FUD priceFUD

Pi Network faces manipulation from fake exchanges, scammers, FUD spreaders, and possible delays. OTC traders set false prices, and future whales may manipulate the market. Have you seen any signs of this?

Pi Network’s native cryptocurrency, Pi Coin (PI), has experienced a major drop in value, falling below the $1 mark. As of recent market data, Pi has lost more than 18% in the last 24 hours, raising concerns among investors. If PI fails to maintain its $0.95 support level, further declines could push the coin to as low as $0.87. On the other hand, a shift in sentiment could see it rise back to $1.34 and beyond, but bulls face a difficult challenge to regain momentum. Why is Pi Coin Falling? Several factors have contributed to Pi Coin’s sharp decline in value, and the situation has left investors scrambling for answers. Binance and Coinbase Listing Failures A factor behind Pi’s downfall is the delay in listing the coin on major exchanges like Binance and Coinbase. Both platforms previously teased the possibility of listing PI, sparking speculation and optimism among investors. However, the failure of these listings to materialize has dampened sentiment, leading to a drop in demand for Pi Coin. The lack of official exchange listings has left many to question the coin’s future and viability in the broader market. Decreasing Supply and Deflationary Pressures Although Pi Network has not formally announced a coin burn, the supply of Pi is steadily shrinking. Several mechanisms have contributed to this decrease: Transaction Fees: Pi’s transaction fees are burned permanently, with over 528,671 PI tokens burned by early March at a rate of 3,000–4,000 tokens daily. While this may sound beneficial from a supply reduction perspective, the deflationary pressure has not been enough to offset the broader market sentiment surrounding the coin. Unverified Accounts: Tokens held by users who missed the Know Your Customer (KYC) deadline have been burned, further reducing the coin’s total supply. As of now, the circulating supply stands at approximately 6.8 billion PI tokens. These measures aim to address fake and abandoned accounts, but they have also intensified the perception of a decreasing supply. Investor Sentiment: FUD or a Genuine Concern? The drop in Pi Coin’s value has sparked widespread fear, uncertainty, and doubt (FUD) in the market. Sentiment has worsened by 80% within a single day, with some users even claiming “manipulation” and “panic” selling. Trading volume has decreased by 37%, signaling a reduction in market activity. $PI

Loss momentum i think. The dev allowed FUD spread to happen exactly like FUD wants. 6th years project but little to noone good news after release. understandable if -400% in a month chipped out trust in community and who want genuine interest to invest . It's Free market after all. Even Whale is out.

$PI banyak yang memanfaatkan dengan fud pi karena ingin membelinya di harga terendah Tetap stay keep guys jangan jual di harga sekarang Harga pasti akan naik

😳welcome the $PI community to the crypto market! Dips are normal,and it's very common for altcoins to have major corrections post launch 🔸 But with patience and good research,you'll see the potential Pi still has,and you'll get good at blocking the FUD. Continue mining,pick your entries wisely and drop a follow