The majority of Pi holders are not traders, some of them are not familiar even with exchanges. I believe that the majority of the sold tokens were coming from hackers.
Naresh Kumar36
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Pi Coin 💰PI💰once reached a high price of $3 USDT but has now dropped significantly, trading at approximately $0.89 USDT according to the chart. This represents a decline of over 70% from its peak, reflecting market volatility and potential reduced investor confidence. The 24-hour change of -23.79% indicates heavy selling pressure. Traders may view this as a buying opportunity if they believe in Pi Coin’s long-term potential. However, the steep decline suggests caution, as further drops are possible. Monitoring market trends, trading volume, and broader sentiment will be crucial before making any investment decisions in Pi Coin.
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