Price predictions of the Pi Alcista Network, Shiba Inu Shibarium reaches a new mile

TL; Dr.

• Pi Network (PI) recovered briefly above $ 0.60 on May 1, with some market observers that predict greater profits.
• The Shiba Inu starter exploded through a new milestone, pointing out a strong user participation, although Shib’s price remains red on a weekly scale.
• Dogecoin (Doge) has about $ 0.18, with analysts who look at a break in the following days.

What could be next for Pi?

Pi began to May on the right foot, witnessing a solid increase in daily prices, since it temporarily crossed $ 0.60. The Renaissance has infused enthusiasm throughout the community, with some analysts who predict additional profits In the near future.

A user on the Social Network Platform X said that PI has been operating from $ 0.50 and $ 0.70 lately, calling this range “a good accumulation zone.” That said, They believe that a rally is imminent, pointing to a movement of up to $ 5. Moon Jeff, a usual commentator about Pi, echoed this opinion.

In addition, Pi News (an X account that presents news related to Pi Network) suggested the assessment of the asset “can go beyond your imagination at any time.” This based on the unpredictable nature of cryptographic markets, referring to the recent Alpaca Price explosion Of more than 2,000% in just one week, although it crashed with the same speed.

Meanwhile, the last hours have offered another mild correction for Pi, which fell under the $ 0.60 mark again.

Shibarium progress

The Siba Inu layer 2 scale solution remains a tendency issue in cryptographic space, often exceeding different milestones. A month ago, the number of transactions processed in Shibarium exceeded one billion.

Only one A few days ago, the total number of wallet addresses that have interacted with the protocol since its launch in August 2021 arising past 200 million.

Greater activity in Shibarium signals improved user participation within the Shiba Inu ecosystem, and aCacordant For some industry participants, the additional advance of the L2 Blockchain solution could lead to a rally for the meme currency.

Despite the recent milestone, Shib remains red on a weekly scale, which currently lies at approximately $ 0.00001346 (according to Coingcko data).

In incoming pump for dogas?

Let’s take a close look at the biggest rival of Shiba Inu: Dogecoin (Doge). The largest meme coin, with a market capitalization of almost $ 27 billion, saw its price increase by 16% in the last two weeks, and at the time of writing this, it is around $ 0.18.

Some analysts believe that there is much more space for short and medium term growth. The X user operator fictional That Dege had completed a break when crossing $ 0.175, predicting an ascent of more than $ 0.20 in the following days.

Cryptobullet and Crypto Patel were also optimistic. The first imagined a cycle of more than $ 3.20 for the end of the year, while the second established a huge objective of $ 32. The projection of two digits seems very unlikely at this stage, since it would require that Dogecoin market capitalization shoot over the ridiculous $ 4 billion.