
Pi Network to Turn Volatile amid 50% Monthly Drop: Analyst
PI token is facing selling pressure after a suspicious surge in micro wallet activity, potentially leading to wash trading schemes or dumping.
1H
-0.17%$0.0011
24H
0.97%$0.0061
7D
-3.73%$0.0247
30D
-36.4%$0.3656
PI token is facing selling pressure after a suspicious surge in micro wallet activity, potentially leading to wash trading schemes or dumping.
The PI token shot up over 3% in the past 24 hours as 1.5 million tokens are scheduled to be unlocked per day starting April 11.
Following an 80% weekend rally to $0.75, Pi Coin has dropped over 10% in the past 24 hours with daily trading volumes exceeding $450 million.
Binance has once again overlooked Pi Network in its latest Vote to List initiative, despite selecting 12 other tokens for potential listing.
Pi Coin has dropped 10% in value, trading at $1.54, as traders brace for further declines following repeated rejections at $1.70.
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