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Pi Coin Tumbles 44% After Hitting $3—What’s Dragging Pi Network Down?

  • The price of Pi Coin has tumbled 44% after reaching $3, falling to around $1.67 with a daily low of $1.52.
  • Causes for the decline include delays in a potential Binance listing, suspected whale manipulation, and limited real-world use of the token.
  • The lack of a Binance listing has affected the liquidity and demand for Pi Coin, leading to lower buying interest.
  • For Pi Network to recover, it must focus on expanding real-world use cases, building a stronger ecosystem, and improving investor confidence.

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