Pi Network’s PI Defies the Market Slump: Can Bulls Push It Higher Next Week?

The cryptocurrency market is in turmoil once again. Bitcoin led the losses on Friday with a massive nosedive to a six-month low of $94,000. Despite recovering a few grand since then, the asset is still more than 6% down weekly. ETH has slipped by 7% since last Sunday, while SOL has plunged by more than 11%. Although most other altcoins have posted weekly losses as well, there are a few exceptions. Aside from the high-flyer ZEC and a few more privacy coins, Pi Network’s native token is also 5% up since last Sunday, which is somewhat surprising given its performance since late February. The question that arises now is whether it will be able to sustain this move and even climb higher? Can PI Keep Pumping? Certain analysts believe so. As reported on Friday, a popular Pioneer claimed that PI has established a solid floor at around $0.20 and $0.22,...

https://cryptopotato.com/pi-networks-pi-defies-the-market-slump-can-bulls-push-it-higher-next-week/