Pi Coin (PI): 100% in a week – rejoice or rug pull?

Up until five minutes ago, nobody knew about Pi Coin, but Pi Coin has been around for a while, and is only now starting to get some market attention

Up until five minutes ago, nobody knew about Pi Coin, but Pi Coin has been around for a while, and is only now starting to get some market attention after it doubled in a week.

Coin: Pi Network (PI)

Pi Coin saw some price action, with the token doubling from $0.58 to $1.20 in a week, and that’s after it saw an adjustment. Pi Coin briefly trebled, and stood at $1.60, before profit taking saw the token take a haircut.

What is behind Pi Coin’s sudden popularity, considering the token has existed since 2019 and is trading at 60% below its ATH?

Pi Coin is a mineable token, and its mining model is app-based, making it accessible to a broad audience. Recently, there’s been a surge in interest in Pi Coin, with the token's price more than doubling since the start of April.

This surge follows a period of inactivity, with Pi Coin trading in a narrow range throughout 2023. However, the recent price increase has caught the attention of traders, who are now actively discussing Pi Coin in online forums.

Much of the recent hype centres on Pi Coin’s expected Open Mainnet launch, rumoured strategic partnerships with names like Visa and Google Cloud, and speculation around a potential Binance listing – all timed around the Consensus 2025 Summit.

The post adds that despite not yet offering full utility or being listed on major exchanges, traders are betting early on the chance that Pi Coin finally transitions from app-based mining novelty to a functional layer-1 ecosystem.

“[email protected] is still largely unknown, but it’s a token that’s worth keeping an eye on, especially with its price action recently. Maybe we’ll finally get to see if there is something to the Pi Coin project, or if it’s just a rug pull that everyone is talking about.”

Meanwhile, Litecoin (LTC) is back in the news after the Litecoin price saw a 60% climb since the start of April – is there a resurgence in Litecoin? But grabbing the news headlines is Remittix, set to make 500% in the near future. It is worth investigating.

Litecoin ETF: Immediate Approval Denied But Public Comment Opens

Getting an ETF listing approval is a boon to any asset, as this is the stamp of legitimacy. Bitcoin, Ethereum, and Solana already have ETFs; now, Litecoin is next on the list. The bad news is that the SEC has denied the immediate Litecoin spot ETF.

However, this is not as disastrous as it may seem. The Litecoin ETF has been referred back for public comment, which indicates that the SEC is taking it seriously.

The Litecoin price had a terrible Q1 this year, dropping from around $100 to below $70. But in the last 30 days, the Litecoin price has seen a 30% increase, and in the last week alone, the token has gained nearly 12%.

And if anyone is wondering if there is any purpose or life left in Litecoin, then Litecoin works hand in glove with Dogecoin. Dogecoin cannot operate without Litecoin’s security layer, which means that as long as Doge is in the top 10, the Litecoin price will have room for upward movement.

RemitTix (RMX) Tokens Reportedly Up 500% as PayFi Investment Opportunity Soars

Coming up through the ranks is Remittix, a new PayFi token with potential so big that social media and YouTube can’t stop talking about it.

RemitTix is the world’s first crypto-to-fiat payment system, and the implications here are enormous.

Thanks to RemitTix’s system, users can use cryptocurrency to pay into almost any fiat currency bank account. These payments take a fraction of the time to clear, cost almost nothing, and avoid the administrative hoops associated with traditional bank transfers.

This means lower overheads, faster delivery, and fewer admin costs, all of which positively impact the bottom line.

RemitTix is now available at $0.0757 directly from their website.

To learn more about RemitTix and stay updated on the latest developments, visit the links below:

Website: https://remittix.io/

Social Links: https://linktr.ee/remittix