Pi Coin is plummeting, and the downturn shows no signs of slowing. Once regarded as one of the top 10 potential altcoins, it has now dropped to the 30th position, hitting a new low of $0.77 in the past 24 hours. This represents a sharp decline of 70% from last month's peak and nearly 20% in just one week.
Currently, Pi is struggling to maintain the $0.8 level, and analysts are not optimistic. Cryptocurrency traders warn that if the price continues to fall, it could drop to $0.6, which is the last critical support level before a deeper collapse. Investors hoping for a recovery are now facing increasing instability.