Pi Network Faces Potential Drop to $0.4 as Community Concerns Intensify

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-31 15:01:14

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Pi Network’s price continues to decline, falling below the $0.62 support level amid growing dissatisfaction within its community. The Pi Core Team is under increasing scrutiny due to transparency and utility issues, raising doubts about the project’s short-term outlook.

Analysts now identify $0.40 as the next critical support level, with the token already down 8% daily to $0.6155. Weekly losses surpass 21%, though monthly performance stays positive. Interestingly, trading volume ROSE 13% to $180 million despite the price drop.

The community remains split between those expecting a rebound toward the token’s $2.98 all-time high and others preparing for further declines. Without substantive updates addressing CORE concerns, downward pressure may continue.

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