Pi Network Faces Backlash As Users Struggle With Mainnet Migration

Coin Faces Heavy Losses Amid Market Uncertainty

As migration issues continue, Pi Coin has suffered a sharp decline, dropping 16.3% this week and currently trading at $1.40. In the past 24 hours alone, it has seen a 12.2% decline. Despite this downturn, some analysts remain optimistic, pointing to the upcoming Pi Day on March 14 as a potential catalyst for a price rebound. Adding to the pressure, Pi broke below key support at $1.43, confirming a bearish trend, with the 50-day EMA at $1.74 now acting as a major resistance