Pi Network Price Plummets 10%, Will It Reach $0.60?

Despite the overall positive trends in the cryptocurrency market with Bitcoin remaining strong above $85,000, Pi Network’s price has experienced a significant bearish correction. This decline represents a substantial loss of its market capitalization, wiping out nearly 1/10th of its value within just hours. This drop follows the recent integration of Chainlink on the Pi network, which is now considered a contributing factor by many analysts.