Pi Coin struggles near key support as LF Labs (LF Coin) gains momentum with strong fundamentals and strategic development efforts. While Pi Coin faces bearish pressure after the Pi Foundation moved 20 million tokens, LF Labs prepares for 20 exchange listings on July 30. The contrast in token utility, investor confidence, and tokenomics now favors LF Coin as a more promising long-term asset.
Pi Coin Faces Pressure Despite Double Bottom Formation
Pi Coin price now trades at $0.44 with a mild 0.73% gain, but risks remain as volume inflows signal weakness. Although the $0.42 support has held twice since mid-July, the selling pressure from large token movements threatens its stability. If this support fails, Pi Coin could fall below $0.40, invalidating its recent bullish structure.
The recent 20 million coin movement by the Pi Foundation sparked market concerns about potential offloading onto exchanges. On-chain data reveals 4.6 million PI coins flowed into exchanges, while only 2.7 million left them within 24 hours. This imbalance suggests growing sell-side activity, although buyers continue to defend $0.42 for now.
If Pi Coin breaks above $0.52, the neckline resistance, it could target $0.628, recovering its late-June price levels. However, current neutral momentum from the Williams %R at -54% signals hesitation, not strength. Traders remain cautious as the market waits for a clearer direction.
LF Coin Set for 1000x as Community and Listings Drive Value
LF Coin, issued by LF Labs, is rising rapidly and now trades at $0.000670 with a 13.61% daily increase. The project celebrates its 4th anniversary with 20 major exchange listings on July 30, boosting market visibility and liquidity. LF Labs provides startup funding and market-making, which builds long-term trust and ecosystem value.
Unlike speculative tokens, LF Coin has real utility tied to PoS machines, wallets, and project acceleration services. These products generate revenue, which supports LF Coin’s valuation and creates organic demand. The backing by LF Labs positions it as a utility-driven token with scalable potential.
LF Coin tokenomics emphasize decentralization with 60% of the supply allocated to the community, enhancing holder incentives and governance participation. The team and contributors hold 15% each, while the public sale receives 10%, ensuring fair access. With strong fundamentals and sustainable tokenomics, LF Coin could outpace meme coins like Dogecoin.
Pi Coin price now trades at $0.44 with a mild 0.73% gain, but risks remain as volume inflows signal weakness. Although the $0.42 support has held twice since mid-July, the selling pressure from large token movements threatens its stability. If this support fails, Pi Coin could fall below $0.40, invalidating its recent bullish structure.Pi Coin price now trades at $0.44 with a mild 0.73% gain, but risks remain as volume inflows signal weakness. Although the $0.42 support has held twice since mid-July, the selling pressure from large token movements threatens its stability. If this support fails, Pi Coin could fall below $0.40, invalidating its recent bullish structure.Pi Coin price now trades at $0.44 with a mild 0.73% gain, but risks remain as volume inflows signal weakness. Although the $0.42 support has held twice since mid-July, the selling pressure from large token movements threatens its stability. If this support fails, Pi Coin could fall below $0.40, invalidating its recent bullish structure.
