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Pi Coin Price Crash: From $3 Hype to $0.63 Reality

  • The Pi Network token has experienced a significant crash, dropping from above $3 to just $0.6344.
  • The Pi Network project faced skepticism due to its questionable mining model and lack of transparency.
  • The manipulated launch spike saw the token briefly reaching heights above $3, with suspicious price action.
  • Various factors like unsustainable tokenomics, lack of real use cases, and regulatory concerns contributed to the crash, leading to a bearish outlook for Pi Coin.

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