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PI Network Faces Potential Drop to $0.40 as Speculative Hype Fades
PI Network Faces Potential Drop to $0.40 as Speculative Hype Fades
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
PI Coin’s value has dropped over 70% from its recent peak of $1.50, currently trading at $0.74 with a 44% decline in daily volume. The token’s speculative rally ahead of Consensus 2024 collapsed when expected ecosystem updates failed to materialize.
Analysts warn of a possible retracement to $0.40—the project’s historical support level—unless new catalysts emerge. Despite the launch of Pi Network Ventures, a $100 million dApp funding initiative, selling pressure continues as investor patience wanes.
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