Pi Network price just crashed to a record low, continuing a downward trend that has been going on since its mainnet launch early last year. It plunged to a low of $0.1190, bringing its market capitalization to over $1.4 billion, a $18.6 billion lower than its all-time high of $20 billion. This article explores why the Pi Coin price continues its crash. Pi Network price has crashed amid the ongoing crypto market weakness The main reason why the Pi Network Coin has crashed this year is because of the ongoing weakness in the crypto industry that has affected Bitcoin and most altcoins. Data shows that the market capitalization of all tokens has dropped to $2.3 trillion this year.
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