PI Network V23 Update - Why is there no effect on PI Network's price?

The PI network has released its V23 update based on Stellar Protocol 23, which is expected to boost its stability, scalability, and cross-chain compatibility. Despite this technical step, the PI token has remained weak at a price of just $ 0.34, less than its 20-day EMA of $ 0.36. In this video, we will discuss what this update is, how to rollout at Testnet 1, Testnet 2 and Mainnet, and why there seems to be no excitement from the market. We will also provide analysis on how resistance will affect $ 0.36 and support for $ 0.32 in Pi's next price movement. If you are interested in the PI network and want to understand why his technical progress at the Market Price is disconnected, make sure you finish this video. #Pinetwork #cryptonews #stellarprotocol23 #pitoken #altcoins #blockchain #cryptoupdate #mainnet #cryptophilippines #Trading playlists: crypto news 2025 https://www.youtube.com/watch?v=le8VRCJU3OG&List=PLP_YVSVWPHL7BPPVEIKDX4IYOQVIPJ2BX&PP=GAQB PI Network/PI NEWS - PCT https://www.youtube.com/watch?v=NMSY434hlqm&List=PLP_YVSVWPHL4I8J3QL23X1PCT1NBERJBT&PP=GAQB PI COIN TECHNICAL ANALYSIS - PCT https://www.youtube.com/watch?v=31gczzjv1ms&list=PLP_YVSVWPHL5GG_E-8F5URGFEOWA5ZB5O&PP=GAQB Crypto Trading Tips https://www.youtube.com/watch?v=csjbqzzq6pe&list=PLP_YVSVWPHL55GA5X1Gng_5cpcfxghsbv&pp=gaqb0gcjcv8eocoswnin crypto reviews https://www.youtube.com/watch?v=0dwxk38gk9e&list=plp_yvsvwphl6zgljq9q7pr6r6lds9mq8x&pp=gaqb crypto tutorial https://www.youtube.com/watch?v=_wob44-je0&list=plp_yvsvwphl5ua5gmke9vm8ffgxyvy7wv&pp=gaqb crypto strategies https://www.youtube.com/watch?v=wfqd0pmzz39C&list=PLP_YVSVWPHL6D3Z92t6vfaa5xszakzy37&pp=gaqb Crypto Investing Tips https://www.youtube.com/watch?v=nznxkffbv7q&list=PLP_YVSVWPHL7OHBNYTST7JGEM9R9VZNIV&PP=GAQB CRYPTO TRADING TIPS https://www.youtube.com/watch?v=csjbqzzq6Pe&list=PLP_YVSVWPHL55GA5X1Gng_5cpcfxghsbv&pp=gaqb crypto indicators https://www.youtube.com/watch?v=0mszhzfzbwy&list=PLP_YVSVWPHL40sbjfuslxin8Qthoywftj&pp=gaqb gcash https://www.youtube.com/watch?v=SAXM1jgaj_g&list=pplp_yvsvwphl4uuk08uk-tirdlepnqnlo&pp=gaqb ** disclaimer ** cryptocurrency investments carry a high degree of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrencies, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results. No representation is being made that any investment will or is likely to achieve profits or losses similar to those discussed on this website. The content on this YouTube channel (Pinoy Crypto Trader) is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. We have taken reasonable measures to ensure the accuracy of the information on the website; However, we do not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.