<ul data-eligibleForWebStory="true"><li>Pi Coin is facing pressures despite the launch of Pi App Studio for building applications without code.</li><li>Analysts predict a potential drop towards $0.40 by August due to the release of 318 million new Pi tokens, leading to market flooding.</li><li>The Pi2Day event historically has not led to positive outcomes, with Pi Coin experiencing declines post-event, following a pattern of 'sell-the-news' behavior.</li><li>Concerns over centralization persist as a few wallets hold a significant amount of Pi Coin, with wealth concentration raising potential challenges for long-term network stability.</li></ul>

Pi Coin Under Pressure Again – Is a Drop to $0.40 Coming?

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