According to market data, NetPia (PI) price has dropped nearly 4% in the past 24 hours, falling below $0.7. Trading volume also decreased by 7.5%, indicating a decrease in investor interest. The release of new PI tokens last week has created negative sentiments in the market. NetPia team announced the first PiFest event with 125,000 sellers and 1.8 million users participating. However, many community members consider this project inefficient. Critics like Dr. Altcoin stated that since PiFest started, trading activity has reached its lowest, with the only trades being PI sales for liquidity. Some community members have objected to the lack of transparency from the development team and unfulfilled promises regarding listing on reputable exchanges. Despite rumors of PI being listed on exchanges like Binance and Coinbase, such an event has not occurred yet. Only one exchange has added NetPia to its spot trading, which had no impact on its price. NetPia has dropped by 13% in the past seven days, approaching the support level of $0.6. Technical analysis indicates a forming descending wedge pattern, and if the resistance range of $0.71 to $0.72 breaks, there is a possibility of price rising to $0.75 to $0.78 levels. Generally, while some analysts predict PI price reaching $3, analytical models suggest a possibility of it dropping below $0.6 in April. On the live digital currency price page, you can see the real-time prices of all tokens and cryptocurrencies.
