A decentralized payment app called Zypto has added Pi Coin (PI) support to its mobile platform so “pioneers” can now use their assets to cover their day-to-day expenses via its physical and virtual VISA cards.
New use cases for this token favor a bullish Pi Coin price prediction. The Zypto payment app is supported in more than 10 countries at the time of writing and supports more than 24,000 cryptocurrencies.
In addition, Zypto has launched an interoperable Pi-based decentralized application (dApps) through which users can swap their Pi tokens for other assets.
The news comes roughly a week after Pi Day, an event held by the development team in which they shared with the community some new features and updates.
Pi has been criticized for its lack of ecosystem growth initiatives following the launch of its public mainnet in February. This collaboration with Zypto could help ease the decline that Pi Coin has experienced lately as its supply has been expanding rapidly.
Pi Coin Price Prediction: PI Could Rise to $0.57 If This Key Support Holds
In the past 7 days, Pi Coin has retreated by more than 12% but seems to have found strong support at $0.4750.
The token has already bounced two times off this level and could be entering a phase of accumulation ahead of further ecosystem news.
In the 4-hour chart, the price has moved off its falling wedge but not with sufficient strength to confirm a bullish breakout.
Both the 9-day and 21-period exponential moving averages (EMAs) remain on a downtrend while the token is trading below its 200-day EMA as well.
The $0.4750 is the most critical level to watch for Pi as a drop below this area could push the token to a new all-time low.
This Zypto announcement favors a bullish Pi Coin price prediction as it could help PI in bouncing off this area and retest the $0.57 target shown in the chart.
A full recovery to $1 seems difficult at the time, especially as Pi’s daily token unlocks will continue to be quite high during the next couple of weeks or so according to data from PiScan.
However, as the rate at which its supply is expanding decreases, the market could start to assign more weight to this kind of announcement.
While Pi continues to struggle, Bitcoin-linked crypto presales are gaining traction. BTC Bull Token (BTCBULL) is a standout example, having already raised over $8 million and attracting growing investor interest.
BTC Bull Token (BTCBULL) Hands Over Rewards Based on How Bitcoin Performs
Bitcoin is currently trading at $110,000, bringing it closer to the first reward milestone set by BTC Bull Token (BTCBULL) — a meme coin designed to reward Bitcoin holders with passive income.
BTCBULL’s unique system offers two types of incentives: Bitcoin airdrops and token burns.
The structure is simple. Starting from a $100,000 BTC baseline, new rewards are unlocked every time Bitcoin gains another $25,000.
At $125,000, a portion of BTCBULL’s supply will be permanently burned, reducing circulation and potentially boosting the token’s price.
Next up, once the top crypto reaches $150,000, token holders will receive a direct BTC airdrop in their wallets where they hold BTCBULL in correspondence to the number of tokens that they hold.
To buy $BTCBULL, head to the BTC Bull Token website and connect your wallet (e.g. Best Wallet).
You can either swap USDT or ETH or use a bank card to invest.
The post Pi Coin Price Prediction – Pi Network Gains DeFi Momentum With Zypto Integration: Is a Full Recovery on the Table? appeared first on Cryptonews.
