Pi Network falls 15% and loses $1 billion market cap
- —PI fell 15.42% from September 15: from $0.10 to $0.083
- —Pi Network's market cap dropped below $1 billion
- —Key resistance since July is the $0.0986 level
- —A rebound to $0.0918 is possible, but the trend remains bearish
Why it matters: The continued downtrend and loss of the $1 billion market cap point to PI weakness amid tightening liquidity.
Source: AMBCrypto