{"id":626308,"date":"2025-02-13T14:40:29","date_gmt":"2025-02-13T14:40:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=626308"},"modified":"2025-02-13T14:40:29","modified_gmt":"2025-02-13T14:40:29","slug":"pi-iou-price-prediction-pi-plummets-27-ahead-of-pi-network-okx-listing-as-this-solana-layer-2-solution-goes-ballistic-in-presale-with-20m-raise","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pi-iou-price-prediction-pi-plummets-27-ahead-of-pi-network-okx-listing-as-this-solana-layer-2-solution-goes-ballistic-in-presale-with-20m-raise","title":{"rendered":"Pi [IOU] Price Prediction: PI Plummets 27% Ahead of Pi Network OKX Listing As This Solana Layer-2 Solution Goes Ballistic In Presale With $20M Raise"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Pi [IOU] price plummeted 27% in the past 24 hours to trade at $61.77 as of 04:25 a.m. EST on trading volume that rose 16% to $906k.<\/span><\/p>\n<p>Pi [IOU] is a project set up to capitalize on the hype around Pi Network (PI) before it starts trading, with the OKX crypto exchange announcing yesterday that it will <span style=\"font-weight: 400;\">add the <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/pi-network-announces-official-mainnet-launch-date-as-okx-gears-up-to-list-pi-coin\"><span style=\"font-weight: 400;\">Pi Network<\/span><\/a><span style=\"font-weight: 400;\"> token to its platform&rsquo;s spot trading markets.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128226; <a href=\"https:\/\/twitter.com\/hashtag\/NewListing?src=hash&amp;ref_src=twsrc%5Etfw\">#NewListing<\/a>   <a href=\"https:\/\/twitter.com\/hashtag\/OKX?src=hash&amp;ref_src=twsrc%5Etfw\">#OKX<\/a> will list <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PI<\/a> <a href=\"https:\/\/twitter.com\/PiCoreTeam?ref_src=twsrc%5Etfw\">@PiCoreTeam<\/a>! <\/p>\n<p>&#128994; <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PI<\/a>\/USDT Spot trading will begin at 8:00 AM on February 20 (UTC)<\/p>\n<p>More: <a href=\"https:\/\/t.co\/HeKW5ergKh\">https:\/\/t.co\/HeKW5ergKh<\/a> <a href=\"https:\/\/t.co\/pTy46CVZ8e\">pic.twitter.com\/pTy46CVZ8e<\/a><\/p>\n<p>&mdash; OKX (@okx) <a href=\"https:\/\/twitter.com\/okx\/status\/1889505981911941391?ref_src=twsrc%5Etfw\">February 12, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Users can start depositing their PI from Feb.12. Spot trading is set to officially begin on Feb 20 at 8:00 UTC, while withdrawals for PI will start on Feb. 21 at 8:00 UTC.<\/span><\/p>\n<h2><b>PI [IOU] Price Could Still Soar<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/pi-iou\/\"><span style=\"font-weight: 400;\">Pi [IOU] price<\/span><\/a><span style=\"font-weight: 400;\"> has shown significant price action recently, capturing the attention of traders and investors.&nbsp;<\/span><span style=\"font-weight: 400;\">The most prominent pattern on the chart is the falling wedge, which is typically a bullish reversal formation.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Pi [IOU] price was compressing between lower highs and lower lows, indicating that selling pressure was diminishing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recently, the price of PI broke out of the wedge with strong bullish momentum, accompanied by a large green candle, pushing the price from around $40 to $61.77, a significant gain of approximately +50% in a short period.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) is currently in the upper neutral zone at 62, approaching overbought territory. This indicates strong bullish momentum, but there may be a slight pullback before further upside continuation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The blue Moving Average Convergence Divergence (MACD) line (2.52) is above the orange signal line (3.12). A bullish crossover was confirmed recently, signaling a shift in momentum from bearish to bullish.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The MACD histogram shows increasing green bars, indicating growing buying pressure and strong upward momentum.<\/span><\/p>\n<figure id=\"attachment_626309\" aria-describedby=\"caption-attachment-626309\" style=\"width: 1713px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-626309\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/PIUSDT_2025-02-13_12-25-35-1.png\" alt=\"Pi [IOU] Price Chart Analysis Source: Tradingview\" width=\"1713\" height=\"725\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/PIUSDT_2025-02-13_12-25-35-1.png 1713w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/PIUSDT_2025-02-13_12-25-35-1-300x127.