$BTC $ETH $XRP Yes, Pi Network’s price has taken a hit, and the reasons are clear. The initial post-mainnet hype didn’t sustain its momentum, and concerns over token distribution are now taking center stage. With a massive supply flooding the market, selling pressure remains strong. Additionally, the lack of major exchange listings—looking at you, Binance—has left many investors frustrated.
So, what does this mean for traders? Here’s what to keep an eye on:
1️⃣ Unlock schedules – More tokens entering circulation often lead to increased selling pressure. Timing is crucial.
2️⃣ Trading volume – Low volume signals weak market interest. A strong market thrives on liquidity.
3️⃣ Market trends – The entire crypto space moves in cycles, and Pi Network is no exception. Broader market sentiment matters.
4️⃣ Technical analysis & news updates – Staying informed helps in making smarter trading decisions.
The Pi Network journey is still unfolding, but navigating it requires patience and strategy. Are you keeping a close watch? 🚀