{"id":63646,"date":"2025-05-02T09:11:18","date_gmt":"2025-05-02T09:11:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=63646"},"modified":"2025-05-02T09:11:18","modified_gmt":"2025-05-02T09:11:18","slug":"bullish-pi-network-price-predictions-shiba-inus-shibarium-hits-a-new-milestone-and-more-bits-recap-may-2","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=63646","title":{"rendered":"Bullish Pi Network Price Predictions, Shiba Inu\u2019s Shibarium Hits a New Milestone, and More: Bits Recap May 2"},"content":{"rendered":"

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

Pi Network (PI) briefly rebounded above $0.60 on May 1, with some market observers predicting further gains.<\/span>
\nShiba Inu\u2019s Shibarium blasted through a fresh milestone, signaling strong user engagement, though SHIB\u2019s price remains in the red on a weekly scale.<\/span>
\nDogecoin (DOGE) is holding around $0.18, with analysts eyeing a breakout in the following days.<\/span><\/p>\n

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

What Could Be Next for PI?<\/h2>\n

PI started May on the right foot, witnessing a solid daily price increase as it temporarily crossed $0.60. The revival has infused enthusiasm across the community, with some analysts predicting<\/a> additional gains <\/span>in the near future<\/span>.\u00a0<\/span><\/p>\n

One user on the social media platform X pointed out that PI has been trading sideways between $0.50 and $0.70 lately, calling this range \u201ca good accumulation zone.\u201d <\/span>That said,<\/span> they believe a rally is imminent, targeting a move up to $5.<\/span> MOON JEFF, a regular commentator on PI, echoed this view.\u00a0<\/span><\/p>\n

Additionally, Pi News (an X account presenting news related to Pi Network) suggested the asset\u2019s valuation \u201ccan go beyond your imagination anytime.\u201d They based this on the unpredictable nature of crypto markets, referencing ALPACA\u2019s recent <\/span>price explosion<\/span><\/a> of over 2,000% in just a week, though it crashed just as quickly.<\/span><\/p>\n

Meanwhile, the past several hours have offered another mild correction for PI, which dipped under the $0.60 mark again.<\/span><\/p>\n

Shibarium\u2019s Progress<\/span><\/h2>\n

Shiba Inu\u2019s layer-2 scaling solution remains a trending topic in the crypto space, frequently surpassing different milestones. A month ago, the number of transactions processed on Shibarium <\/span>exceeded<\/span><\/a> one billion.\u00a0<\/span><\/p>\n

Just a<\/span> few days ago, the total number of wallet addresses that have interacted with the protocol since its launch in August 2021 <\/span>surged<\/span><\/a> past<\/span> 200 million.<\/span>\u00a0<\/span><\/p>\n

Increased activity on Shibarium signals enhanced user engagement within the Shiba Inu ecosystem, and a<\/a><\/span>ccording<\/span><\/a> to some industry participants, further advancement of the L2 blockchain solution could lead to a rally for the meme coin.\u00a0<\/span><\/p>\n

Despite the recent milestone, SHIB remains in the red on a weekly scale, currently trading at roughly $0.00001346 (per CoinGecko\u2019s data).\u00a0<\/span><\/p>\n

Incoming Pump for DOGE?<\/span><\/h2>\n

Let\u2019s now take a closer look at Shiba Inu\u2019s biggest rival \u2013 Dogecoin (DOGE). The biggest meme coin, with a market capitalization of almost $27 billion, saw its price jump by 16% in the past two weeks, and as of this writing, it\u2019s hovering around $0.18.\u00a0<\/span><\/p>\n

Some analysts believe there is much more room for growth in the short and medium term. The X user Trader Tardigrade <\/span>assumed<\/span><\/a> that DOGE had completed a breakout when crossing $0.175, forecasting an ascent beyond $0.20 in the following days.\u00a0<\/span><\/p>\n

CryptoBullet and Crypto Patel were also bullish. The former envisioned a cycle top of over $3.20 by the end of the year, while the latter set a whopping target of $32. The double-digit projection seems highly unlikely at this stage, as it would require Dogecoin\u2019s market cap to skyrocket above the ridiculous $4 trillion.\u00a0<\/span><\/p>\n

The post Bullish Pi Network Price Predictions, Shiba Inu\u2019s Shibarium Hits a New Milestone, and More: Bits Recap May 2<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Pi Network (PI) briefly rebounded above $0.60 on May 1, with some market observers predicting further gains. Shiba Inu\u2019s Shibarium blasted through a fresh milestone, signaling strong user engagement, though SHIB\u2019s price remains in the red on a weekly scale. Dogecoin (DOGE) is holding around $0.18, with analysts eyeing a breakout in the following […]<\/p>\n","protected":false},"author":0,"featured_media":63647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63646","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\/63646"}],"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=63646"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/63647"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}