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Bitcoin just pushed to $94.3K — and investor profits are surging.
Percent Supply in Profit has bounced back to 87.3%, up from the March lows.
For context: when $BTC last hit ~$94K, only 82.7% of supply was in profit.
Nearly 5% of supply changed hands at lower prices — a strong sign of accumulation.
If history rhymes, sustained profitability above 90% could ignite the next true euphoria phase.
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While we are on a roll to predict Pi price, here is another way to look at Pi price:
Ripple (XRP) is primarily designed to facilitate fast and cost-effective international money transfers, acting as a bridge currency for cross-border transactions. It aims to replace traditional intermediary steps like SWIFT, reducing costs and time for banks and financial institutions. Pi Network's (Pi) goal is to create a widely accessible cryptocurrency for everyday use, emphasizing user growth and community building. Both Ripple and Pi Network are payment systems but Pi Network has a lot more utilities and is more versatile then Ripple.
Both XRP and PI has a maximum supply of 100 Billion. Circulating supply for XRP is now about 57 Billion and unlocked Pi is now only 0.57 Billion. The circulation supply of Pi is hence 1/100 of XRP.
So, Each XRP is now worth $2.24, would it mean that each Pi should worth 100 times that of XRP, and hence be worth $224 each?
#Ripple $XRP #PiNetwork $Pi #cryptocurrency@PiCoreTeam
Pi’s local commerce utility showcases the community’s commitment to building a connected and global utility powered by Pi. Pioneers are encouraged to keep exploring and supporting local Pi businesses, using various Pi products and apps as part of their everyday shopping experience to find more Pi-integrated stores and transact Pi locally for goods and services. youtube.com/shorts/-LDFlhe…
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