Pi Network’s token has been riding some serious volatility waves lately, with all the hype around that upcoming ecosystem bash mixing into the market vibes.
Pi’s Roller Coaster Ride 🌪️
The coin’s been crashing hard these past months, hitting a fresh low around $0.063 early in November. US inflation data dropped another chill on crypto overall, yet PI flipped the script and climbed past $0.07 this week instead of sinking with the reds. It looked like a technical rebound from oversold zones plus a tiny open interest bump in derivatives. The crew’s buzzing about their three-day Ecosystem Summit from November 17-19, promising updates, dev tools, app demos and core team chats that got the community hyped. That pump didn’t stick though, and PI slipped back under $0.07. Right now its market cap sits near $790 million, landing it at the 82nd spot.
Solana Facing More Dips? 📉
SOL’s native token has tumbled 25% this month and hovers around $80. Traders are eyeing a key test near $78, where holding might spark a bounce but a break could drag it down toward $63. Spot SOL ETFs have been leaking cash for weeks, with the last inflow day back on October 21. Still some bulls see this as prime entry, arguing the manipulation phase is ending and a big distribution pump is next, calling these levels basically free money.
ZEC Takes a Privacy Coin Hit 🖤
Zcash got slammed in the correction, plunging 25% over the week to $950 after dipping below $1,000. Analysts eye possible bottoms in the $800-$900 zone or even lower at $200-$500. One whale who went 10x long on 18,000 ZEC just ate over $2.8 million in paper losses and faced full liquidation risk near $895.
Just another echo from the void by iconofsin.eth 💖
