Though the broader crypto market is experiencing a major downturn, with its market cap dropping $450 billion from March third to at present, 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 buyers 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 aim of bettering Solana’s scalability, because it intends to launch a Layer 2 blockchain. Nonetheless, buyers don’t have lengthy to enter the presale on the bottom ground, as its dynamic pricing mannequin sees its per-token worth rise over time.
PI Loses Assist on the $1.28 Degree and Comes Crashing Down – Will a Additional Downturn Observe?
After six years of improvement in a better setting that noticed Pi Community fans 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 stay, it reached its ATH of $2.98 on February twenty sixth. Whereas its worth solely dropped since, the token loved sturdy help on the $1.28 stage, which it misplaced at present.
At present, 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 making ready for an additional downturn, anticipating PI to achieve $0.8, which he sees as a powerful shopping for zone.
$PI is buying and selling beneath help.The following help is at $0.6-$0.7
I will likely 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 additional dip in its worth, 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 Venture’s Focus On Group Development
Solaxy is presently boasting $26.8 million raised with room for extra development because the presale nears its remaining stage. The challenge’s advertising and marketing efforts, fueled by 15% of the entire token provide, are additionally displaying spectacular outcomes, as Solaxy enjoys the help of over 82,700 followers throughout its X (Twitter) and Telegram channels.
The hype surrounding Solaxy stems from its bold aim of launching a Layer 2 blockchain that may assist Solana cope with its congestion points by bundling transactions and processing them off-chain. Enhancing Solana’s scalability may lead to sooner transactions and decrease gasoline charges, so it’s no shock buyers are speeding to safe their share of SOLX forward of its launch.
Jacob Crypto Bury, a member of the 99Bitcoins staff of crypto consultants, believes Solaxy is ready for an explosive launch, pointing to the energy 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 begin accumulating SOLX throughout the presale.
Solaxy Places Investor Safety First – Right here’s Enter the Presale and Earn Extra SOLX Passively
Because the Solaxy presale progresses via levels, the SOLX per-token worth will increase, with the ultimate stage scheduled to deliver it as much as $0.0169, in keeping with the challenge’s whitepaper.
At present, SOLX prices $0.01666 every, and buyers can buy it utilizing SOL, ETH, USDT, or a credit score or debit card through 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 most effective sensible contract safety practices, with no points present in its code. Moreover, 10% of the entire token provide is put aside for liquidity, which helps mitigate the dangers sometimes related to early-stage token investments.
To maximise their funding, buyers can benefit from the challenge’s 152% staking APY by locking their tokens within the staking pool. Nonetheless, as buyers stake extra SOLX, the yield decreases, making certain early backers get the most effective rewards.
Solaxy’s early presale success and distinctive place available in the market give it a strong likelihood to blow up on launch, and since its presale is nearing the ultimate stage, this might be the most effective time to begin investing in SOLX.
