Pi’s Bold Bet in Singapore: Will Dr. Fan Spark a Bullish Turn in a Down Market?
- Pi Network, a community-driven mobile-mined crypto, joins Singapore's Token2049 as a gold sponsor with founder Dr. Chengdiao Fan confirmed as a speaker. - The move sparks community hope for price recovery amid a 19.2% monthly decline, though technical indicators show bearish pressure below $0.3220 support. - Remittix (RTX), a CertiK-audited PayFi altcoin, emerges as a high-growth alternative with $25.9M raised and real-time cross-border payment solutions.
Pi Network, a cryptocurrency that can be mined via mobile devices and is known for its strong community focus, has recently attracted renewed interest after it was confirmed to take part in the Token2049 conference in Singapore on October 1–2. This major event in the blockchain and crypto industry brings together leading figures, investors, and innovators from around the world.
This news has generated renewed optimism among Pi’s supporters, who have been facing a difficult period in terms of price movement. In the last month, Pi (PI) has dropped by about 19.2%, despite a small 0.13% uptick in the most recent 24-hour period. Many community members are hopeful that Dr. Fan’s involvement and the increased exposure at Token2049 might help spark a short-term rebound, especially considering that Pi’s other co-founder, Nicolas Kokkalis, previously contributed to a price increase during his appearance at Consensus 2025 in May.
Despite this, the market remains wary, as technical analysis indicates ongoing bearish tendencies. Pi’s price is still moving within a downward channel, and although there has been a 1% uptick, bulls are struggling to keep the price above the important $0.3220 support zone. The 50-day Exponential Moving Average (EMA) is currently at $0.4021, aligning with the upper trendline formed by the highs on May 21 and August 10. If the price breaks decisively above this level, it could pave the way for a rally toward the crucial $0.5000 mark. At the same time, the Relative Strength Index (RSI) is neutral at 43, and the Moving Average Convergence Divergence (MACD) is reflecting bearish momentum, with red histogram bars nearing zero and suggesting fading bullish strength.
Beyond Pi, the larger altcoin landscape also remains under observation, with
Remittix (RTX), a PayFi altcoin that has yet to officially launch, is emerging as an appealing option for those looking for high-growth investments.
Remittix stands out to investors due to its instant payment features, minimal transaction fees, and deflationary token model designed to support value appreciation over time. With plans for integration with decentralized and centralized exchanges in the near future, the project is well-placed to achieve wider adoption within the PayFi sector. Its early momentum, combined with CertiK verification and an active user base, makes it an attractive choice for those interested in the next wave of payment technologies.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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