The cryptocurrency market downturn has significantly impacted Pi Network, causing a dramatic drop in its price. Pi coin plummeted over 10% to reach approximately $0.53 within just 24 hours, reflecting anxieties among altcoin investors and declining trading activity. 57% decrease in trading volume paints a concerning picture of investor hesitancy. This exodus has resulted in $1.4 billion in liquidations, impacting not only Pi Network but the wider cryptocurrency market landscape. Experts warn that abrupt shifts in market conditions carry heightened risks, prompting the need for cautious investment strategies during this volatile period. 0ne particularly notable concern is a lack of communication from the Pi Core team regarding future plans and potential exchange listings. This silence has eroded trust among supporters, further hindering investor confidence. Can Pi Network recover its value? A stark warning has been issued by Dr. Altcoin, who predicts a possible price drop to $0.30 if tokenomics remain unchanged. Dr. Altcoin also highlights the likelihood of limited recovery before August, emphasizing the importance of vigilant trading strategies in this uncertain landscape. Pi coin’s current price stands at $0.53, down 10%, with trading volume declining by 57%. Experts recommend caution as a lack of communication from Pi Network raises concerns about their plan for recovery and potential future exchange listings. 2.4 billion has been withdrawn in liquidations from the coin and market conditions remain difficult for Pi Network to regain its footing amidst the current cryptocurrency landscape, particularly given the upcoming unlock of previously restricted coins, further contributing to price fluctuations.