Is the PI network heading towards zero? Price crashes will be a new low below $0.60


The PI network has cut 16% in the last 24 hours and has dropped to $0.5128 as the crypto market fell 1% in the wake of ongoing tariffs and recession concerns.

PI is currently down by a whopping 38% in a week and 74% per month, raising concerns that it has entered the death spiral.

Tokens have fallen 82% since reaching an all-time high of $2.99 ​​on February 26th.

Also, there were no new major exchanges trying to list PIs (at least for now), and as long as the market is scared of the early trade war between the US and the world, it could continue to decline.

Will the PI network be zero? Price crashes will be a new low below $0.60

There is no reliable way to sugar paint what Pi is currently experiencing. This is the potential end-of-life collapse of value.

As mentioned above, since peaking in late February, it has lost 80% of its value, and its chart reflects a complete loss of all its momentum.

That RSI (purple) had already struggled before the entire market sale yesterday, but now it has plummeted to under 25, which is seriously sinking.

PI Network Price Chart.
Source: TradingView

The same can be said about the 30th term average (orange) for Pi. This has been sinking even more than 200 years (blue).

Under normal circumstances, the assets have been rebounding after long suffering from such weak indicators, which is a sign of a potentially serious problem, and the PI network has not enjoyed rebound in recent weeks.

And it’s stupid to hope for a recovery to continue soon, as the global economy enters a period of uncertainty and potentially recession.

In addition to this, PI networks are less reliable for the wider market, and some traders and analysts continue to call it a data halibing scheme, a ponge, or both.

This lack of faith may explain why things like Coinbase, Binance, and Kraken have not yet listed tokens.

Given these negatives, the only way to do PI networks is down, and the coin could fall below $0.50 in the coming weeks.

Unless one of the above exchanges takes the step to list, it could drop by as much as $0.40 by June.

New altcoin with strong basics

The PI network looks very suspicious, so many traders may be much happier investigating new tokens.

This is true of Pepe (Mind)’s Mind of Pepe (Mind). This is the ERC-20 token that has raised $7.8 million so far, and it currently raises $7.8 million.

What’s exciting about Pepe’s Mind is that its platform launches agent AI that interacts with cryptocurrency markets and social media.

In particular, it processes transaction data and social media posts to provide market analysis to mind holders, helping investors make better decisions.

It also generates its own meme coins and uses the insights it collects to generate the tokens that are most likely to go viral.

And what is bullish in itself is that coin owners have early access to Pepe’s auto-generated token minds.

Investors can now join PreSale by visiting Mind, Pepe’s website. Currently, Mind is $0.0036671.

This price will rise tomorrow and will continue to rise gradually until the sale ends.

Are posts heading towards zero PI network? Price crash to New Low, below $0.60, which first appeared on Cryptonews.





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