The PI token has been caught in a persistent downtrend since reaching its all-time high of $3 on February 26, with prices consistently trading below a descending trendline since April 12. This extended decline has created a negative market sentiment around the altcoin, but several technical indicators now suggest that
Pi Network has dropped a new update that unlocks Mainnet wallets for a wider user base. Now, any user can activate their Mainnet wallet, regardless of their Pi’s KYC stage. The users do not need to wait for full migration. This is said to be a significant step in the
The series of recovery attempts has brought an indecisive mood into the crypto market. With the Fear and Greed Index reading holding at 53, the overall sentiment is neutral. Meanwhile, PI has posted a solid loss of over 5.90%. An upside correction can linger after testing the crucial resistances between
The PI coin continues to experience significant downward pressure, shedding 72% of its value since February 26 as bearish sentiment dominates trading activity. Technical analysis suggests the token may be entering a new phase of decline as selling pressure overwhelms buying interest. Currently trading at $0.63, PI has fallen well
The spark of Pi Network is gradually diminishing, which is reflected directly in its market prices. With the team’s lack of attention towards community concerns, the Pi network is facing criticism from the crypto community. On top of that, large volumes of token unlocks are causing further price declines. Pi
The recovery attempts have invited mixed sentiment into the crypto market, with assets swinging between losses and gains. With the Fear and Greed Index reading at 32, the fear sentiment is lingering without fading. Meanwhile, PI has posted a spike of 4.23%. The asset’s potent bullish wave can be initiated
The global crypto market began its third trading day of the week in the red, shedding 2.26% and bringing the total market capitalization down to $2.64 trillion. Investor sentiment remains cautious, with the Fear and Greed Index still signaling fear across the market. One of the biggest losers of the
Pi Network (PI) recorded a sharp 20.20% daily gain, rising to $0.7265. The market cap climbed 20.50%, reaching $4.98 billion, as daily trading volume soared 212.80% to $497.1 million. The market cap ratio, now at 9.9%, confirms aggressive interest from traders. Despite a capped supply of 100 billion PI, only
In the last 24 hours, the crypto market has recovered significantly much to the relief of investors. Leading cryptocurrencies such as Bitcoin have climbed further upwards regaining previous trading levels. On the other hand, in the regulatory end, the SEC has confirmed Paul Atkins as its next Chairperson. Notably, one
Pi coin market price is under scrutiny by early pioneers and crypto community members. It has been going on a continuous downtrend for the past few days. Today’s market recovery in Pi coin price is bringing new hopes among community members and early pioneers. Whether it will last long and
