Why Pi Network Coin Price is Dropping

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Story Highlights* Pi Network Coin falls 9% despite overall crypto market rally led by Bitcoin gains.

  • Over 100 million Pi tokens unlock in July, increasing heavy selling pressure rapidly.
  • Technical chart shows Pi trapped in a downtrend, with weak volume and bearish RSI.
  • Even Pi2Day hype failed to lift price, now nearing all-time low at $0.40.
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