PI Plummets 80% From Peak as Investors Shift to Utility-Focused Alternatives Like Remittix
Pi Coin's value has cratered more than 80% from its all-time high, triggering intense debate about its long-term sustainability. Currently trading at $0.37 with a market capitalization of $2.99 billion, the token's lack of real-world utility continues to fuel skepticism among institutional investors. Meanwhile, emerging projects like Remittix are gaining significant traction by offering tangible DeFi solutions and real-world payment infrastructure.
Despite a 33% surge in trading volume suggesting temporary interest, analysts caution that PI's volatility remains inherently high due to its speculative nature. The absence of concrete adoption channels beyond pure speculation raises serious questions about its future—standing in stark contrast to next-generation tokens that demonstrate clear utility cases and sustainable tokenomics.