Latest Pi Network Developments, Bullish Dogecoin Predictions, and More: Bits Recap March 25

TL;DR

Recent Pi Network updates include PI token integration with Telegram wallets and a domain claim program for apps completing PiNet migration by May 28, 2025. Dogecoin surged 5% following House of Doge's creation of a 10M DOGE reserve, with analysts predicting further gains, potentially reaching a new all-time high. Shiba Inu rose 3.5%, driven by increased Shibarium activity, a higher burn rate, and decreased exchange netflow, indicating bullish momentum.

What's New Around Pi Network?

The Pi Network project, following its Open Network launch on February 20th, saw the release of the PI token. The token's price fluctuated significantly in its initial trading days, peaking near $3 before settling around $0.92 (CoinGecko data). Exchanges listing PI include OKX, Bitget, Gate.io, and CoinEx. Binance's decision on listing PI, following a positive user vote, is still pending. The Pi Network KYC grace period concluded on March 14th. Recently, the developers announced that some users will need to complete two-factor authentication (2FA) via a trusted email for mainnet migration. Pi News reported PI token visibility in Telegram wallets. Furthermore, Pi Network announced a domain claim program for compliant apps completing PiNet migration by May 28, 2025.

DOGE Heads North

Dogecoin, the leading meme coin by market capitalization, experienced a significant price increase of over 5% on March 25th, trading above $0.18. This rally is largely attributed to House of Doge's establishment of "The Official Dogecoin Reserve" and its initial 10 million DOGE purchase. Analysts like Ali Martinez see this breakout as potentially leading to a 16% upswing, while others, like Trader Tardigrade, predict a new all-time high exceeding $6.

DOGE Price, Source: CoinGecko

SHIB Price Outlook

Shiba Inu also saw gains, rising 3.5% in 24 hours. This increase is supported by rising Shibarium activity, an increased SHIB burn rate, and reduced weekly exchange netflows, suggesting decreased selling pressure.

SHIB Price, Source: CoinGecko