Pi Network drops after the release of 11 million tokens - optimistic traders continue to rely on long -term increase to $ 5 - is a breakthrough?

Pi Network drops after the release of 11 million tokens - optimistic traders continue to rely on long -term increase to $ 5 - is a breakthrough?
pi network: token activation and the perspective on a long -term increase
The PI Network recently recorded a significant decline, which is associated with the activation of 11 million tokens. This development has led to uncertainties among investors, but at the same time there is an optimistic mood among the dealers who rely on a long -term increase in Pi's value.
The activation of tokens is an important milestone for every crypto project because it can increase the offer on the market. In the case of PI Network, the large number of released tokens led to a temporary pressure on the price. Despite these challenges, many dealers see the current price level an opportunity to rely on a future increase in value.
Bullish dealer, i.e. investors who start from rising prices, are still confident that the price of PI could reach the $ 5 mark in the coming months. This optimistic assessment could be based on various factors, including the potential of the platform, the increasing acceptance of cryptocurrencies in general and the innovative strength of blockchain technology.
However, the market conditions remain volatile. Investors should be aware of the risks associated with crypto investments and are comprehensively informed about developments in the PI Network. It remains to be seen whether the market can meet the expectations of the bullish dealers and whether a sustainable price increase will be recorded.
Overall, the current situation of the PI Networks is an exciting topic for investors and crypto prospective. The combination of the recent token freedom and the optimistic forecasts could indicate that a significant outbreak is being made in the near future.