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Pi Coin Attempts Recovery After 80% Plunge

Pi Coin Attempts Recovery After 80% Plunge

Global Cryptocurrency
Release Time:
2025-05-07 10:28:01
0
[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -

Pi Network’s native token is showing signs of stabilization NEAR $0.58 following an 80% crash from its February highs. The project now faces collapsing liquidity, with daily trading volumes dwindling below $40 million—a fraction of its initial activity.

Market disinterest appears entrenched as exchange order books thin. While technical indicators suggest oversold conditions, the lack of significant buy-side participation casts doubt on the sustainability of any recovery.

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