{"id":58485,"date":"2025-04-11T08:17:49","date_gmt":"2025-04-11T08:17:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=58485"},"modified":"2025-04-11T08:17:49","modified_gmt":"2025-04-11T08:17:49","slug":"pi-network-pi-price-predictions-important-ripple-xrp-developments-and-more-recap-april-11","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=58485","title":{"rendered":"Pi Network (PI) Price Predictions, Important Ripple (XRP) Developments, and More: Recap April 11"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

PI rose 8% in the last week to just under $0.60 but stays in a downtrend on a longer timeframe.\u00a0While some expect a rebound above $2.50, the scheduled unlock of 160M tokens this month could trigger selling pressure.<\/span>
\n Ripple acquired Hidden Road for $1.25B and made progress on the legal front with the SEC. XRP\u2019s price struggles to reclaim $2, while Standard Chartered predicted a massive surge to $12.50 in the next few years.<\/span>
\nDOGE slid 4% in the past seven days to $0.15. Whales dumped over 1.3 billion tokens earlier this week, which could lead to a further slide.<\/p>\n

<\/a><\/span><\/h2>\n

Where\u2019s PI Headed Next?<\/h2>\n

The native token of Pi Network witnessed massive volatility in the past week, with its price ranging between $0.40 and almost $0.75. Currently, it trades just south of $0.60 (per CoinMarketCap\u2019s data), representing an 8% weekly increase. However, the asset remains in a massive downtrend since the all-time high of nearly $3 registered<\/a> in February.<\/span><\/p>\n

Despite the overall slump, some market observers remain optimistic that PI could chart new solid gains <\/span>in the near future<\/span>. Earlier this week, the X user MOON JEFF <\/span>noted<\/span><\/a> the coin\u2019s resurgence following Donald Trump\u2019s 90-day suspension on most new tariffs, envisioning the formation of a V-shaped curve that might result in a pump above $2.50.\u00a0<\/span><\/p>\n

On the other hand, the analyst warned<\/a> about the increased\u00a0<\/span>number of PI tokens scheduled for an unlock later this month. As\u00a0CryptoPotato<\/em>\u00a0recently\u00a0reported<\/a>, the total number of tokens released throughout the <\/span>month will be over 160 million.<\/span><\/p>\n

Almost 10 million PI <\/span>are set<\/span> to be freed up <\/span>on April 18<\/span>, marking the record day. <\/span>The substantial unlock this month<\/span> could lead to a price drop if holders choose to sell their long-awaited assets.<\/span><\/p>\n

PI\u2019s current circulating supply is around 6.86 billion tokens, but more than 5.1 billion <\/span>are still locked<\/span> as mining rewards.<\/span><\/p>\n

Recent Ripple Developments<\/span><\/h2>\n

On April 8, the company behind XRP <\/span>announc<\/span><\/a>ed<\/a> a whopping $1.25 billion deal to acquire the leading brokerage firm Hidden Road.\u00a0<\/span><\/p>\n

\u201cWith the acquisition, Ripple becomes the first crypto company to own and operate a global, multi-asset prime broker.<\/span><\/p>\n

Hidden Road is one of the fastest-growing prime brokers around the world, offering institutions a one-stop-shop of advanced services, including clearing, prime brokerage, and financing across foreign exchange (FX), digital assets, derivatives, swaps, and fixed income,\u201d the company\u2019s official disclosure reads<\/span><\/a>.<\/span><\/p>\n

Ripple has also made progress on the legal front, recently <\/span>shaking hands<\/span><\/a> with the US Securities and Exchange Commission to hold the appeal and cross-appeal on their lawsuit. The company will not file its appellate brief <\/span>on April 16<\/span> (as previously expected), while many industry participants believe the development is the final step before the official conclusion of the case.<\/span><\/p>\n

XRP experienced little to no volatility on the latest update, and as of this writing, it trades just below the psychological level of $2.<\/p>\n

The<\/span> asset has been the subject of numerous bullish forecasts <\/span>over the past few days<\/span>, with Standard Chartered <\/span>projecting<\/span><\/a> a surge to $5.50 this year and $12.50 by the end of 2028 (just before the end of Trump\u2019s presidential term).<\/span><\/p>\n

Meanwhile, Ali Martinez recently <\/span>estimated<\/span><\/a> that \u201cthe XRP network is growing stronger,\u201d with the total number of addresses holding at least one XRP hitting an all-time high of 6.26 million. The growth suggests rising adoption and investor confidence. It also indicates that more individuals or entities are accumulating in anticipation of a potential price rise.<\/span><\/p>\n

How\u2019s DOGE Doing?<\/span><\/h2>\n

The biggest meme coin has underperformed in the past week, with its price dipping by 4% to $0.15.\u00a0<\/span><\/p>\n

The latest actions of\u00a0<\/span>large investors signal that a further slump might be on the way. Earlier this week, whales\u00a0offloaded<\/a> over 1.3 billion DOGE in\u00a0<\/span>48 hours.<\/span><\/p>\n

Such a selling spree increases the token\u2019s circulating supply and could <\/span>be followed<\/span> by a price decline (if demand doesn\u2019t react accordingly). It may trigger panic within the community, prompting smaller investors to sell and add further downward pressure on the valuation.<\/span><\/p>\n

The post Pi Network (PI) Price Predictions, Important Ripple (XRP) Developments, and More: Recap April 11<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PI rose 8% in the last week to just under $0.60 but stays in a downtrend on a longer timeframe.\u00a0While some expect a rebound above $2.50, the scheduled unlock of 160M tokens this month could trigger selling pressure. Ripple acquired Hidden Road for $1.25B and made progress on the legal front with the SEC. […]<\/p>\n","protected":false},"author":0,"featured_media":58486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58485"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58485"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/58486"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}