Pi Network price has moved sideways in the past two weeks as its demand and liquidity waned. The token was trading at $0.1750, down by about 40% below the year-to-date high. It has slipped by over 90% from the all-time high, erasing billions of dollars in value. It has formed the risky head-and-shoulders pattern, pointing to further downside as its demand wanes. Pi Network price on edge as demand wanes The ongoing Pi Network price consolidation is happening as third-party data shows that its demand has faded. According to CoinMarketCap, the 24-hour volume dropped to just $18 million on Thursday, down from over $90 million in March this year.
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