by: xpoolPosted on:

Pi Network’s Price Plummets: Reasons Behind the Decline and Potential for Recovery

Despite a bullish market overall, Pi Network’s PI token has experienced a significant price decline. The native cryptocurrency of the Pi network dropped to an all-time low of around $0.23 per CoinGecko data, marking a 30% monthly decline and a 90% drop from its February peak of $3. This downturn reflects a trend that’s significantly impacted PI’s market cap, which now sits below $2 billion, placing it at the 74th-largest cryptocurrency globally. )

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