Pi Coin Holders Panic as Market Confidence Crumbles

Pi Coin (PI), once touted as a potential breakout token, is facing one of its most turbulent periods yet. With a staggering 80% loss year-to-date and a sharp decline in trading volumes, investor confidence in the project has hit rock bottom.

On the contrary, major cryptocurrencies are experiencing significant rallies. Unfortunately for Pi Coin, the digital asset continues to sink, making it the worst-performing asset among the top 40 by market cap.

Notably, at the time of press, the digital asset is trading with $0.3519, a 3.72% surge in the past 24 hours. On top of that, its been a roug patch evidenced by a 16.15% and a 22.81% decline in the past week and month respectively.