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Pakistan’s central bank, the State Bank of Pakistan (SBP), has announced plans to launch a pilot for a central bank digital currency (CBDC) as part of its ongoing efforts to modernize the country’s financial system. Governor Jameel Ahmad confirmed the move at the Reuters NEXT Asia summit in Singapore on Wednesday. The initiative aligns with
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Pi Coin price has dropped by 26% in the last month, with this downtrend mirroring the performance of most newly-launched altcoins. However, if the trend reverses today, and PI records a steady increase in retail interest that sparks a 10% growth every month, how long would it take for the token to reach $5? Let’s find out.
Pi Coin price trades at $0.64 today, April 27, with a slight 1.2% decline in 24 hours, while trading volumes have plunged by 19% to $61M per data from CoinMarketCap.
If Pi Coin price increases by a steady rate of 10% each month starting from today, it would reach $0.71 in the next 30 days. By the end of the year, this altcoin will have surged to $1.39. However, to achieve the $5 price target, it would take Pi Network 22 months or nearly two years. This means that $5 is attainable by February 2027.
While this target is realistic and achievable, growing by a consistent rate of 10% each month is a long shot, considering that crypto assets are highly volatile. However, a rally to $5 is likely to happen as the project is surrounded by a wide range of catalysts that support a bullish Pi Network price forecast.
The first catalyst is exchange listings. As Coingape recently reported, the Pi Network community was recently excited by rumors that HTX will list Pi Coin. This listing might kickstart a flurry of new exchange listings from giants such as Binance and Coinbase, which will bolster demand for the token and spark gains to record highs.
Additionally, Pi Network is one of the sponsors for Consensus 2025, an event that will attract top institutions, including BlackRock. This kind of exposure is also bullish for PI and might kickstart a strong uptrend towards $5.
Pi Coin price is on the verge of overcoming resistance from a falling wedge pattern on the hourly chart. If this breakout occurs and PI breaks out of this pattern, the closest resistance level stands at $0.706, with a decisive close above it set to kickstart gains towards $0.706, at which point PI will have made a 10% move.
Meanwhile, the Chaikin Money Flow is rising albeit remaining negative, suggesting that the bearish momentum is weakening. This supports the likelihood of a bullish breakout happening soon. However, traders should keep an eye on the RSI line that is forming a bearish divergence and tipping south, an indication that any looming uptrend for Pi Coin will be weak due to a lack of strong buying activity.
While this hourly price chart is showing mixed sentiments towards Pi Coin price, suggesting that volatile moves are still at play, PI can still attain $5 in the next two years. This target is achievable considering the potential exchange listings and adoption. However, gaining by 10% each month remains a long shot due to the unpredictable nature of new tokens.
The post When Will Pi Coin Price Reach $5 If It Grows 10% Each Month? appeared first on CoinGape.
The post Why Have These 2 Dogecoin (DOGE) Competitors Been Touted as the Best Cryptos to Own as We Enter April 2025? appeared first on Coinpedia Fintech News
According to a recent technical study by CoinPedia, Dogecoin is in a bearish market trend right now. DOGE’s price has decreased by over 5% in the previous 24 hours alone following a loss of control over a vital support level. Given the generally unfavorable market attitude influencing the crypto industry, DOGE’s market view seems bleak, with a price of about $0.166.
Source: Tradingview
The trading volume of Dogecoin has also dropped sharply to its lowest point in 2025. This suggests that traders and investors are losing interest because it relies on speculative trading and lacks practical use. Should DOGE continue to fall below the $0.166 threshold, it may have a further decline of 18%, bringing it down to $0.136.
This drop implies that much of Dogecoin’s time in the public may be gone, so it becomes less appealing approaching April The sentiment of Dogecoin (DOGE) is declining as the crypto market moves into April 2025. Two more altcoins, Shiba Inu (SHIB) and Rexas Finance (RXS), are under praise as the finest crypto bets approaching April. For the following reasons, these two assets have been hailed as main prospects for us into April 2025.
Rexas Finance (RXS) is positioned as a strong new participant in the cryptocurrency market, as many investors are still reeling from DOGE’s poor price action. Rexas Finance is transforming the idea of tokenizing real-world assets (RWAs), including real estate, commodities, and financial instruments, unlike Dogecoin, which is essentially motivated by speculation and meme culture.
Rexas has become somewhat popular and well-known by giving investors access to historically illiquid markets. With Rexas Finance’s tokenizing strategy, anyone can invest in highly valuable assets. With Rexas, for instance, an investor might have a fraction of a $10 million real estate property for just a few hundred dollars, therefore democratizing access to markets valued at trillions of dollars. Particularly in sectors like real estate, where tokenization may offer liquidity and flexibility, this creative approach to asset management has the ability to upend sectors.
Rexas Finance has reacted well in its presale since its September 2024 introduction. In Stage 12, the project’s token price reflects a 567% rise from $0.03 to $0.20. $47,582,031 has already been raised, and the presale is nearly 91% sold out. With around 50,000 active RXS holders, Rexas is surrounded by constant FOMO (Fear of Missing Out). Rexas Finance offers investors the chance to create passive income with its range of DeFi services, including staking, yield farming, and liquidity pooling.
While the Rexas Launchpad provides early-stage investment opportunities for high-potential entrepreneurs, the project’s Rexas Token Builder system lets users quickly build and manage blockchain assets. With an initial listing price of $0.25, Rexas will debut on elite exchanges in June 2025. After the listing, experts estimate a 20,000% price rise; hence, RXS is among the most promising cryptocurrencies to purchase before the presale concludes.
Conversely, Shiba Inu (SHIB) has also shown indications of a positive comeback. Following several months of falling price action, SHIB has broken free from its downward trend and is set for a 154% increase. From its intra-month low, SHIB has already demonstrated a robust rebound of 19%; analysts predict it may reach notable resistance levels in the not-too-distant future. The present price action points Shiba Inu toward a target resistance level of $0.0000328.
Analyzers predict more price rises toward $0.00003514 as SHIB keeps gathering strength, indicating the beginning of a new bull run. With many long-term holders showing increased activity, the 784.24 trillion SHIB tokens represent great investor confidence. Another element influencing the Shiba Inu ecosystem’s capacity for a breakout is its expansion.
Network activity on the coin has surged as support levels point to SHIB perhaps about to make major gains. While DOGE has a pessimistic view and is dropping volume, SHIB is gaining momentum, setting itself up for a significant price increase in 2025.
Rexas Finance and Shiba Inu are becoming more appealing substitutes as DOGE maintains a bearish attitude and its price stays around important support levels. While Shiba Inu shows indications of a bullish reversal that could result in significant price rises, Rexas Finance is revolutionizing crypto investment by tokenizing actual assets. Both of these altcoins show great growth potential as we enter April 2025; hence, they are top candidates for investors looking to diversify from Dogecoin and seize fresh prospects in the changing bitcoin market.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinanceTelegram: https://t.me/rexasfinance
The post Why Have These 2 Dogecoin (DOGE) Competitors Been Touted as the Best Cryptos to Own as We Enter April 2025? appeared first on Coinpedia Fintech News
According to a recent technical study by CoinPedia, Dogecoin is in a bearish market trend right now. DOGE’s price has decreased by over 5% in the previous 24 hours alone following a loss of control over a vital support level. Given the generally unfavorable market attitude influencing the crypto industry, DOGE’s market view seems bleak, …
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