Pi Network’s Token Plunges 30% After Short-Lived Rally Above $1.50

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-15 15:28:15

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

Pi Network’s native token has experienced a sharp 30% correction following a brief rally that pushed its price above $1.50 earlier this week. The downturn comes as skepticism grows within the Pioneer community regarding the project’s ecosystem development progress.

Market activity spiked during the volatility, with heightened trading volume and price swings reflecting increased investor attention. The decline followed Pi Network’s announcement of a $100 million ecosystem fund, which failed to reassure holders awaiting more concrete advancements in decentralized application development.

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