New Proposal Aims to Lock In Pi Demand Monthly – Will It Boost the Price?

Blockchain Crypto Presale Pi Network
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An X user named Satoshi Nakamoto has proposed a mechanism to reduce Pi's volatility.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

A pseudonymous figure on X whose account bears the name of the creator of Bitcoin – Satoshi Nakamoto – proposed the creation of a liquidity pool to stabilize the price of Pi (PI) as the token keeps dipping to record lows.

Nakamoto’s plan involves setting up a community-drive liquidity pool (CDLP) made up by individual contributions from PI holders.

The goal of this entity would be to reduce volatility, foster scarcity, and raise the token’s liquidity.

This user’s proposal comes at a point when PI has dropped to record lows. On Saturday, the token dived to $0.40 – its current all-time low.

Allegations from top executives from within the blockchain industry that Pi is a well-conceived scam have hit its reputation. In addition, top centralized exchanges like Binance and Coinbase have refused to make Pi available on their trading platforms as the project to meet their listing criteria.

PI Could Rally to $0.90 if It Bounces Off This Key Support

The hourly chart shows that the latest bounce in PI’s price has rapidly been met by a selling spree as disappointed investors may have taken the chance to dump their holdings at a much better price of nearly $0.80.

pi could rise to $0.90

A Fibonacci retracement study shows that the price has bounced back after it briefly broke the 61.8% Fibonacci support. This is a bullish indication, especially as it was confirmed by a large green candle.

However, momentum indicators remain on a downtrend and have not yet sent a buy signal. In this regard, the Relative Strength Index (RSI) is retesting the signal line from below.

This would be the third or fourth time that the RSI tries to climb above this moving average. In all of the past instances, this buy signal has not delivered a positive outcome.

If PI bounces off this Fibonacci level, it could result in another higher high for the token and could push it to the $0.90 level.

However, if PI loses this support, it could retest its all-time lows around $0.40—implying a downside risk of nearly 29%.

While Pi’s post-mainnet performance has underwhelmed, top crypto presales like MIND of Pepe (MIND) have drawn in millions from investors, with analysts suggesting that AI coins may still have their strongest phase ahead.

MIND of Pepe (MIND) Raises Nearly $8M To Launch a Powerful AI Agent

The success of AI agents like Luna by Virtuals and AIXBT paved the way for MIND of Pepe (MIND), a project that leverages the popularity of the Pepe the Frog meme to launch an AI-powered social media character.

mind of pepe presale

MIND of Pepe is set to captivate audiences with its unique ability to engage in real-time discussions tied to the ever-evolving meme coin landscape.

By interacting with both high-profile accounts and everyday users on platforms like X, the AI agent identifies trending narratives and surfaces valuable insights—shared exclusively with $MIND holders to help them capitalize on emerging market opportunities.

Currently available at a discounted price of $0.0036817, $MIND presents early investors with a high-upside opportunity ahead of its anticipated exchange listing.

To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet).

You can either swap USDT or ETH or use a bank card to make your investment.

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