Pi Network’s native token has crashed 9% in 24 hours and approached a fresh all-time low, dipping below $0.074, roughly 5% away from its record low. The token has rebounded to around $0.075 but remains deep in the red, down 9% daily and 19% weekly, after failing to hold the crucial $0.10 support following recovery from its previous all-time low. Despite the bearish backdrop, analyst Ben, co-founder of BSCNew, describes the sentiment around the asset as « as washed out as I have seen it, » yet remains bullish long-term, prioritizing the project’s development cadence over weekly price movements.
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