The PayCoin currency loses momentum and falls below $1 amid investor disappointment

The PayCoin (PI) currency dropped by more than 18% within 24 hours to fall below $1, following its failure to be listed on the Binance and Coinbase platforms. This decline has led to a decrease in investor sentiment, with fears of further decline to $0.87. Additionally, the decrease in supply and deflationary pressures contributed to the weakening bullish momentum, creating a sense of uncertainty in the market.