Pi Network (PI) Drops Over 36% – What's Next?
Pi Network (PI) is currently trading at $35.14 USDT on BitMart, experiencing a -36.4% drop today and -12.7% over the past month. The price saw a strong rally earlier but has since corrected sharply.
Possible Reasons for the Drop:
Market Volatility: The sudden spike and dump indicate speculative trading.
Lack of Official Mainnet Listing: PI is still not officially listed on major exchanges like Binance, raising concerns about its liquidity.
Sell-Off Pressure: Many early adopters might be taking profits, leading to a price correction.
Will PI Recover?
If Pi Network secures a major exchange listing, it could bring renewed confidence.
If the official mainnet launches with real utility, demand could stabilize.
Otherwise, PI may remain highly volatile in the short term.
🔍 What are your thoughts? Are you buying this dip or waiting for more clarity?
"Note: This is an IOU token listed on certain exchanges and not the official Pi Coin from the Pi Network mainnet."
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