$BTC $BNB Pi Coin in Trouble? Key Points Investors Need to Know
Volume Crash: Daily trading volume has dropped 44% to $158 million, signaling waning investor interest despite a price rebound above $0.60.
Weak Network Activity: The Pi Network reportedly processes less than one transaction per second—far below expectations from the Open Mainnet launch.
Core Team Silence: Lack of updates and transparency from the Pi team is eroding trust and pushing away serious investors and exchanges.
Token Flood Ahead: Around 134 million Pi tokens are set to enter circulation monthly starting next week, which could trigger heavy price pressure.
Technical Overview (April 11):
Price bounced from $0.5812 support to above $0.600.
RSI and MACD indicate bullish momentum, but resistance near $0.605 is slowing gains.
Key support levels: $0.600 and $0.5812. Trend remains intact unless the rising channel breaks.
Investor Sentiment: Without action—such as token burns, utility rollout, or communication from the team—a drop below $0.30 remains a real threat.
Conclusion: Price recovery isn’t enough. Pi needs bold moves and real leadership to regain trust and drive long-term growth.
