Pi Network has experienced a sharp depeg from Bitcoin, what exactly is going on?
As Bitcoin approaches its annual high, some alts are clearly falling into a lull. Pi Network (PI), once praised for its participatory and mobile-first model, has seen its valuation fluctuate under the influence of declining technical indicators and a noticeable atmosphere of distrust. This long-supported project by the community now faces harsher market realities, where any structural weaknesses will be punished immediately. Under the dual pressure of dumping and future uncertainties, this crypto asset is facing significant development opportunities, nearing a critical threshold.
- 1