The 3 Best Altcoins To Jump On As Market Hype Causes Pi Coin To Surge
The post The 3 Best Altcoins To Jump On As Market Hype Causes Pi Coin To Surge appeared on BitcoinEthereumNews.com.
The broader cryptocurrency market seems to be on a slight decline right now, with Bitcoin dipping to $82K. But Pi Coin doesn’t seem to have got the memo – the new crypto wunderkind has surged by 96% in the last week. Despite some doubts about its authenticity, Pi Coin is now at $2.63 a token. It self-reports a market valuation of $17.45B, which is really good for a coin that’s just launched publicly. The hype surrounding it has given Pi Coin the potential to go even higher when it likely receives its Binance listing soon. The 3 Best Altcoins To Look At as Pi Coin Creates Waves Pi Coin’s ascent seems to be showing investors that all is not bearish in the crypto markets. There are still a few outliers that are determined to want to buck the trend and put the ‘bull’ back into ‘bullish.’ There are several reasons why Pi Coin is doing so well. First, it’s launched the ‘open mainnet’ on February 20th, where users can transfer their Pi Coins outside the Pi Network. It’s also listed on major exchanges, and its listing on Binance is imminent, with 86% voting in favor. This makes trading in Pi easier. Also, a significant amount of Pi Coin’s coin supply is locked, forcing prices up. At present, its total supply is estimated at 10B coins, with a maximum cap of 100B. But the exact number is currently unverified. This uncertainty has led to some accusing Pi Coin of being a scam and a ‘pyramid scheme’. But its supporters are bullish in their support, and Pi Coin could just be a sign that the crypto market is in for a huge rebound in fortunes. With that in mind, here are three altcoins coins to take advantage of before the price goes…
Filed under: News - @ February 27, 2025 1:28 pm