Pi Network Token Plummets 35% to All-Time Low Amid Crypto Market Downturn

Pi Network''s token has dropped to a record low, declining 35% due to bearish market conditions and waning investor confidence. Technical indicators, including the MACD, now show strong bearish signals after a failed bullish crossover attempt.

The broader market''s risk-off sentiment has intensified Pi''s decline. Weighted sentiment metrics indicate growing pessimism among holders, with no near-term recovery catalysts in sight. The delayed positive crossover on the MACD suggests further downside until market conditions improve.

Unlike major cryptocurrencies with institutional support, Pi Network is especially susceptible to retail investor sell-offs. The project''s inability to hold key support levels underscores the widening gap between established tokens and speculative altcoins during market downturns.