Though the broader crypto market is experiencing a big downturn, with its market cap dropping $450 billion from March third to in the present day, 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 almost $1 million raised over the previous 7 days because it approaches the $27 million mark.
The challenge is popping heads with its objective 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 Assist on the $1.28 Stage and Comes Crashing Down – Will a Additional Downturn Observe?
After six years of improvement in a more in-depth atmosphere 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 reside, it reached its ATH of $2.98 on February twenty sixth. Whereas its value solely dropped since, the token loved robust assist on the $1.28 stage, which it misplaced in the present day.
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 succeed in $0.8, which he sees as a robust shopping for zone.
$PI is buying and selling beneath assist.The subsequent assist is at $0.6-$0.7
I can be shopping for extra at $0.8. #PiNetwork pic.twitter.com/ZHa2E78y3B
— MOON JEFF 🪐 (@CRYPTOAD00) March 18, 2025
PI’s 14-day Relative Power 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% throughout the sell-off indicating heightened volatility, there’s potential for the token to enter the oversold territory if the worth continues to fluctuate, which may sign the start of future upward momentum.
Knowledgeable Sees 10X Potential in Solaxy and Commends the Undertaking’s Focus On Neighborhood Development
Solaxy is at present boasting $26.8 million raised with room for extra development because the presale nears its ultimate stage. The challenge’s advertising and marketing efforts, fueled by 15% of the whole token provide, are additionally exhibiting spectacular outcomes, as Solaxy enjoys the assist of over 82,700 followers throughout its X (Twitter) and Telegram channels.
The hype surrounding Solaxy stems from its formidable objective of launching a Layer 2 blockchain that can assist Solana take care of 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 speeding to safe their share of SOLX forward of its launch.
Jacob Crypto Bury, a member of the 99Bitcoins workforce of crypto consultants, believes Solaxy is ready for an explosive launch, pointing to the power of its group.
The professional additionally highlighted Solaxy’s partnership with Greatest Pockets, which beforehand endorsed Pepe Unchained (PEPU), a challenge that developed a Layer 2 resolution 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 start out accumulating SOLX throughout the presale.
Solaxy Places Investor Safety First – Right here’s The right way to Enter the Presale and Earn Extra SOLX Passively
Because the Solaxy presale progresses by phases, the SOLX per-token value will increase, with the ultimate stage scheduled to carry it as much as $0.0169, in keeping with the challenge’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 by way of the presale web site. These utilizing Greatest Pockets also can swap their BNB for SOLX.
Concerning safety, the challenge handed an audit by Coinsult, which confirmed it meets the perfect good contract safety practices, with no points present in its code. Moreover, 10% of the whole 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 benefit from the challenge’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 perfect rewards.
Solaxy’s early presale success and distinctive place out there give it a stable probability to blow up on launch, and since its presale is nearing the ultimate stage, this may very well be the perfect time to start out investing in SOLX.
