Pi Network Plummets 30%—Ecosystem Hype Meets Cold Market Reality
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Market shrugs off long-awaited Pi Network updates as token tanks.
Investors expected fireworks—got a damp squib instead. The ’mainnet-ready’ project now faces its first true stress test: surviving the crypto crowd’s notoriously short attention span.
Another day, another ’fundamentals don’t matter’ moment in digital asset trading—just ask the bagholders.
Pi Network price analysis. Credit: crypto.news
If PI holds above support at $0.85, there may be a brief recovery toward $1.10. On the other hand, PI might retest the $0.74 support area if it drops below $0.85. For now, the market appears to be digesting the announcement, with short-term traders rotating out, even as the project continues building.
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