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/PIUSDT_2025-02-13_12-25-35-1-1024x433.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/PIUSDT_2025-02-13_12-25-35-1-768x325.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/PIUSDT_2025-02-13_12-25-35-1-1536x650.png 1536w\" sizes=\"(max-width: 1713px) 100vw, 1713px\"><figcaption id=\"caption-attachment-626309\" class=\"wp-caption-text\">PI\/USDT Chart Analysis Source: Tradingview<\/figcaption><\/figure>\n<h2><b>Pi [IOU] Price Prediction<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to the PI price analysis, sustained positive momentum on the MACD would support a bullish continuation.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the breakout holds above the $60 support level, the Pi [IOU] price could test the next major resistance at $70 and potentially extend towards $85-$90, which is a previous high zone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, if the price of PI fails to hold above $60, a retest of the wedge&rsquo;s breakout level around $50-$52 could occur. This zone should act as strong support for a rebound.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, investors are buying a new Solana meme coin called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Solaxy (SOLX)<\/span><\/a><span style=\"font-weight: 400;\">, which popular YouTube channel 99Bitcoins, with over 724K subscribers, says has the potential to soar 100X post-launch.<\/span><\/p>\n<p><iframe title=\"BEST 3 Meme Coins to Buy Now Before 2025?! (New 100X Potential Crypto!?)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/7usUlycZEUs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2><b>Solaxy Presale Closing On $21 Million&mdash;Next Big Crypto?&nbsp;<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Solaxy, a new layer-2 scaling solution for Solana, has raised more than $20.4 million in its ongoing token presale event.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project aims to address Solana&rsquo;s network congestion issues by implementing off-chain processing mechanisms&mdash;similar to Ethereum&rsquo;s layer-2 solutions. This model has already been proven successful on Ethereum through platforms like Arbitrum and Optimism.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By processing transactions off of Solana&rsquo;s main chain, bundling them together, and then submitting them to the mainnet for final verification, the system enhances efficiency.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">250K+ traders are locking in their edge with Best Wallet. &#128142;<\/p>\n<p>Track new tokens, trade seamlessly, and manage your entire portfolio in one app. &#9876;&#65039;<\/p>\n<p>The market moves fast, and staying ahead means having the right tools. <\/p>\n<p>Download Now! &#128242; <a href=\"https:\/\/t.co\/he5kzra7TY\">https:\/\/t.co\/he5kzra7TY<\/a> <a href=\"https:\/\/t.co\/AMgOYRzFPf\">pic.twitter.com\/AMgOYRzFPf<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1886384212514595165?ref_src=twsrc%5Etfw\">February 3, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Another massive utility of Solaxy is that it offers the best of both Ethereum and Solana. SOLX merges the benefits of Ethereum&rsquo;s liquidity and growing decentralized finance ecosystem with Solana&rsquo;s efficiency and speed, thereby connecting the two most prominent crypto ecosystems in the Web3 space.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project&rsquo;s staking program also offers token holders a huge 199% annual return.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investors interested in participating in the presale can visit the official Solaxy website to buy SOLX tokens for $0.001634 each using BNB, ETH, USDT, or a bank card.&nbsp;<\/span><\/p>\n<p>Buy before a price hike in less than 2 days to lock in the best deal.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Visit SOLX here.<\/span><\/a><\/p>\n<h2><strong>Related News&nbsp;<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a 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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":626311,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-626308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pi [IOU] Price Plummets 27% As This SOL ICO Goes Ballistic<\/title>\n<meta name=\"description\" content=\"The Pi [IOU] price plunged 27% in the past 24 hours, while this Solana layer 2 project has surged past $20 million in presale.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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