Why is Pi Network down today? PI coin tanks 15.6%

Pi Network’s token has dropped nearly 16% in the past 24 hours, now changing hands at $1.14 with a market capitalization of approximately $7.85 billion, according to Coingecko. Pi’s circulating supply reportedly stands at 6.88 billion PI tokens. The crypto, launched on February 20, is 62% down from its all-time high of $2.99 and has […] source: https://www.cryptopolitan.com/why-is-pi-network-down-today-coin-tanks-15-6/