Pi Coin tumbled 24% in 24 hours, intensifying volatility across the crypto market and fuelling renewed doubts over the strength of the Pi Network project.
The sharp decline reflects mounting selling pressure in an already fragile trading environment, with investors split between viewing the move as a routine correction or a deeper liquidity signal.
According to technical analysis, a 24% drop in 24 hours is a strong signal.
Market analysts are closely tracking trading volumes, noting that any sustainable rebound would require a decisive return of buyers to prevent an extended downtrend.
The fall has mechanically reduced Pi Coin’s market capitalisation, underscoring how quickly confidence can evaporate in a sector heavily influenced by collective psychology.
Pi Network has long attracted both curiosity and scepticism within the blockchain ecosystem, with critics questioning whether its structure can sustain long-term token value.
The latest slide highlights the fragility of speculative crypto assets, as volatility cycles and shifting sentiment continue to shape short-term price trajectories.
At the time of reporting, Pi Network price was $0.1716.