Pi Coin’s Struggles Continue While Network Expands

Pi Network keeps growing behind the scenes, but its coin value keeps sinking. The team recently added tools like smart contracts and an app store called App Studio. They also teamed up with an AI company and plan to let users help with robotics projects soon. A new feature for checking human identities is on the way too, which could compete with other big names. Despite all this progress, the coin’s price has fallen hard since it hit exchanges early this year.The price crash started after trading began on major platforms. It dropped past a key level of $0. 1637 and hasn’t recovered. Right now, it’s near its lowest point since April, and charts suggest it could keep falling. A pattern called a bearish flag is forming, which often means more drops ahead. The coin is also stuck below important moving averages, making recovery seem unlikely for now. Not everyone is worried, though. If the price suddenly jumps back above $0. 1637, the downward trend might be over. But for now, the market isn’t showing much hope. Experts think it could slide all the way to $0. 1300, which would be an 18% drop from today. So far, the network’s upgrades haven’t helped the coin’s value one bit.