Pi Network Plummets 44% in 4 Days! Is It the End? šš„
Once a promising star in the crypto sky, Pi Network (PI) now finds itself tumbling faster than a clown on a unicycle. Despite a modest 23% climb last week, recent events have sent PI on a rollercoaster, dropping a staggering 44% in just four days. Apparently, that $100 million fund launch was not exactly the fairy tale it was cracked up to be. Critics are whispering, “Nice try, but whereās my DApp?” š¤”šø
The technical indicatorsāthink of them as overly sarcastic weathermenāpredict rough seas ahead. The Ichimoku Cloud and BBTrend show PIās momentum fading faster than a soap bubble in the sun. No signs of a comebackājust a lot of wishful thinking and downward arrows. If key resistance levels are reclaimed, maybe, just maybe, weāll see a glimmer of hope. But donāt hold your breath. š¶ļø
Pi Struggles Below Cloud as Bearish Mood Dominates
The Ichimoku Cloud chart, that mystical crystal ball of crypto, reveals Pi sinking lower. Its price is beneath the Kijun-sen (thatās the red line, not a fancy cocktail) and flirting with the Tenkan-sen (the blue line, or as I like to call it, the blue āuh-ohā line). The candles dance near the Kumo Cloudās edge, hesitating like a reluctant dancer. The green lagging lineāChikou Spanāsits sullenly below, cementing the bearish prophecy.

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The Bollinger Band Trendāfancy name, right?āshows us that volatility is shrinking faster than grandmaās bikini in winter. The trendās weak and limp, hinting that PI might just be lounging in a state of indecision, waiting for a miracle or a disaster to occur. Maybe both. š¤·āāļø
Community Cries, “What the Heck Is Happening?” as PI Dips Below $1 After Fund Flop š„
The grand $100 million Pi Network Ventures fund was supposed to be the magic potion to revive the project. Instead, itās become just another reason for the community to roll their eyes and mutter, āAre we there yet?ā Critics say the projectās promisesālike launching 100 DApps, smooth KYC, and referral rewardsāare about as real as unicorns. Meanwhile, the fund is just a Google Form away from disaster, and PIās price below $1 is the cherry on the cake of disappointment. š

Technical signals areās favorite little drama queens. Indicators like DMI and CMF are confirming a slow death, while EMA lines are tighteningāready for an ominous death cross. Despite a 23% bump over a week, the recent action screams, āI think weāre losing confidence, folks.ā Unless PI finds a way to stay above $0.80, it might crash toward a humble $0.57 berth. Or, if somehow the bulls wake up, it might surge past $0.94 and dream of $1.30āor maybe even $1.67! šÆ
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2025-05-16 22:06