Pi Network vs Yeti Ouro: Why Investors Are Switching for 208x Potential Returns [Latest Analysis]
When the crypto market tells the story of the investors and their migrations from Pi Network to Yeti Ouro, there seems to be a certain draw in the 208-times greater potential of the latter and the integration of brand new gaming ideas, which did not go unnoticed by the crypto community.
A recent analysis of the market report shows Pi Network's daily falls as 18.38% and as much as 50% throughout the month to be the problem, while on the other hand, Yeti Ouro is like the sunbeam in the dark room, whose presale phase proved successful with over $3.3M raised.
The question is: what are the main features of Yeti Ouro? Non-exploited tokenomics and SOLIDProof audit verification being the most important two, the Yeti Go project, a P2E racing game that has been conceived by developers of the industry that had worked or were still working in Dead Space and Call of Duty. The strategy of a good partnership and clear implementation plan makes Yeti Ouro be a gaming and blockchain technology meeting point.
Read on to learn more about the unbeatable benefits of this decision, and discover life-changing investment returns that could be waiting for you.
Understanding Pi Network's Current Market Position
The crypto market reacted and Pi Network's market performance was severely affected, being one of the most widespread observations of the latest changes in the cryptocurrency world.
One time gold of its mobile first approach policy, Pi Network has experienced a very rough ride bringing its market cap down from $13.07B to an alarming $4.03B, representing a staggering 69% slash.
This steep drop has caused many investors to become uncertain about the pi network's price direction and future existence.
It's even more worrying when we analyze the trading figures of the coin. Pi coin saw an 18.38% slump on a daily basis, which combined with a decrease of more than 50% in a month.
The incessant downfall has eroded the confidence of the holders and constricted the liquidity of the market.
It is the comparison which has intrigued many people the most
It is rather evident that while crypto assets like XRP and Shiba Inu have with the help of their teams been able to show a lot of stamina during tough markets, Pi Network indeed seems to be suffering most.
The previously announced benefit that the platform would bring a revolution in mining cryptocurrencies using smartphones has now subsided in the eyes of both recently joined and seasoned traders.
The change in the market's mood does raise a valid concern about Pi's future potential in the rapidly changing crypto market.
💡 Key Takeaways: Pi Network's not so strong market position has left it at a 69% lower group in market cap, with dwindling investor confidence being a clear turning point of the project.
Technical Analysis of Pi's Decline
Technical analysis indicators are contributing to the negative outlook for Pi coin's market performance.
The Relative Strength Index (RSI) presently depicts a value of 42.9, meaning the market is bearish and the buying pressure is reducing.
Moreover, the Moving Average Convergence Divergence (MACD) is reflecting a move into the negative region, hence confirming the continuation of decline.
Trade volume has undergone a steep decrease, a precise sign of decreasing market liquidity and less investor participation.
If we take the price action into account, we could clearly notice the pattern of creating lower highs and in sequence lower lows, which is exactly the defining characteristic of a descending channel.
Here we have technical analysts who believe that points from technical analysis are the best warning signals for new, inexperienced investors.
The pi coin's trouble is more about its structure than about a temporary situation, judging by many of the technical indicators, all of which predict a persistent trend of weaker
The project's failure to live up to technical levels has been a major factor in the absence of confidence from investors in the project.
💡 Key Takeaways: Analysis of the chart representations shows bearish signals for Pi Network thus expecting the downtrend to reach and even go beyond the all-time low in both price action and market sentiment.
Effect of Failed Binance Listing and Exchange Delistings
The coming Binance listing, that was previously so much believed to be a great force for Pi Network, was not ever realized because of not fulfilling transparency requirements.
In the case of Bybit and Bitget, the news was further enforced by getting delisted from these major exchanges.
The failure at Binance heavily affects the momentum of the project as the cryptocurrency community was very optimistic that the Binance move would have been the key for the mass adoption of the digital coin.
The elimination of the Pi options from several exchanges was a major step toward trying to get rid of the ripple effect from the market's small liquidity, leading to Pi holders purchasing less volume.
The situation has become tough for the existing and potential holders of the Pi token after the new developments on the market.
Matters of such nature must feel particularly unkind on the part of a project seeking widespread support through the virtual currency if its listing on exchanges is taken as a show of legitimacy of the project.
💡 Key Takeaways: Pi Network's notable failure in getting the green light from Binance and the resulting situation of a few exchange delistings has caused massive damage to Pi Network's presence in the market and trade access.
Pi Network's Community Exodus
The overwhelming majority of the early adopters decided to hands-off from the project, thereby indicating the loss of a solid core of the community.
The platform's special mobile-first mining practice, which managed to get more than 30 million new users in the beginning, has now become the latest thing to fall off the table.
One of the ways to gauge the community is to monitor the engagement rate of the participants of that community from the standpoint of activity and transactions. The same indicators demonstrate a trend of gradually shifting downwards.
This extirpation has been marked as a warning signal that a project has solely relied on community positivity for its survival and growth.
The lack of loyalty from the regular followers led to not just them leaving, which was rather a rippling effect, His follow-up has had even more of an impact on the newer recruits who were, therefore, even more likely to quit.
This situation is indicative of a major departure from the traditional approach to Pi Network's probable distribution in the community.
💡 Key Takeaways: Pi Network's community base faces significant depletion, and the consequent movement of early adopters and active participants to withdraw their own support.
Conclusion
A new hotly digitalized generation is configuring a cluster in the cryptocurrency arena. While the pioneering digital assets such as Bitcoins and Ethereums have revolution...
Yeti Ouro's unorthodox modus operandi for carrying out gaming merger, along with being upheld by veterans of the Dead Space and Call of Duty team, and also by its strong tokenomics strategy and the overhauls in presale, makes it a unique place to invest. The project's endeavor to provide high-level security, as shown in the SOLID Proof audit, and follow a well-thought and clear roadmap make its good name in the cryptocurrency market even firmer.
Up to 208x possible returns and a growing market cap are the signs that YETIO is much more than an ordinary token - it is a chain of gaming and blockchain technology that is very much integrated. That pool of investors wanting to increase their portfolio's possibilities would be wise to join the current presale phase and benefit from the bumper bonus program. This is the chance to be part of a project that pioneers new developments in the crypto gaming sphere. Don't be late.
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