As investors buy the dip and the cryptocurrency market stabilizes, the Pi Network price has staged a strong comeback over the past ten days. Coin of the Pi Network pi
-10.85%
On Monday, the tap-to-earn coin Pi Network reached its highest level since March 29 at $0.755. It has soared by 92% from its lowest level this year.
Before this rebound, the coin was in a strong downtrend as many pioneers started selling their coins. Pioneers are users who were mining the coin before the mainnet launch in April.
It also dropped after centralized exchange listings became elusive and as concerns about its dilution continued. As shown below, over 1.56 billion tokens will be unlocked in the next 12 months, leading to more dilution.#PiCoreTeam #PiNetworkMainnet #cryptocurreny #pi #PiOnBinance