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Pi Network’s PI Token Plunges 10% Even as Second Migrations Roll Out


Pi Network’s PI Token Plunges 10% Even as Second Migrations Roll Out

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Token fell >10% in 24 hours to a two-week low below $0.18; roughly 40% decline since Pi Day (Saturday). Decline happened despite the team announcing new updates and promises, highlighting weak market sentiment and adoption risk for the crypto token. Implication: heightened volatility and selling pressure may harm token performance and investor confidence in the project.

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The highly volatile token as of late has dropped once again in the past 24 hours, losing over 10% of value in a nosedive to a two-week low of under $0.18.

The asset has plunged by roughly 40% since the highly anticipated Pi Day on Saturday, even as the team behind the project announced new updates and promises.

Read the article at CryptoPotato

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In This News

Coins

$ 0.146

-2.02%

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View analytics →
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