Potential Pi Network Value: Top Altcoins Under $1 to Consider This October

crypthub

about 21 hours ago

Pi Network’s Current Status

Pi Network's valuation has significantly dropped, currently trading near $0.2326 with dwindling volume. Community feedback highlights slow progress and unclear plans, impacting buyer interest. Protocol 23, aligning with Stellar Core v23.0.1, is seen as a potential turning point, aiming to enhance scalability and introduce DeFi tools. Tokenomics improvements and buybacks are needed to restore confidence.

Protocol 23 and Potential Improvements

The upcoming Protocol 23 upgrade aims to address scalability and efficiency issues, including DeFi functionality. Technical indicators suggest a possible price bounce, further aided by smaller token unlocks and self-custody features. Successfully implementing this upgrade is critical, but liquidity challenges may require additional measures for sustained recovery.

Remittix: An Emerging Alternative

Remittix is gaining traction as a practical alternative, currently priced at $0.1130 with strong utility. This PayFi network facilitates crypto-to-fiat transfers, verified by CertiK, and offers a live wallet beta. Its focus on a functioning utility and real-time transfers provides a clear contrast to Pi Network’s current state.

Remittix's Momentum and Security

With over 676 million tokens sold and $27.2 million raised, Remittix demonstrates momentum and investor confidence. Its ranking #1 on CertiK ensures code verification and team validation, fostering a secure investment environment. The project's recent exchange listings and a $250,000 giveaway further highlight its progress.