Pi Network Price Faces Bearish Pressure Despite AI-Fueled Optimism

Is PI Network on the Brink of Collapse?

While this price has held firm so far, the stability may be short-lived. Over the next month, more than 300 million PI tokens are set to be unlocked, raising fears of a heavy supply shock. In the past, similar unlocks have led to sharp corrections, especially when adoption and demand fail to grow in tandem. Adding to concerns is the noticeable drop in positive sentiment across social media and on-chain data. According to analytics platforms, the…

Pi Network Price Faces Bearish Pressure Despite AI-Fueled Optimism

The post Pi Network Price Faces Bearish Pressure Despite AI-Fueled Optimism appeared first on Coinpedia Fintech News The price of PI Network has shown remarkable resilience, hovering around the $0.477 mark in the first week of July. Bullish traders are stepping in to defend this level, to protect its price from a drop that could lead to a revisit of its all-time low.  As technical signals, the token’s price has been consolidating, leaving many t…