$p🔻 Pi Network Price Crash May Continue as Exchange Inflows Surge 🔻

The Pi Network (PI) token is facing intense downward pressure, with its price falling to $0.7570, a 13% weekly drop and 54% decline from May’s peak. The major causes include:

High exchange inflows: Over 3.075 million PI coins moved to exchanges in 24 hours, indicating panic selling.

Massive upcoming unlocks: Over 628 million PI tokens will be released between June and August, increasing supply.

Declining social interest: Pi’s social dominance has dropped sharply, suggesting fading retail enthusiasm.

Technical indicators show a bearish flag pattern and price trading below key moving averages. If the price breaks below $0.63, it could fall further toward $0.40, its all-time low.

Conclusion: Without a strong recovery catalyst, Pi Coin may continue its decline amid weakening fundamentals and sentiment.

#PiNetwork #picoin #CryptoCrash #BearishTrend #CryptoNews #Altcoins