Pi Network Struggles as Bearish Sentiment Triggers Investor Exodus
Pi Network’s stagnant holder count at 14,952 signals trouble for the altcoin’s price trajectory. A month-long streak of investor exits has cast doubt on the project’s near-term viability, with Holderscan data revealing no meaningful influx to offset withdrawals.
Technical indicators amplify concerns. The Relative Strength Index lingers below neutral, reflecting sustained downward pressure. Market-wide weakness compounds Pi’s challenges, leaving traders questioning whether the network can regain momentum without fresh capital inflows.
This erosion of confidence creates a self-reinforcing cycle. As exits accumulate, the lack of bullish catalysts makes the altcoin increasingly vulnerable to further declines. The network now faces a critical test of its ability to retain holders amid broader crypto market uncertainty.