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PI Token Hits Record Low at $0.341 as Market Jitters Trigger 11% Drop
PI Token Hits Record Low at $0.341 as Market Jitters Trigger 11% Drop
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network's native token PI has dropped 11% to an all-time low of $0.341, with trading volume spiking 86% to $168 million amid heavy sell pressure. The decline persists despite strong community Optimism and an RSI of 33 indicating potential oversold conditions.
Derivatives markets show increasing caution, with open interest falling 8% to $10.4 million. Analysts cite upcoming token unlocks and project uncertainties as key volatility drivers, though some traders see current levels as a potential accumulation zone given technical indicators.
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