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Pi Slides on Heavy Volume as Remittix Presale Reports $26.3M, Live Beta Wallet

Analyst views diverge on Pi after a steep daily drop, with skeptics citing the not fully open mainnet.

Overview

  • Pi trades near $0.29 after falling about 16.6% on the day, with market cap around $2.43 billion and volume spiking to roughly $128.6 million.
  • About half of cited analysts reportedly forecast a potential $0 Pi price by 2026, reflecting a sharply split outlook.
  • Skeptics highlight the absence of a fully open mainnet, while supporters point to Pi’s large user base and hopes for broader app development.
  • Remittix reports raising more than $26.3 million in its presale, selling over 668 million tokens at $0.1130, and says a beta wallet is live with 40+ cryptocurrencies, 30+ fiat currencies and direct bank transfers in 30+ countries.
  • The project also cites a CertiK audit, a #1 pre-launch ranking and announced listings on BitMart and LBank, though some coverage is sponsored and these claims have not been independently verified.