Pi Network Price Sees Recovery, But Risky Pattern Raises Concerns About Crash

The Pi Network price has experienced a strong rebound over the past ten days, capitalizing on a stabilizing cryptocurrency market and investor buying opportunities after a recent dip. It recently surged to $0.755, hitting its highest point since March 29th. This surge represents a notable 92% recovery from its lowest point of this year. However, the coin’s history paints a different picture. Pioneers – those who mined Pi before the mainnet launch in April – have been selling off their holdings following a downward trend. Concerns about dilution and limited centralized exchange listings further contributed to the recent downtrend.