Insiders continue to dump Pi Network (PI) coin, many are looking to these 2 altcoins to restore portfolio

• Pi coin drops 24% amid insider dump and looming 160M token unlock, sparking investor flight.
• Sui gains momentum with 20% monthly rise and growing institutional backing from Grayscale and VanEck.
• Remittix offers real-world crypto payments to banks, drawing attention with low market cap and 30x potential.

The hype surrounding the Pi coin has been dropping off lately, as the Pi network price has dropped to a 24% monthly low. Analysts say the spike in insider dumping could be a significant factor fueling the Pi network price drawdown.

However, while the Pi coin collapse continues, smart investors are shifting to these high-growth alternatives.

As the Pi coin is set to unlock about 160 million tokens in August, experts warn, now could be the best time to join the shift from Pi coin.

However, here is a look into the Pi network price to understand the full extent of the drawdown and whether these two altcoins could be a better alternative.

Pi network price predictions and factors that are fueling collapse

Concerns about the Pi Network price have recently surfaced, as market watch reveals billions of dollars were offloaded by the core team.

Wallets connected to the Pi coin core team were noticed to have offloaded over 12 million tokens at their peak. This sell-off triggered a market panic as investors cited a potential drastic drawdown.

And by effect, the Pi network price has continued moving downward. In addition, recent analysis shows the coin on a 24% monthly drawdown and a 17% drop in the last 7 days.

Furthermore, as the community support and lack of exchange listing linger, analysts project a further price drop.

In addition, with over 160 million Pi coins set to be released this month, analysts cite a potential Pi network price collapse.

Why investors are choosing SUI coin for profit shift

Sui is experiencing rapid growth lately as a next-gen alternative for the crypto profit shift. This is as it continues to win over a teeming developer community with its fast network and features that help builders scale with ease.

The growing support is now seeing the Sui price on a month-on-month growth, with a 20% rise last month.

Experts’ opinion points to the rise in institutional support as a significant factor driving this growth. This includes the Grayscale Sui Trust and VanEck open interest that is now fueling more big money into the Sui ecosystem.

Sui Price projections show a potential rise to a new ATH this year, as the coin returns to retest the $5 ATH.

Remittix joins the market as crypto payment next solution

The Remittix hybrid payment solution is now becoming the main topic in the market as it connects crypto to local banks.

The Remittix innovative solution offers a new direction that helps users pay directly into banks with crypto. Remittix is an innovation that experts are looking into as a potential for global crypto payments. 

The current price of the Remittix token is also a factor fueling buying momentum as experts project a 30x from the current $0.0895.

Analysts have also continued talking about Remittix’s low cap as a factor that could boost price growth this year.

However, deep analysis is showing there is more. Some of the other factors experts have suggested include:

• Remittix beta wallet launch in September 
• CertiK Audit Report, which now positions it among the top altcoins
• Various early investors’ reward programs 

Remittix is breaking the bounds in global payment, and thus is projected to surpass the likes of XRP in the coming months as adoption continues rising.

Investors seeking the next market unicorn are now joining the Remittix project, as it demonstrates potential for continued growth.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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