Pi Network (PI) Drops Below $1 Amid Market Sell-Off

In Brief:

Pi Network (PI) has dropped below $1, now trading at $0.91 USDT.

Market sentiment remains bearish following its exchange listing and mainnet launch.

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Pi Network (PI) has fallen below $1 on OKX, currently trading at $0.91 USDT. The decline follows increased volatility after its recent exchange listing and mainnet transition.

The steep drop signals low confidence in PI's valuation, with analysts pointing to uncertainties surrounding its tokenomics and ecosystem adoption. Investors are watching if PI can reclaim key price levels or continue its downward trend.

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