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Pi Network’s PI Token Crashes 25% After Brief Rally Above $1
Pi Network’s PI Token Crashes 25% After Brief Rally Above $1
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network’s token (PI) plummeted 25.7%, abruptly ending a week-long rally that had pushed its price above the key $1 level. The sharp reversal erased recent gains, dropping the asset to $0.93—now 61% below its all-time high of $2.99.
Despite a 114% weekly surge that initially fueled the uptrend, market sentiment shifted dramatically on May 12. The token now shows a moderated 95% weekly gain post-correction, with 24-hour trading volume rising 3.7% amid heightened volatility.
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