Shocking Crypto Secrets: Pi, Immutable, Zebec Will Surprise You!

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Last week, the crypto market decided to hit the brakes, leaving Bitcoin, that impatient giant, tumbling from its lofty peak of $111,900 to a mere $104,000 — as if it suddenly remembered it had other priorities in life. Naturally, this sparked a broader sell-off among the altcoins, causing much despair and hand-wringing in the digital financial circles. 😅

With investors clutching their profits like a life raft, and ominous economic data—namely nonfarm payrolls—looming on the horizon, everyone is now glued to the screens, pondering what mischief the market will get up to next. 🎭

This week, the stars of the show are Pi Coin (PI), Immutable X (IMX), and Zebec Network (ZBCN). Yes, they’re all vying for your attention while the market desperately searches for its next big catalyst—like a dog chasing its tail, hoping for a miracle.

Pi Coin trembles before the floodgates open again

Pi Coin, that intriguing yet temperamental little token, finds itself in the spotlight this week—mainly because its network plans to unlock a staggering 277 million tokens this very month. Imagine that! PiScan reports that a hefty 67.3 million of these are set free this week alone. It’s practically a digital emancipation! 🚀

But alas, such festivities come amid the coin’s ongoing struggles. Since Pi Network Ventures launched in May, Pi has plummeted to a dismal $0.6310—its nadir since May 8—and currently sits 62% below its May’s peak. Truly, a classic tale of rising high only to crash spectacularly.

Adding insult to injury, Pi has fallen below its key support at $0.6593—an ominous sign that the double-bottom pattern, previously forming at $0.8645, has been invalidated. The cruel winds suggest the path is now deliberately bearish, aiming for the notorious $0.40 mark. Perhaps the coin has realized that dreams of quick riches are just that—dreams. 😉

Immutable X prepares for its colossal unlock—brace yourselves!

Meanwhile, Immutable X—the gaming enthusiast’s favorite layer-2 blockchain—stands on the cusp of another token unlock. This time, an impressive $19.2 million worth of tokens are about to be freed—nearly 2% of the entire float. How gracious of them! And, quite predictably, this has already caused its price to stumble. IMX has fallen to $0.5400—its lowest since May 8—and is showing signs of more declines ahead. More selling might push it down to $0.3458, matching April’s lows. Just perfect for those who love a good rollercoaster! 🎢

Zebec Network, once the rising star, has lost some sparkle

Zebec Network was the talk of May, soaring to an incredible $0.007156—an astonishing 925% increase from April’s lows. It was a rally that made many heads turn, especially after acquiring Science Card, the British fintech giant with over 50,000 users, adding more fuel to the fire. 🔥

However, ZBCN now appears to be losing its momentum, perhaps entering the dreaded distribution and markup phases according to Wyckoff Theory—no, it’s not a new cookbook, just fancy market jargon. The coin has already retraced nearly 20% from its May peak and, unless some unforeseen miracle occurs, might drift down to as low as $0.00250. Well, isn’t that just charming? 😂

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2025-06-01 19:07