Pi Network (PI) faces great pressure on the downside after a severe decrease in value during the past week.
According to data from CoinMarketcap, the PI price has decreased by more than 26 % in the past seven days, which led to twice the broader encryption market, which decreased by only 3 % during the same period.
Although PI decline reflects the total market disorder, the distinctive symbol is now at risk of reaching the lowest new level ever if the emotional feelings continue.
PI network update
Despite price expectations, the PI network is still one of the largest symbolic societies in space.
The controversy or not, the project attracts huge numbers of pioneers.
This is part of the reason that the team has completed an important update for its platform.
PI network has The authentication of dual -factor factors provided e -mail (2FA) to manage and verify accounts.
This change aims to address long problems with short messaging service.
In the update, the PI network said that SMS verification proves that it is unreliable and costly due to the differences in global communications.
However, by switching to 2FA -based e -mail, the PI network aims to enhance the safety of the user.
The shift opens the door for future implementation of advanced verification methods such as corridors and vital measurements.
Pi’s current market performance
The original PI, PI, is about $ 0.69, according to Coinmarketca.
Over the past 24 hours, as of March 31, 2025, PI has seen a 10 % change in the price.
This is not isolated because most Altcoins feel pain amid the continued cutting on the market.
The fresh catalyst is likely to be higher, including the PI network.
However, with weekly directions draw a bleak picture, PI can see more negative movement.
The code has lost 26 % of its value in the past seven days.
A look at the broader market shows a weak range compared to the global encryption market, which decreased about 3 % in the same period.
The biggest drop!
$ PI It was the largest drop per week! With the decrease in the price of more than 25 % this week, PCitoreteam Decrease $ PI Selling services from the first investors and low social participation of the project! source: Coinmarketcap
As such, PI is not trading only among the best losers in the encryption market last week, but it may also risk in the face of the lowest new level ever.
This region is less than $ 0.70.
The distinctive symbol price path contains some analysts, indicating more pain.
In the event of an extended decline, the PI can decrease to $ 0.6 or even $ 0.05. The 24 -hour PI range includes a decrease to its lowest level at $ 0.68.
The post is the PI (PI) tending to the lowest new level after 26 % of the diving? First appeared on Invezz
