Best Crypto Coins to Buy After the Pi Network Crash

Pi Network price has imploded after the much anticipated mainnet launch on February 20th. It has crashed by over 50% in the last 24 hours, leading to a $6 billion wipeout as its market cap moved to $4 billion. So, let’s explore some of the best crypto coins to buy for 10x gains this year.

The price of Pi coin has crashed dramatically following its highly anticipated mainnet launch on February 20th. It has fallen by more than 50% in the past 24 hours, leading to a $6 billion wipeout as its market cap moved to $4 billion.

Crypto Coins to Buy After the Pi Network Crash

There is a high risk that the Pi coin price will continue falling considering that it mirrors that of other tap-to-earn cryptocurrencies like Hamster Kombat and Notcoin. Other popular recent airdrops like Wormhole, Grass, and ZkSync have also plunged.

Some of the top crypto coins to buy for huge gains are Litecoin (LTC), Polkadot (DOT), and Algorand (ALGO).

Litecoin (LTC) price has surged in the past few weeks as the possibility of a spot LTC ETF approval jumped. That approval will give it access to more Wall Street analysts.

Technicals suggest that the Litecoin price is about to explode higher soon.

LTC has formed an ascending triangle pattern, a popular continuation sign. It has now moved above the upper resistance level of the triangle pattern and the 23.6% Fibonacci Retracement point.

Therefore, Litecoin price will likely continue soaring, with the next important level at $225, the 50% retracement level that is about 78% above the current level. Over time, the value of LTC will surge to a record high of $415. The bullish LTC forecast will be canceled if the coin drops below the support at $80.

Polkadot (DOT) price has also surged in the past few weeks as it sits near its all-time low. The most important fundamental catalyst is that it is going through the transition to Polkadot 2.0, which will make it a more vibrant Layer-1 network.

Polkadot price has also formed a quadruple bottom pattern at $3.65, a popular bullish reversal point. There are also signs that it is in a prolonged accumulation phase of the Wyckoff Theory.

This means that the DOT price may soon move to the highly bullish markup phase that is characterized by high demand. It will likely surge from $5.3 to the 50% retracement point at $30, up by 500% from the current level.

Algorand (ALGO) price has surged in the past few weeks as it recovers from the lowest level since December 2020. The coin is trading at $0.37, which is significantly lower than the all-time high of $3.33.

Algorand is a highly contrarian cryptocurrency since it has gone through a three-year consolidation phase.

It has formed a double-bottom pattern at $0.081, and whose neckline was at $0.30. It made a bullish breakout and then retested that neckline. A break and retest is one of the top signs of a bullish continuation. Therefore, ALGO price may surge to $1.55, up by 430% from the current level.

Other Crypto to Buy After the Pi Coin Crash

The other notable crypto coins to buy after the Pi coin crash are Solana, Cardano, Terra Luna Classic, and Mantra.

Frequently Asked Questions (FAQs)

Which are the best crypto coins to buy after Pi Network price crashed?

The best crypto coins to buy after Pi Network price crashed are Litecoin (LTC), Polkadot (DOT), and Algorand (ALGO). Other notable coins include Solana (SOL), Cardano (ADA), Terra Luna Classic (LUNC), and Mantra (OM).

Why did the Pi Coin price crash?

The Pi coin price crashed for several reasons, including the mass selling of coins by early miners, the lack of liquidity on exchanges, and the coin’s limited use cases.

Will the Pi Network recover?

It is difficult to predict whether the Pi Network will recover. However, several factors could contribute to its recovery, such as exchange listings, increased use cases, and community support.