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Pi Network (PI) Crashes 54% in Market Chaos, But Analysts Predict 250% Rebound
Pi Network (PI) Crashes 54% in Market Chaos, But Analysts Predict 250% Rebound
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network (PI) has experienced a severe 54% drop this week, making it the worst performer among the top 100 cryptocurrencies. This decline came after a brief 106% rally to $1.61 on May 12, driven by excitement around Pi Network’s upcoming appearance at Consensus 2025 and ecosystem updates.
Market analysts point out that this volatility underscores PI’s speculative nature, with trust issues further fueling the sell-off. Despite the sharp downturn, some experts remain optimistic, forecasting a potential 250% recovery, citing the project’s long-term potential as a key factor.
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