Pi crypto is dropping but investors are closely monitoring Solaxy and BTC Bull presales. Solaxy is listing SOLX today as BTC Bull presale ends on June 30.
The chaos in the Middle East is not only hammering the crypto market, but the associated uncertainty could push investors toward safer assets.
History shows altcoins rank lower in investor preference during such times.
If tensions escalate, it could prove tough for crypto holders, especially crypto traders and HODLers.
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The Fall of Pi Crypto: What’s Happening?
After weeks of steady decline, the Bitcoin flash crash below $100,000 over the weekend pushed PI prices even lower.
The coin hit fresh all-time lows, and other fundamentals may exert more pressure.
This is not what traders expected after the late February rally, which lifted the coin to nearly $3. The surge qualified the coin as one of the best cryptos to buy in Q1 2025.
What’s unfolding is a stunning collapse, and it could take months for Pi crypto to recover from current levels.
In the last week alone, Pi slid 17%, and with daily unlocks, the expected supply could cap gains as investors seek to unload, with sellers firmly pushing prices lower.
According to trackers, the network will release over 314 million Pi coins, unloading 10.4 million daily for the next month.
(Source)
As it stands, there’s a high probability that Pi may hit lower lows, given low liquidity, limited trading on top exchanges, and a shaky crypto market.
The path of least resistance is downward.
However, eyes are on June 28, “Pi Day 2,” which coincides with the conclusion of the .pi domain auction.
As Pioneers digest rising losses and the possibility of more pain, attention is shifting to Solaxy and BTC Bull presale tokens.
Considered to be among the hottest presales to buy in June, the two have been dominating investor interest.
Solaxy: The First Layer-2 for Solana
Solaxy is building the first Solana layer-2 to eliminate network congestion during high activity and significantly boost scalability.
Using rollups, Solaxy will reroute transactions off-chain and validate them on-chain.
SOLX will list on major exchanges today, June 23, with nearly $58 million raised so far.
Ahead of this listing, 40% of the total supply has been burned, reducing supply and potentially supporting prices.
Another MASSIVE burn. 🔥
We’ve just burned 20,000,000,000 $SOLX, further tightening supply ahead of mainnet.
This follows our previous 35B $SOLX burn, bringing the total burn to 55 BILLION $SOLX – That's ~40% already burned!
View here: https://t.co/0izmHfkIJv
Less supply.… pic.twitter.com/Q7rIj0BCbc
— SOLAXY (@SOLAXYTOKEN) June 19, 2025
If demand remains high, as seen in the presale, SOLX could soar.
SOLX is trading for just $0.001766, with an opportunity to stake for a 74% APY.
The SOLX listing coincides with the launch of a multichain bridge linking Solana and Ethereum.
On July 7, the Solaxy block explorer will go live.
BTC Bull: Rewarding Holders with Free Bitcoin
BTC Bull is gaining traction by rewarding token holders with free BTC based on Bitcoin’s price milestones.
Traders are confident that Bitcoin will soar above $120,000 and reach $500,000 or $1 million in the coming months.
Because of this optimism, developers launched BTC Bull to distribute free BTC whenever BTCUSDT hits key milestones.
Last chance to buy BTCBULL before launch! 🐂🧨
The countdown ends on June 30th. ⌛
Here’s what’s coming:
🔥 BTCBULL token burns
🪂 BTC airdrops at price milestones
🎁 BTCBULL airdrop when Bitcoin hits $250KJoin the herd: https://t.co/FQZXEzFwWu pic.twitter.com/aeUmLJcSOC
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 2, 2025
The first airdrop will be when BTCUSDT crosses $150,000, followed by distributions every $50,000 until $1 million.
Moreover, BTC Bull is deflationary, with the first BTCBULL burn set when BTCUSDT hits $125,000.
There will be more burns after every $25,000 increase in BTCUSDT.
Over $7.3 million has been raised in the ongoing presale, with BTCBULL trading at $0.00258.
The presale in less than a week on June 30, and staking BTCBULL offers a 56% APY.
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Pi Crypto Dropping, Solaxy And BTC Bull Presales Dominate
- Pi crypto drops, prints fresh all-time low after BTC collapse
- Tensions in the Middle East could trigger a crypto dump
- Solaxy raises nearly $58 million ahead of SOLX DEX listing
- BTC Bull presale raises over $7.3 million
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