. While there are bullish Pi Network price predictions going around, most onlookers are starting to grow concerned about a possible continuation of PI’s decline to $0.
In the last month, the price of the Pi coin has surged a paltry 13% amid a market rebound as Bitcoin recovers above $ 100 K. With a maximum supply of 100 billion tokens, only 7 billion Pi coins are in circulation, leaving most holders worried about a possible flash sale from the core team.
Meanwhile, Remittix's RTX is gaining traction with its presale, raising over $14.8 million in a brief spell. Remittix is on track to revolutionize cross-border payments, and analysts anticipate a 3,000% uptick for RTX upon launch.
Just 2 months ago, Pi coin was soaring as the new social currency for the common people. At the time, the Pi coin saw its price surge as high as $3, with some forecasting the Pi Network price predictions above $10 by the end of 2025.
At the moment, however, the Pi coin is changing hands at $0.64, registering a 78.6% drop from its ATH as sentiment shifts from bullish to bearish. Pi coin holders have had to wait 6 years for the launch of the Pi Network.
Pi coin promised to bring about real-world utility by enabling users to mine and transact Pi coin using a device as simple as their mobile phone. According to Pi Network, 65% of the tokens’ supply is supposed to be allocated to the community in the form of mining rewards, and only 10% to the foundation. However, as the Pi coin was launched, the foundation continued to hold a large portion of the supply, with most of the zero-cost Pi coins set to be distributed as rewards remaining inactive.
At the moment, the Pi coin continues to languish under increasing selling pressure. Trading activity on Pi coin is also declining as investor euphoria wanes. Pi Network predictions have now turned bearish, with some onlookers forecasting a continuation of Pi coin's decline should its selling pressure increase.
Remittix is an emerging cross-border payment platform with a twist. Unlike most cross-border payment solutions, Remittix offers an intuitive and simple approach set to trigger mass adoption.
Users on Remittix can send crypto funds to any bank account around the world across more than 30 fiat currencies. Remittix's PayFi protocol also supports businesses, allowing them to receive crypto payments thanks to the platform's Pay API.
At its core, Remittix offers a far better real-world solution to the remittance sector. With its prioritization of simplicity over complex design, Remittix is set to lead the charge well into the future of an industry with a potential valuation of $250 trillion by 2027.
Remittix is fast, flexible, and reliable. Recipients get the precise amount of funds sent at a flat fee and with zero extra charges. This makes Remittix a go-to solution for microtransactions, which stands at the intersection of blockchain technology and traditional banking.
With a presale where over 74% of RTX tokens are sold, now is the best time to jump in and become invested in the future of PayFi.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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