**The Pi Network — once touted as a revolutionary ‘minable on mobile’ crypto — is now facing a harsh market reality.** According to technical indicators, Pi’s price has dipped near historic lows, and the **Chaikin Money Flow (CMF)** just flashed **a deep red reading**, signaling intensified capital outflows.
### 📉 What Is the CMF and Why Does It Matter?
The **Chaikin Money Flow** tracks the flow of money into and out of an asset based on price and volume. A **red CMF reading** suggests that sellers are dominant and **buying interest is drying up** — often a bearish confirmation.
For Pi Network, this comes at a time when:
* Its **mainnet has yet to fully launch publicly**
* **Exchange listings remain limited or unofficial**
* Investor confidence is beginning to **fracture amid prolonged delays and lack of clarity**
### 📱 From Mobile Mining to Momentum Loss
Pi gained early attention as a “**social crypto experiment**,” enabling users to mine via mobile phones. The app went viral, amassing over **40 million users globally**, but critics warned of:
* **No true value capture mechanism**
* **Opaque tokenomics**
* A slow transition from **testnet to full utility**
Now, with Pi’s token value drifting to multi-month lows and the CMF confirming weakness, some early adopters are asking the hard question: **Was it just a hype cycle?**
### 🧠 What’s Next?
There’s still a large community and developer base behind Pi, and any major announcement — especially regarding **utility integration or exchange listings** — could spark a reversal. However, for now, **technicals point to caution**.
---
### 📌 Bottom Line
The red CMF reading on Pi Network adds weight to bearish sentiment as the token nears historic lows. While the project isn’t dead, momentum has clearly shifted — and the next move may decide **whether Pi fades into obscurity or stages a last-minute comeback.**
**It’s no longer about mining clicks. It’s about market confidence.**
Your encouragement keeps this going. Tips are never expected but always appreciated if you feel this was worth something to you.
1121504218
