Pi Network Price Plunges 15% in a Week, Signaling Continued Weakness

Pi Network’s price has taken a sharp tumble over the past week, dropping nearly 15% to hover just above $0.70. This downward trend follows a steep drop from its peak of almost $3 in February, with Pi Coin (PI) now down more than 75%. Initial optimism surrounding the cryptocurrency was short-lived after an impressive surge in May saw it reach a high of around $1.67. 75% decline has left the coin struggling for momentum despite recent trading volume increase.