Plian (PI) is a proof of stake multi-chain primarily aimed at removing the technical barriers associated with the adoption of decentralized finance (DeFi). Being multi-chain, it supports Ethereum virtual machines, maintains fast and dynamic shards, and guarantees programmable financing.
As a protocol network, PI crypto provides developers with a familiar set of tools to enable complex testing and launching of DApps, thereby adding on-chain oracles and creating new technologies for the future. It is supposed to be done.
Plian’s unique technology aims to sponsor Pizzap, a community-managed decentralized swap, to provide the DeFi economy with trust and unmatched scalability and to gain liquidity. According to CoinMarketCap, the 999th cryptocurrency on July 13 witnessed a 2.08% rise at 10:50 am (GMT +1).
Why PI Crypto Rally?
The exact reason for the PI crypto surge is still unknown, but it seems to be gaining momentum following a weekly rise of 11.7%. Given that the overall crypto market fell on July 13, PI crypto investors must be encouraged by this rally.
If you look at the chart, you can see that the momentum is on the PI crypto side, the MACD line is pointing up, and there is a large gap between the signal lines.
Image Credit: Trading View
Even the RSI seems to be interested in tokens by investors, showing an increase in market activity. During the daytime trading session on Wednesday, the RSI of the Plian crypto was 54.70.
Image Credit: Trading View
Looking at the momentum of 100 and 200 days shows that the price of tokens can reach 0.0051859 and 0.0067304, respectively.
According to CoinMarketCap, the PI cryptocurrency traded at US $ 0.004034 in one day, with a trading volume of US $ 28,064.64. The market capitalization of the unique token is US $ 36,46,583, and 90,39,59,464 PI coins are in circulation.
Investors should keep in mind that the crypto market is in the most volatile state, given its recent trends, even if the indicators show sustained momentum. Cryptographic prices fluctuate wildly every day, so proper market research is needed to ensure that the pitfalls are avoided.
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