Crypto Alerts:
Pi Coin Gives Up 11th Rank, Crashed 73% From Peak; Why Binance Is Not Listing PI?
Pi Coin, the cryptocurrency of PI Network, crashed sharply by 11% and erased its $1 mark on CoinMarketCap. The newly listed crypto has also toppled from 11th largest cryptocurrency to becoming 24th largest cryptocurrency, a significant decline in its rank. Not only that, Pi
Coin has underperformed major cryptos like Bitcoin, Ethereum, DogeCoin, and more. One of the key reasons for the downfall in Pi Coin could be due to reports stating that Binance has rejected the listing of PI Network.
At the time of writing, Pi Coin traded at $0.8215, down by 10.44%. The coin traded near its intraday low of $0.811. Following this, the market cap of Pi Coin dropped to $5.55 billion. Its trading volumes stood at $288.41 million, up by 57% in the last 24 hours. At the current price, Pi Coin has nosedived by over 72.5% from its all-time high of $2.98 which was recorded on February 26. Also, Pi Coin is closer to its record low of $0.6152 that was recorded on February 20.
