Pi Faces Pressure with Token Unlock and Price Near $0.18

Pi Network Faces Challenges Amid Market Conditions

Pi Network’s token price is testing support near $0.183, with a decrease in daily trading volumes by 25% to $11 million.
A major token unlock of 142 million Pi tokens is expected in the next 30 days, potentially exerting further pressure on the price.
The token has experienced a nearly 10% drop over the past month and is down more than 78% since debuting on exchanges in February.
Pi’s price is currently between $0.18 and $0.20, with resistance at $0.20-$0.22 and further support around $0.16 if it drops below $0.18.
The Relative Strength Index (RSI) is near 40, indicating balanced market conditions, while the MACD shows a weak bearish signal.

Updates to Pi App Studio

Pi Core Team announced updates to its App Studio, introducing new Pi payment integration that does not require technical expertise.
The payments are limited to Test-Pi and are functional within a single active session.
A feature was introduced allowing app iterations deployment by watching ads, aiming to increase accessibility for users with limited Pi balances.

Degen Meme Coin Maxi Doge Presale Success

Maxi Doge (MAXI) raised over $4.5 million in presale, focusing on max leverage trading and community engagement features.
The project includes staking rewards and a trading group offering MAXI tokens to top performers.
Tokenomics: Ticker - MAXI, Price - $0.0002795, Funds Raised - $4.5 million.
40% of the total token supply is available during the presale, with a hard cap of $15.76 million before launching on decentralized exchanges.