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Pi Network Plummets 85% From Peak as Investors Flee to Emerging Altcoins
Pi Network Plummets 85% From Peak as Investors Flee to Emerging Altcoins
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network's price has crashed to $0.3469, representing an 85% decline from its all-time high. With daily trading volume sitting at just $39 million and a further 3% drop, the token shows no indications of recovery. Technical indicators, including an RSI below 50, point to additional downside pressure, with the crucial $0.40 support level on the brink of breaking down.
Meanwhile, market attention is shifting toward emerging altcoins like Remittix, which is gaining momentum with its innovative cross-chain DeFi solutions. Institutional investors are exiting Pi Network positions, leaving early adopters facing significant losses as capital rotates toward more promising projects in the cryptocurrency space.
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