Though the broader crypto market is experiencing a major downturn, with its market cap dropping $450 billion from March third to as we speak, few tokens are as unstable as Pi Community (PI). PI, which exploded to an ATH of $2.98 in late February, is now experiencing a steep decline, which has traders shifting to extra strategic investments.
Whereas Pi Community faces uncertainty, the Solaxy (SOLX) presale is gaining traction with practically $1 million raised over the previous 7 days because it approaches the $27 million mark.
The undertaking is popping heads with its purpose of bettering Solana’s scalability, because it intends to launch a Layer 2 blockchain. Nevertheless, traders don’t have lengthy to enter the presale on the bottom ground, as its dynamic pricing mannequin sees its per-token value rise over time.
PI Loses Help on the $1.28 Stage and Comes Crashing Down – Will a Additional Downturn Comply with?
After six years of improvement in a more in-depth setting that noticed Pi Community lovers mine the token with a mobile-first method, PI launched on February twentieth, priced at roughly $1.24.
Though the token had a rocky launch, visiting the $0.65 stage simply hours after it went dwell, it reached its ATH of $2.98 on February twenty sixth. Whereas its value solely dropped since, the token loved robust help on the $1.28 stage, which it misplaced as we speak.
At the moment, PI trades at $1.08 and is assembly resistance on the $1.24 stage, which it revisited after the preliminary crash. Whereas uncertainty surrounds the token, crypto analyst Moon Jeff believes it’s getting ready for an extra downturn, anticipating PI to achieve $0.8, which he sees as a powerful shopping for zone.
$PI is buying and selling under help.The subsequent help is at $0.6-$0.7
I will probably be shopping for extra at $0.8. #PiNetwork pic.twitter.com/ZHa2E78y3B
— MOON JEFF 🪐 (@CRYPTOAD00) March 18, 2025
PI’s 14-day Relative Energy Index (RSI) of 41.37 means the token is in a neutral-to-bearish zone, leaving room for an extra dip in its value, because the token is neither overbought nor oversold.
With PI’s buying and selling quantity hovering by 71.35% through the sell-off indicating heightened volatility, there’s potential for the token to enter the oversold territory if the value continues to fluctuate, which may sign the start of future upward momentum.
Knowledgeable Sees 10X Potential in Solaxy and Commends the Mission’s Focus On Group Development
Solaxy is at the moment boasting $26.8 million raised with room for extra progress because the presale nears its last stage. The undertaking’s advertising efforts, fueled by 15% of the entire token provide, are additionally exhibiting spectacular outcomes, as Solaxy enjoys the help of over 82,700 followers throughout its X (Twitter) and Telegram channels.
The hype surrounding Solaxy stems from its formidable purpose of launching a Layer 2 blockchain that may assist Solana cope with its congestion points by bundling transactions and processing them off-chain. Bettering Solana’s scalability may end in sooner transactions and decrease fuel charges, so it’s no shock traders are dashing to safe their share of SOLX forward of its launch.
Jacob Crypto Bury, a member of the 99Bitcoins crew of crypto specialists, believes Solaxy is ready for an explosive launch, pointing to the energy of its group.
The knowledgeable additionally highlighted Solaxy’s partnership with Finest Pockets, which beforehand endorsed Pepe Unchained (PEPU), a undertaking that developed a Layer 2 answer for Ethereum and soared by over 700% simply 48 hours after it launched.
If Solaxy maintains its momentum, Jacob Crypto Bury believes it may soar by 10x, urging his viewers to begin accumulating SOLX through the presale.
Solaxy Places Investor Safety First – Right here’s The way to Enter the Presale and Earn Extra SOLX Passively
Because the Solaxy presale progresses by way of phases, the SOLX per-token value will increase, with the ultimate stage scheduled to carry it as much as $0.0169, in response to the undertaking’s whitepaper.
At the moment, SOLX prices $0.01666 every, and traders can buy it utilizing SOL, ETH, USDT, or a credit score or debit card through the presale web site. These utilizing Finest Pockets may also swap their BNB for SOLX.
Concerning safety, the undertaking handed an audit by Coinsult, which confirmed it meets the most effective good contract safety practices, with no points present in its code. Moreover, 10% of the entire token provide is put aside for liquidity, which helps mitigate the dangers usually related to early-stage token investments.
To maximise their funding, traders can make the most of the undertaking’s 152% staking APY by locking their tokens within the staking pool. Nevertheless, as traders stake extra SOLX, the yield decreases, guaranteeing early backers get the most effective rewards.
Solaxy’s early presale success and distinctive place available in the market give it a strong probability to blow up on launch, and since its presale is nearing the ultimate stage, this may very well be the most effective time to begin investing in SOLX.
