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Jakarta, Pintu News – Pi Network recently celebrated its sixth birthday on March 16, 2025, with notable achievements such as the completion of the Mainnet migration and the launch of Open Network PiFest.
Then, how will this development affect the price of Pi Coin?
As of March 16, 2025, Pi Coin was briefly trading between the $1.20 support level and the $1.90 resistance level. Both of these levels have been tested multiple times, indicating strong market activity from both sides, both buyers and sellers.
Read also: Can Pi Network’s Price Increase 3x if Listing on Binance Happens Before March 2025?
If the price drops below the $1.20 support level, it could trigger a further drop to the lower support zone.
On the contrary, if the price manages to break the $1.90 resistance level, it could trigger bullish momentum with the next target at $3.00, which is a historical resistance point.
Pi Network has successfully completed its Mainnet migration, an important step towards decentralization and wider adoption. This transition improves the integrity and security of the blockchain, easing transactions and the implementation of smart contracts.
In addition, the launch of the .pi domain auction system aims to create a platform-level utility for Pi Coin, allowing community members to secure customized domain names within the Pi ecosystem. This is expected to strengthen network infrastructure and user engagement.
PiFest 2025, which runs from March 14 to 21, 2025, encourages users to interact with local Pi-backed businesses, promoting real utility for Pi Coin. However, market sentiment towards this development is mixed.
While many are celebrating the successful Mainnet migration and new features, concerns remain regarding the KYC verification deadline causing unverified users to lose ownership of their Pi.
Read also: PiFest 2025: Pi Network’s Innovation in Driving Pi Coin Adoption in the Real World
Going forward, Pi Network’s focus on expanding its ecosystem, getting listed on exchanges, and increasing merchant adoption could drive further demand for Pi Coin.
Overall, with the latest developments and ever-changing market dynamics, investors are advised to monitor these key levels closely and stay tuned to the Pi Network.
Project progress and market dynamics will greatly influence Pi Coin’s future price movements.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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