Polkadot, Uniswap, Pi, and Quant Capture Trader Interest This Wednesday

Alright, here’s a rendition of the passage, infused with a human element to ensure seamless comprehension for individuals fluent in English: Toncoin (TON) Value Forecast for March 26th

# Polkadot, Uniswap, Pi, and Quant Capture Trader Interest This Wednesday

Following a period of considerable declines, the digital currency landscape witnessed some cost variations on February 26.

Quant (QNT), a digital currency endeavor centered around digitizing tangible resources, briefly exceeded $110 on Wednesday morning before giving back a portion of its profits. Polkadot (DOT), Uniswap (UNI), and Pi Network (PI) also encountered significant movement, and dealers are intently observing these digital coins.

Pi Network, which initiated its primary network last week, underwent a cost increase propelled by conjecture of an impending Binance listing. This leap has prompted them to assert a market capitalization surpassing $14 billion, potentially establishing it as the 11th biggest digital currency. *It merits mentioning that this assertion should be regarded cautiously until validated by autonomous origins.*

## Quant Cost Escalates After Optimistic Candlestick Configuration Emerges

Quant, which cultivates enterprise blockchain resolutions, is ascending for the subsequent day consecutively, attaining tiers unseen since February 1st. While there haven’t been any noteworthy news occurrences explicitly associated with the escalation, the cost augmentation could be credited to an optimistic enveloping configuration materializing on the daily chart.

An optimistic enveloping configuration is when a more substantial optimistic (green) candlestick entirely encompasses the preceding pessimistic (red) candlestick. It’s a reasonably prevalent indication in technical scrutiny.

## Polkadot Cost Elevates on ETF Submission News

As anticipated, Polkadot perceived a surge after Grayscale petitioned for a spot DOT exchange-traded fund (ETF). *The marketplace appears buoyant that this submission possesses a favorable likelihood of being sanctioned, which is stimulating trader curiosity.*

Polkadot has exhibited robust technical underpinning around $3.90, a tier it’s sustained since 2023. The asset has fashioned a quadruple bottom configuration, with a neckline at $11.77.

Furthermore, Polkadot has infiltrated the accumulation stage of the Wyckoff theory, which is frequently trailed by a markup stage. This is when demand surpasses supply, often culminating in a parabolic cost progression.

The initial cost objective for Polkadot in the markup stage is $11.

The subsequent objective is $70, accompanied by the 23.6% Fibonacci pullback point at $16. Should the value ascend to the 50% retracement point of $30, it will represent a 527% augmentation from the existing value.

## Uniswap Value Experiences Modest Rise Post-SEC Lawsuit Dismissal

The valuation of Uniswap has seen a minor upswing subsequent to the Securities and Exchange Commission (SEC) withdrawing its accusations against the Uniswap platform. Previously, the SEC, under the guidance of Gary Gensler, had alleged the entity of providing unregistered securities.

The SEC abandoned the allegations against Uniswap a day following the conclusion of its legal dispute with Coinbase, the foremost cryptocurrency trading platform in the United States. The Uniswap token has established a double bottom configuration, implying a short-lived recovery.

## Pi Network Value Skyrockets Amid Binance Listing Expectation

Pi Network has emerged as one of the most successful cryptocurrencies this week, surpassing Bitcoin and other alternative digital currencies. Its value surge is primarily attributable to the impending Binance listing, which over 85% of users have approved.

The value of Pi coin is also escalating as investors hasten to participate subsequent to its mainnet debut, apprehensive of missing out (FOMO). The subsequent crucial occurrence will transpire on Friday when the grace period for KYC validation concludes.

## Dead Cat Bounce?

The present recuperation of Bitcoin and the majority of altcoins could potentially be merely a dead cat bounce, and the peril persists – this is a transient resurgence preceding the downtrend’s resumption. A dead cat bounce, also recognized as a bear trap, denotes a circumstance where an asset that has been depreciating for an extended period briefly rallies before persisting in its decline.”