Bitget Observes Pi Network’s Struggle Amid Investor Doubts and Persistent Outflows

Pi Network continues to face skepticism from investors as persistent outflows and lackluster performance undermine confidence. Despite sporadic inflows indicated by the Chaikin Money Flow, the metric remains negative, reflecting sustained selling pressure. market participants, including Bitget Wallet COO Alvin Kan, express concerns over the project’s fundamentals, highlighting broader industry apprehension.

Pi Network Faces Investor Skepticism Amid Persistent Outflows

Pi Network’s lackluster performance continues to erode investor confidence as the project struggles to demonstrate meaningful recovery. The Chaikin Money Flow indicator hints at sporadic inflows, yet the metric remains entrenched in negative territory—a clear sign of dominant selling pressure.

Market participants remain unconvinced by Pi Network’s fundamentals, with Bitget Wallet COO Alvin Kan echoing broader industry concerns. The altcoin’s technical outlook mirrors this skepticism, as intermittent buying activity fails to counteract sustained capital outflows.

Bitget’s Silence on W Coin Listing Raises Questions Amid Anticipated Launch

Bitget faces scrutiny as the platform remains silent on the scheduled listing of W Coin today, April 29, 2025. Market participants expected clarity on trading availability, but the exchange’s lack of communication has fueled speculation about potential delays or operational issues.

The absence of official updates contrasts sharply with the project’s earlier hype, leaving traders to question whether technical or regulatory hurdles have emerged. Such uncertainty often triggers volatility in related assets, though no direct market impact has been observed yet.