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Pi Network Announcement Sparks Market Selloff Amid Unmet Expectations
Pi Network Announcement Sparks Market Selloff Amid Unmet Expectations
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
The Pi Network caused significant market disruption on May 14 with a much-anticipated announcement that failed to meet expectations. Rather than providing bullish catalysts, the project’s reveal prompted a selloff among its community holders.
Analysts highlight how this event underscores the volatility of emerging crypto assets, especially those with unproven utility. Pi Network’s unclear development progress and absence from major exchanges have long raised doubts among institutional investors.
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