- Topic
21k Popularity
5k Popularity
15k Popularity
555 Popularity
338 Popularity
4k Popularity
5k Popularity
9k Popularity
11k Popularity
44k Popularity
- Pin
- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
🎁 Complete simple tasks, get up to 13.2 GT per user
📅 From July 8 to July 20
👉 Join now + trade futures to qualify: https://www.gate.com/campaigns/1431
- 📢 #Gate Square Writing Contest Phase 1# is now officially launched!
Share your unique insights on the CROSS project and stand a chance to win $500 worth of CROSS rewards!
💰 Rewards:
1st Prize (1 winner): $150 worth of CROSS
2nd Prize (3 winners): $50 worth of CROSS each
3rd Prize (10 winners): $20 worth of CROSS each
👉 How to Participate:
1. Publish your unique insights on the CROSS project in Gate Square.
2. Add the tag #Gate Square Writing Contest Phase 1# to your post (minimum of 300 words).
3. Share your article or insights on X with the tags: Gate Square & CROSS.
Essay Content Directio
- 🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
📝 Share your trading experience on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 End at: July 9, 16:00 UTC
Show off your trading on Gate Squ
- 🚀 Calling all Gate Square content creators!
Join the Gate 2025 Mid-Year Gala to become a top creator
Win Gate x Red Bull merch, $1,000 Futures Vouchers, VIP+1, and fan-exclusive rewards!
Sign up now 👉 www.gate.com/activities/community-vote
#GateSquare#
Pi Network (PI) Price Prediction: Whale Purchases 2 Million Tokens to Address Rising Supply Pressure
Pi Network (PI) has seen two whale transactions purchasing over 2 million Pi coins. Nevertheless, the technical outlook still shows a bearish tendency, potentially testing the $0.40 level again.
As the level of CEX rises, Whales begin to buy frantically
Data from PiScan shows that the wallet balance of centralized exchanges (CEX) has increased to 373.6 million Pi coins, with a net inflow of 2.41 million Pi coins in the past 24 hours. The increase in CEX deposit amounts indicates that investors' selling pressure has increased.
Against the backdrop of rising supply pressure, significant transactions in the past 24 hours highlighted two Whale transactions that withdrew more than 2 million Pi coins from the exchange.
"GASWBD…J2AODM" withdrew 1.66 million Pi coins, while "GBVD3M…4ZLRVM" received 400,000 Pi coins. It is worth noting that the whale "GASWBD…J2AODM" has withdrawn 7.92 million Pi coins in the past five days.
The purchase volume of Whales nearly matches the total supply inflow across all exchanges, indicating increased confidence.
Pi coin price analysis: Bullish momentum weakens, expected to retest 0.40 USD
FXStreet analyst Vishal Dixit stated that as the Pi coin failed to recover from last week's 12% fall, its downtrend is targeting the $0.40 integer level tested on June 13.
Technical indicators remain sluggish, with the relative strength index (RSI) hovering around 33 on the daily chart, slightly above the oversold boundary. A fall below the oversold boundary of 30 would indicate increased selling pressure.
The Moving Average Convergence Divergence (MACD) indicator shows that the MACD is on a downward trend, with the signal line in the negative territory. However, the reduction of the red histogram suggests a possible crossover, and cautious investors may consider a buy signal.
However, to restart the upward trend, PI coin must overcome Friday's bearish candlestick and the daily closing price must break through the psychological barrier of 0.50 USD. In this case, the upward trend of PI coin may reach the 0.54 USD level tested on June 29.
(Source: Trading View)