$PI Pi Network mainnet upgrade deadline is approaching, with interest rate cut expectations combined with CPI outlook boosting market sentiment. There are 42% bullish, 19% bearish, and the rest neutral within the square. The bullish viewpoints believe that: - Pi Network mainnet node upgrades are advancing decentralization, with 16 million Pioneers having completed migration, using Stellar-like consensus mechanisms to verify transactions. - Analysts predict a mid-term surge in Pi to around $1, with market expectations trending upward. - In January, US CPI increased by 2.4%, below the expected 2.5%, with core CPI at a five-year low of 2.5%. The federal funds futures market has increased the probability of a rate cut in March to 90.3%, boosting expectations for policy easing. - Gold prices rose over $20 on Friday, approaching $2000, while Treasury yields fell to a 10-month low. Easing sentiment drove a general rise in risk assets.
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Harkat3141
· 5h ago
Pioneers Community, the real power of Pi Network 💜🧡
$PI Pi Network mainnet upgrade deadline is approaching, with interest rate cut expectations combined with CPI outlook boosting market sentiment. There are 42% bullish, 19% bearish, and the rest neutral within the square. The bullish viewpoints believe that: - Pi Network mainnet node upgrades are advancing decentralization, with 16 million Pioneers having completed migration, using Stellar-like consensus mechanisms to verify transactions. - Analysts predict a mid-term surge in Pi to around $1, with market expectations trending upward. - In January, US CPI increased by 2.4%, below the expected 2.5%, with core CPI at a five-year low of 2.5%. The federal funds futures market has increased the probability of a rate cut in March to 90.3%, boosting expectations for policy easing. - Gold prices rose over $20 on Friday, approaching $2000, while Treasury yields fell to a 10-month low. Easing sentiment drove a general rise in risk assets.