🚨 Pi Network Coin: From Hero to Zero in Record Time! πŸ“‰

Oh, Pi Network (PI), you saucy minx, dipping below $0.70 like it’s some kind of exclusive club you never wanted to be a part of. πŸ™„ In a week that’s felt longer than a transatlantic flight in the middle seat, PI has taken a nosedive, shedding20% of its value. It’s like watching a reality TV star’s career after their show gets canceled. πŸ˜‚ The crypto bears are on a rampage, pushing PI around like a bully in a schoolyard, ensuring it keeps making lower lows. And just like that, Pi Coin has tumbled out of CoinMarketCap’s top25 rankings, faster than a celebrity dropping out of the public eye after a scandal. This descent is more dramatic than a soap opera cliffhanger, highlighting just how exposed PI is in this wild market correction.

Pi Network Price Does the Limbo: How Low Can It Go?

Slipping beneath $0.70, PI is now doing the financial equivalent of the limbo – how low can it go? It’s creeping closer to its all-time low of $0.6152, recorded back in February2025. You know, back when we thought we’d seen the worst. How naive we were! πŸ€¦β€β™‚οΈ

Currently, PI’s price is a whopping77% off its all-time high of $2.98, which, in crypto time, feels like eons ago. Since then, it’s lost more than $14 billion in market value, plummeting from nearly $20 billion to a mere $4.66 billion. It’s like watching someone go from owning a mansion to living in a studio apartment. The decline is relentless, driven by the expectation of1.5 billion tokens flooding the market within the next year. The total supply is set to balloon to8 billion tokens, with monthly unlocks peaking in July. It’s like throwing a party and realizing you’ve invited way too many people and there’s not enough pizza to go around. πŸ•

Despite all the community love, PI remains the wallflower at the major exchange dance, snubbed by the likes of Binance, Coinbase, Kraken, and Bybit. This lack of top-tier listings isn’t helping its case, adding to the growing concerns about its utility and inflation. It’s like being the smartest kid in class but never getting picked for the team.

As selling pressure mounts and liquidity challenges loom, Pi Network’s slide shows no signs of slowing down. It’s like watching a movie where you know the ending won’t be happy, but you can’t look away.

Pi Coin Price: Next Stop, $0.50?

With the latest dip to $0.6729, PI is flirting dangerously close to the $0.65 support level on the4-hour chart. It’s like watching someone walk a tightrope without a safety net. The decline is part of a broader downtrend, with sellers firmly in the driver’s seat and bulls struggling to even get a grip on the wheel.

The MACD indicator is in the dumps, with the signal line above the MACD line, hinting at a weak attempt at a momentum crossover. But let’s be real, this trend is as bearish as a grizzly in a honey store. πŸ˜…

The RSI is lingering near the oversold region, currently at32.03, showing that buyers are about as enthusiastic as someone being offered a salad at a barbecue. If bears manage to break below $0.65, the next stop could be $0.61, a psychological and structural support area. Below this, we’re in uncharted territory, and PI might just set a new all-time low, like a celebrity breaking their own record for most scandals in a year.

For PI to stage a comeback, it would need to overcome resistance around $0.7. Managing that could pave the way to $0.8000. But let’s not get ahead of ourselves – only a sustained close above $0.9 would really signal a trend reversal and put those bearish vibes to rest. Until then, it’s all speculation and crossed fingers. 🀞

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2025-04-03 00:21