Pi Network’s native token PI has crashed roughly 73% less than one month after reaching its all-time high at $2.99 on Feb. 26.
As of press time, Pi was trading at $0.81, inching closer to its $0.70 launch price on Feb. 20.
The performance is significantly below the crypto market average performance in the same period, as altcoins corrected 6.9% on average. This makes PI drawdown over 10x deeper than the rest of the market.
