yagoomondrial
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PI is Going to Dust:
Pi Network (PI) is experiencing a sharp decline, signaling a potential collapse. Trading at $0.75218, PI has plunged 27.36%, reflecting extremely bearish sentiment. The sharp drop in liquidity ($42.35K) and market cap ($64.96K) suggests weak confidence among investors.
The price chart reveals a classic pump-and-dump pattern. Initial volatility took PI to a high of 2.082, but the momentum quickly evaporated. The moving average (MA7) at 3.01580 shows a strong bearish trend, and the lack of support from MA(25) and MA(99) further confirms weakness.
With declining volume and increased selling, PI is rapidly losing value. Unless a major catalyst reverses the trend, PI holders may soon be left with worthless tokens. This once hyped project seems to be going straight to dust.
Let me know in the comments what you think about this scenario.
♥ Also, please follow, like and share this post ♥
#pi #PICoinScam #picoin #BinanceAlphaAlert #PiNetworkMainnet
Pi Network (PI) is experiencing a sharp decline, signaling a potential collapse. Trading at $0.75218, PI has plunged 27.36%, reflecting extremely bearish sentiment. The sharp drop in liquidity ($42.35K) and market cap ($64.96K) suggests weak confidence among investors.
The price chart reveals a classic pump-and-dump pattern. Initial volatility took PI to a high of 2.082, but the momentum quickly evaporated. The moving average (MA7) at 3.01580 shows a strong bearish trend, and the lack of support from MA(25) and MA(99) further confirms weakness.
With declining volume and increased selling, PI is rapidly losing value. Unless a major catalyst reverses the trend, PI holders may soon be left with worthless tokens. This once hyped project seems to be going straight to dust.
Let me know in the comments what you think about this scenario.
♥ Also, please follow, like and share this post ♥
#pi #PICoinScam #picoin #BinanceAlphaAlert #PiNetworkMainnet
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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