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PI Coin Suffers Steepest Weekly Drop Among Top 100 Cryptocurrencies
PI Coin Suffers Steepest Weekly Drop Among Top 100 Cryptocurrencies
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network's native token Pi has emerged as the worst performer in the top 100 cryptocurrencies, plunging 20.2% this week amidst broader market volatility. The asset now reflects a 27% monthly decline, with its February peak of $2.99 representing an 88.6% drawdown from current levels.
The sell-off aligns with sector-wide weakness following the Federal Reserve's decision to maintain restrictive interest rates. Risk assets across markets faced pressure, exacerbated by trade policy uncertainty stemming from renewed Trump-era tariff discussions. PI's open mainnet launch earlier this year triggered a brief, isolated rally while major cryptocurrencies corrected.
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