The PiCoreTeam token (Pi) is under severe bearish pressure.
Pi has crashed 80% from its all-time high of last February.
Users are concerned about Pi’s future following its latest price behavior.
The PiCoreTeam token (Pi) has been under bearish pressure since the middle of May following a failed attempt to recover its bullish momentum. The cryptocurrency has slipped below crucial support, leading analysts to question how soon the crypto asset can regain sustainable demand.
According to data from TradingView at the time of writing, Pi traded for $0.6270 is close to its historical lowest price and below its opening price at launch. The cryptocurrency’s latest trajectory contradicts users’ expectations, considering the hype that preceded Pi’s introduction into the crypto market and the initial price surge the crypto asset experienced.
The Path of Pi on Charts
TradingView’s data reveal that Pi surged 380% within one week of an official launch. A sharp decline followed the initial rally, and the cryptocurrency lost all gains in a month. Pi reached its lowest point on May 5, 2025, after the price crashed to $0.4000. The bearish pressure lasted over …
The post Pi Crashes 80% From Last February’s All-Time High, Raises Concerns Among Users appeared first on Coin Edition.
