Pi Coin、DEX 和 AMM：以真正的纽约风格畅游 DeFi 地平线

以DEX和AMM测试网为标志的Pi Coin的DeFi之旅既面临乐观，也面临挑战。让我们以纽约的态度来剖析这些趋势。

Yo, what's up with Pi Coin? The buzz is all about its moves into the wild world of DeFi, with DEX and AMM functionalities hitting the testnets. But is it all smooth sailing? Let's break it down, NYC style.

哟，Pi币怎么了？热门话题是它进军 DeFi 的狂野世界，DEX 和 AMM 功能登陆了测试网。但这一切都一帆风顺吗？让我们来分解一下，纽约风格。

Pi Coin Price: Will It Pop or Drop?

Pi币价格：会上涨还是下跌？

The Pi coin price is playing around $0.213, trying to bust through resistance at $0.228. Some folks are seeing bullish signs, like a MACD crossover, hinting at a potential jump to $0.28, or even a wild 70% rally towards $0.36. That's some serious cheddar, if it happens.

Pi 币价格目前在 0.213 美元左右，试图突破 0.228 美元的阻力位。一些人看到看涨迹象，例如 MACD 交叉，暗示价格可能跃升至 0.28 美元，甚至狂涨 70% 至 0.36 美元。如果发生的话，那就是一些严重的切达干酪。

But hold up, not everyone's convinced. If it can't break through that resistance, we might see a dip back to $0.208. Plus, there was a recent slump to $0.2088, down almost 12% in a week, with the market cap taking a hit. The initial hype from the DeFi testnet seems to be fading, and traders are getting antsy about technical risks and inflation. Word on the street is, caution is the name of the game.

但坚持下去，并不是每个人都相信。如果它不能突破该阻力位，我们可能会看到回落至 0.208 美元。此外，最近跌至 0.2088 美元，一周内下跌近 12%，市值受到打击。 DeFi 测试网最初的炒作似乎正在消退，交易者对技术风险和通胀感到不安。坊间流传的说法是，谨慎就是游戏的名称。

DEX and AMM: Adding Some Spice to the Ecosystem

DEX 和 AMM：为生态系统增添一些趣味

Pi Network dropped its DEX and AMM testnets, letting users play around with token swaps and liquidity pools. This is supposed to make Pi Coin more useful, giving it some real-world swagger. The mainnet upgrade, expected in Q4 2025, is also generating buzz, promising better scalability and speed. They're aligning with Stellar Core v23.0.1, which should boost performance. That Protocol 23 could seriously improve throughput, which is crucial.

Pi Network 放弃了 DEX 和 AMM 测试网，让用户可以尝试代币互换和流动性池。这应该会让 Pi 币变得更有用，让它在现实世界中更加耀眼。预计于 2025 年第四季度进行的主网升级也引发了热议，有望带来更好的可扩展性和速度。他们正在与 Stellar Core v23.0.1 保持一致，这应该会提高性能。 Protocol 23 可以极大地提高吞吐量，这一点至关重要。

Community interest spiked with the DeFi rollout, driving up engagement and demand. But, some analysts think Pi Core Team need to consider token buybacks or burns to boost liquidity.

随着 DeFi 的推出，社区兴趣激增，提高了参与度和需求。但是，一些分析师认为 Pi Core 团队需要考虑代币回购或销毁以提高流动性。

The Long Game: Upgrades and Optimism

长期游戏：升级和乐观

Despite the recent price hiccups, market sentiment is generally positive, especially with the mainnet upgrade on the horizon. People are hoping for improved utility, which could pump up the long-term price forecasts for Pi Coin. The DeFi ecosystem's expansion is also fueling optimism. If Protocol 23 lands smoothly in Q4 2025, broader adoption could follow.

尽管最近价格出现波动，但市场情绪普遍乐观，尤其是在主网升级即将到来的情况下。人们希望提高实用性，这可能会提高 Pi 币的长期价格预测。 DeFi 生态系统的扩张也引发了乐观情绪。如果第 23 号协议在 2025 年第四季度顺利落地，那么可能会得到更广泛的采用。

However, traders are cautious. The RSI is oversold, but buyers ain't exactly rushing in. The MACD is still negative, and the market mood is wary. Immediate support is at $0.20, but if that breaks, we could see a deeper fall to $0.18. Until a real catalyst emerges, expect choppy action and volatility.

不过，贸易商持谨慎态度。 RSI 超卖，但买家并未大量涌入。MACD 仍为负值，市场情绪谨慎。直接支撑位为 0.20 美元，但如果突破该支撑位，我们可能会看到进一步下跌至 0.18 美元。在真正的催化剂出现之前，预计会出现波动和波动。

IdleTradeX: A New Player in the Game

IdleTradeX：游戏中的新玩家

There's also this IdleTradeX thing, a decentralized marketplace for second-hand goods using blockchain tech. It mixes NFT authentication, RWA tokenization, and on-chain settlement, aiming to make trading used items safer and more transparent. They're using smart contracts, AI-powered item estimation, and a point rewards system to make trading easier and more trustworthy. It's a step in the right direction, blending real-world assets with digital currency.

还有 IdleTradeX，这是一个使用区块链技术的去中心化二手商品市场。它混合了 NFT 认证、RWA 代币化和链上结算，旨在使二手物品交易更安全、更透明。他们使用智能合约、人工智能驱动的物品估算和积分奖励系统来使交易变得更容易、更值得信赖。这是朝着正确方向迈出的一步，将现实世界的资产与数字货币融合在一起。

Final Thoughts: Keep Your Eyes Peeled

最后的想法：保持警惕

So, what's the verdict? Pi Coin's DeFi adventure is a mixed bag. The DEX and AMM testnets are promising, but the price action has been shaky. The mainnet upgrade could be a game-changer, but traders are staying cautious. Whether Pi Coin becomes a DeFi superstar or just another flash in the pan remains to be seen. Keep your eyes peeled and stay sharp, New York!

那么，判决是什么？ Pi Coin 的 DeFi 冒险可谓喜忧参半。 DEX 和 AMM 测试网前景广阔，但价格走势却不稳定。主网升级可能会改变游戏规则，但交易者保持谨慎。 Pi Coin 是否会成为 DeFi 超级明星，还是只是昙花一现，还有待观察。纽约，请擦亮眼睛，保持敏锐！