Pi coin dips 29% as trading volume thins out; SHIB price prediction points to mixed outlook

The crypto market is a cut-throat space, and Pi coin's recent struggles prove just that.

The crypto market continues to be a buzz with activity, with some coins, unfortunately, bearing the brunt of the downturn. In a recent development, Pi coin has seen a substantial drop in price, attributing to an underdeveloped ecosystem and lower trading volumes.

The crypto market continues to be a buzz with activity, with some coins, unfortunately, bearing the brunt of the downturn. In a recent development, Pi coin has seen a substantial drop in price, attributing to an underdeveloped ecosystem and lower trading volumes.

On the other hand, memecoin Shiba Inu’s price forecast is at a critical juncture, with analysts highlighting the possibility of either a rally or a drop. This will depend on whether it manages to break the key resistance at $0.00001190.

Furthermore, BlockDAG (BDAG) has been making headlines as one of the most community-focused projects, recently launching a retroactive bonus update for early batch buyers.

Furthermore, BlockDAG (BDAG) has been making headlines as one of the most community-focused projects, recently launching a retroactive bonus update for early batch buyers.

Those who didn’t receive any bonus during their initial purchase will now be eligible for the full 150% bonus, while buyers who received partial bonuses (50% or 100%) will have their bonuses topped up to reach the full 150%. However, the bonus is capped at 150%, so those who have already received bonuses higher than this won’t qualify for additional rewards.

Those who didn’t receive any bonus during their initial purchase will now be eligible for the full 150% bonus, while buyers who received partial bonuses (50% or 100%) will have their bonuses topped up to reach the full 150%. However, the bonus is capped at 150%, so those who have already received bonuses higher than this won’t qualify for additional rewards.

This unique approach to offering bonuses is rarely seen in the crypto world, making BlockDAG stand out for its attentiveness towards its community.

As Pi coin price plummets 29%, experts suggest quick fixes won't be enough to save it

As Pi coin price plummets 29%, experts suggest quick fixes won't be enough to save it

The price of Pi coin has taken a hit, dropping sharply from around $1.2 to just $0.952 in the past week.

The price of Pi coin has taken a hit, dropping sharply from around $1.2 to just $0.952 in the past week.

This decrease marks a 29% fall in the Pi coin price, a significant change that has left many investors in the red. The drop in value is attributed to a lack of interest from new investors, lower trading volumes, and an underdeveloped ecosystem.

This decrease marks a 29% fall in the Pi coin price, a significant change that has left many investors in the red. The drop in value is attributed to a lack of interest from new investors, lower trading volumes, and an underdeveloped ecosystem.

Even though Pi Network tried stabilizing the price with efforts like the .pi domain sales and the launch of the Pi USD stablecoin, these measures haven’t had much effect. Many investors are still hopeful, but experts have warned that quick fixes like adding new use cases or lowering the minimum wage for Node maintainers might not be enough to reverse the downturn in Pi coin price.

Shiba Inu price prediction: Breakout or decline

The price of Shiba Inu is at a key point, with investors divided on whether it will go up or down from here. Technical indicators show that SHIB is close to either a major price increase or a decline.

The price of Shiba Inu is at a key point, with investors divided on whether it will go up or down from here. Technical indicators show that SHIB is close to either a major price increase or a decline.

If the bulls manage to break the resistance level of $0.00001190, then it could push toward $0.00001220 or higher, especially if the Relative Strength Index (RSI) on the 4-hour chart shows signs of bullish divergence.

However, if the price fails to break this level and pulls back, then Shiba Inu price prediction suggests a drop to $0.00001140, with further losses potentially reaching $0.00001080, causing more negative sentiment among investors.

BlockDAG massively expands bonus program, offering up to 150% to previous buyers

In other news, BlockDAG has announced a community-focused update with the expansion of its bonus program. This update will grant previous buyers the opportunity to receive up to a 150% bonus, with the eligibility depending on whether they had any bonuses before.

Those who didn’t receive any bonus during their initial purchase will now be eligible for the full 150% bonus. For instance, if a buyer didn’t receive any bonus during the purchase and held onto the tokens, they’ll be credited with a 150% bonus.

Buyers who received partial bonuses (50% or 100%) will have their bonuses topped up to reach the full 150%. For example, if a buyer had a 50% bonus and keeps the tokens in their wallet, they will receive an additional 50% to reach the total 150% bonus.

The bonus is capped at 150%, so those who have already received bonuses higher than this won’t qualify for additional rewards. This retroactive approach is rarely seen in the crypto world, as few other projects have ever rewarded users in this way.

The BlockDAG team explained that this decision was driven by a desire to ensure fairness and provide benefits to all early supporters of the project.

“We want to make sure that all early supporters of BlockDAG can benefit from the project’s success. Those who joined early took a chance on our vision and helped build the community to what it is today,” the team said.

This update highlights BlockDAG’s commitment to consistently benefiting its holders and ensuring fairness for all. The network’s presale performance also speaks volumes about the confidence in the project, having already amassed more than $206 million, over a third of its $600 million goal.

Given the