Despite recent inflows into Bitcoin and Ethereum ETFs signaling broader market recovery, Pi Network's native token (PI) continues to struggle near all-time lows. PI currently trades at $0.363-$0.364, down 9.04% weekly and 88% below its February peak of $2.99. Technical indicators reveal bearish momentum: PI trades below all key EMAs (20-day at $0.40, 50-day at $0.47, 200-day at $0.60), with MACD confirming downward pressure. Analysts warn failure to break the $0.42 resistance could trigger a 6-8% drop to $0.30-$0.32 by mid-August.
Meanwhile, Remittix (RTX) gains significant traction ahead of its Q3 beta wallet launch. On-chain data shows surging transaction volume and whale accumulation, driven by its hybrid payment protocol supporting 40+ cryptocurrencies and 30+ fiat currencies. The project's focus on real-world utility—targeting the $190T global remittance market—and CertiK-audited security have fueled predictions of 100x gains. RTX's current presale offers a 40% bonus and a $250,000 giveaway, accelerating retail investor migration from PI.