Is Pi Network on the Brink of a Meltdown? Or Is It Just a Bad Hair Day? š¤šø
Oh, noble reader, gather āround as we unveil the latest tales of the illustrious Pi Network, that shimmering beacon of hopeāor so we thought. Today, our dear Pi has taken a nosediveāseeking the depths of $0.67, with a volatility of 6.3%. Ah, what merriment! šš
The market cap, a staggering $4.84 billion, now teeters as the coin whispers sweet nothings about further decline, all amid the grand spectacle of US-China tariffs and political disarray. Surely, a party for the ages! š·š¤”
On-Chain Metrics Show That Pi Is Crying for HelpāOr Just Selling Out!
According to the ever-wise Chaikin Money Flow indicatorāthink of it as the coinās mood ringāsellers are now strutting around as if they own the place. The CMF dips below zero, indicating that Piās buyers are hiding under their beds while sellers dance in the streets. Looks like confidence has taken a holiday! šš
If that werenāt enough, the Squeeze Momentum Indicator reveals Pi caught in a bearish squeeze! The black dots indicate calm before the storm, and blue dots predict the big crashāthe kind of crash that makes elevators seem like merry-go-rounds. One might say weāre riding a downward roller coaster. šā”ļøā¬ļø

Pi Network CMF ā Source: TradingView
As the pressure mounts, expect Pi to slip furtherāperhaps down to a modest $0.40, according to the wise sage Dr. Altcoin. He predicts, with the seriousness of a fortune-teller, that until late August, Piās value may plummet, unzipping your wallet and making your dreams of riches evaporate. šøš§āāļø
āThe price of Pi will likely continue to decline until the end of August, after which it may slowly start to recover,ā warns Dr. Altcoin. āUnless the Pi Core Team chooses to shed some lightābecause no sane investor wants to throw their money into a black box.āā
ā Dr Altcoin (@Dr_Picoin) May 28, 2025
So, dear investor, if youāre feeling braveāor perhaps just thoroughly confusedākeep your eye on Pi. Will it bounce back? Or are we all just characters in a financial tragedy comedy? Only time shall tell! šš

Pi Network Squeeze Momentum Indicator ā Source: TradingView
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2025-05-30 21:56