🚨📉 Pi Network Price CRASHES 60% – Is $0.40 Next? 📉🚨$

The Pi Network (PI) is in freefall, plummeting 60% since May’s high of $1.65 and now struggling near $0.62! Analysts warn of a possible drop to $0.40 if bearish pressure continues .

### Why the Crash?

🔻 Massive Token Unlocks:263M+ PI tokens are set to unlock in June, flooding the market with supply .

🔻 Lack of Utility & Adoption: Minimal real-world use and delayed mainnet progress are hurting confidence .

🔻 Bearish Signals: RSI, MACD, and moving averages all point to further downside .

### Can PI Recover?

Some analysts see hope if $0.60 support holds, predicting a rebound to $1+ later this year . But with low liquidity and no major exchange listings, the road ahead looks rocky.

### What’s Next?

🚨 Watch $0.60 – A break below could trigger a 37.5% drop to $0.40 .

🚀 Potential Catalyst? A Binance listing or mainnet upgrade could revive PI’s fortunes—but for now, caution is key!

💬 Your Take?

👉 Is this a BUY opportunity or a dead cat bounce? Drop your thoughts below! ⬇️

#PiNetwork #PiCoin #CryptoCrash #Altcoins #CryptoNews #Trading #Bitcoin #Blockchain #Investing #DYOR

(Sources: Coinpedia, Brave New Coin, Bitget, AInvest) 📊