The pi symbol in the cryptocurrency market is currently experiencing an unstable phase. According to recent updated data, Pi Network (PI) has dropped to $0.17, but positive signs are beginning to appear as selling pressure eases slightly along with a decrease in exchange reserves.
Pi Network Price Drops to $0.17, Weak Trading Volume
The Pi Network market is showing mixed signals. Although the pi symbol has found some support from reduced selling pressure, the recovery remains very weak. According to analysis from NS3.AI, trading volume has decreased significantly, reaching only $1.52 million in the past 24 hours, reflecting a lack of investor interest. The price is currently fluctuating around $0.17, creating a difficult situation for those holding the pi symbol.
Risks from Token Unlocks and Supply Pressure
One of the main factors hindering Pi’s recovery is the upcoming token unlock. This release will increase the supply on the market, creating further selling pressure. Additionally, the broad risk sentiment across the entire cryptocurrency market, triggered by geopolitical events such as new tax policies, has increased volatility for this project.
The Overall Cryptocurrency Market Is Also Under Pressure
Pi Network’s difficulties are not an isolated phenomenon. Bitcoin (BTC) is currently trading at $89.07K, while Ethereum (ETH) is around $3.02K, both under pressure from macro factors. This indicates that not only the pi symbol but the entire cryptocurrency sector is facing challenges from the global market environment. Investors need to closely monitor signs of recovery and pay particular attention to changes in trading volume to determine whether the pi symbol can find a bottom.
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Pi Sign (PI) Reached Low Level But Shows Signs of Recovery Amid Market Pressure
The pi symbol in the cryptocurrency market is currently experiencing an unstable phase. According to recent updated data, Pi Network (PI) has dropped to $0.17, but positive signs are beginning to appear as selling pressure eases slightly along with a decrease in exchange reserves.
Pi Network Price Drops to $0.17, Weak Trading Volume
The Pi Network market is showing mixed signals. Although the pi symbol has found some support from reduced selling pressure, the recovery remains very weak. According to analysis from NS3.AI, trading volume has decreased significantly, reaching only $1.52 million in the past 24 hours, reflecting a lack of investor interest. The price is currently fluctuating around $0.17, creating a difficult situation for those holding the pi symbol.
Risks from Token Unlocks and Supply Pressure
One of the main factors hindering Pi’s recovery is the upcoming token unlock. This release will increase the supply on the market, creating further selling pressure. Additionally, the broad risk sentiment across the entire cryptocurrency market, triggered by geopolitical events such as new tax policies, has increased volatility for this project.
The Overall Cryptocurrency Market Is Also Under Pressure
Pi Network’s difficulties are not an isolated phenomenon. Bitcoin (BTC) is currently trading at $89.07K, while Ethereum (ETH) is around $3.02K, both under pressure from macro factors. This indicates that not only the pi symbol but the entire cryptocurrency sector is facing challenges from the global market environment. Investors need to closely monitor signs of recovery and pay particular attention to changes in trading volume to determine whether the pi symbol can find a bottom.