Game-Changer for XRP: A Token Reduction Event🔥

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Game-Changer for XRP:                          A Token Reduction Event🔥 The world of cryptocurrency is known for its volatility and unpredictability. However, recent developments suggest that XRP, one of the major players in the crypto space, might be on the cusp of a significant turning point. A token reduction event, also known as a token burn, is being seriously discussed, and its potential impact on XRP's price momentum could be substantial. What is a Token Burn, and Why Does It Matter? In simple terms, a token burn involves permanently removing a set number of coins from circulation, thereby reducing the total available supply. According to basic market principles, when something becomes more scarce, it naturally gains value over time. This concept is not new to the crypto world, and several cryptocurrencies have implemented token burns to great effect. Current XRP Supply Landscape The total supply of XRP...

AI Thinks Pi Network (PI) Could Hit $25, But Community Eyes $5 Target

PI coin has crashed almost 16% in the past week, unable to reclaim the 20-day EMA.
PI faces resistance at $0.7230, $0.8494, and $1.2310 price levels. 
Pi recently debuted the mainnet and the migration is unfolding in three phases. 
Pi Network (PI), a project often sparking debate with its mobile-mining approach, finds itself navigating sharp volatility following the release of its anticipated Mainnet Migration Roadmap. While the update triggered an initial 4% price bump, the PI token quickly surrendered those gains.
As of Monday, PI is trading at $0.6386, down nearly 16% over the past week. This decline places it under pressure, with the 20-day EMA acting as resistance at $0.6909. 
Recent price action shows PI flattening out, hovering near the $0.6366 mark, according to TradingView charts. This sideways movement coincides with noticeable drops in both trading volume and accumulation metrics – the Accumulation/Distribution line recently fell to -466.7M.
This points to waning short-term enthusiasm and possible redistribution, indicating a consolidation phase post-hype.
Source: TradingView
Looking at price ceilings, Fibonacci levels drawn from the p…
The post AI Thinks Pi Network (PI) Could Hit $25, But Community Eyes $5 Target appeared first on Coin Edition.

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