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Farming is one of the ways to earn in the world of cryptocurrencies and decentralized finance (DeFi). Imagine a farm where instead of growing vegetables or fruits, you earn income by providing your cryptocurrency for various financial operations. How does farming work? 🔵 Depositing cryptocurrency. First, you need to place your cryptocurrency on a special platform. This is similar to a bank deposit. 🔵 Providing liquidity. When you place your cryptocurrency in a pool, it becomes available to other users. These users can borrow your cryptocurrency or use it for trading. 🔵 Earning rewards. In exchange for providing liquidity, you receive rewards. Rewards can come in the form of interest from transactions, bonus tokens, or other types of compensation. Essentially, this is your earnings for helping the platform function. Farming in DeFi allows you to earn passive income higher than bank deposits and participate in the new blockchain-based financial world. The main risks include fluctuations in cryptocurrency prices and potential errors in smart contracts that can lead to loss of funds.

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TL;DR Pi Network’s native token plummeted to an all-time low of under $0.40 on April 5. Just a day later, though, it spiked substantially to almost $0.75 before retracing to the current $0.57 as the broader crypto market slumped at the start of the week. One important factor suggesting a further plunge in the short term is the scheduled unlock of tokens. Data shows that almost 1.5 million PI are about to be released today (April 8). The total number of tokens unlocked throughout the ongoing month will be over 160 million (worth approximately $92 million at current rates). The record day is expected to be April 18, when 9.8 million PI will be freed up. The substantial unlock this month may be followed by a price decline should investors decide to dispose of their long-awaited assets. Currently, PI’s circulating supply stands at roughly 6.8 billion tokens, but more than 5.1 billion remain in the form of locked mining rewards. In addition to the scheduled unlocks, industry participants have supposedly moved 2 million tokens to exchanges in the past 24 hours. Such actions indicate an upcoming cash-out, which may amplify selling pressure and drag down PI’s valuation. Speaking of price predictions, one X user recently told his over 80,000 followers that PI’s huge decline in the past month resembles more “a dump” than “a dip.” They also asked if the price will first reach $0.314 or $3.14. The depicted targets are symbolic to the Pi community as they remind of the mathematical constant π ≈ 3.14. Currently, plunging to $0.314 seems much more realistic than ascending to the upper level. Several months ago, some optimists assumed that the price could one day skyrocket to $314. It’s worth mentioning that such a high valuation would require the asset’s market capitalization to explode to multi-trillion territory, making the forecast highly implausible and even ridiculous (at least as of now).

Classic breakout structure — and it’s just getting started. From a structural perspective, $IVPAY is forming higher lows and higher highs, which is textbook bullish behavior. After breaking out of the range, the price didn't hesitate — it pushed higher and is now consolidating above the breakout level. That’s ideal — it means buyers are holding it up rather than taking profits aggressively. As long as this consolidation continues to form on lower volume (a bullish flag), the next leg could easily target $0.0020. Momentum is alive — and the chart shows it clearly.