Pi Network Price Must Drop Below $0.40 To Trigger Rally, Here’s Why

Pi Network’s price momentum appears to be weakening, and it may soon fall below $0.40. Despite recent announcements about ecosystem growth and app hosting, experts hint that most of the positive developments have already been factored into the price, leaving little support for current levels.

Factors Behind the Bearish Outlook

1. Pi2Day Hype Fully Priced In: The excitement around June’s Pi2Day event, AI collaborations, new merchant listings, and ecosystem applications briefly boosted market sentiment. However, these announcements were driven by…