Here’s why Pi Network, Dogecoin, XRP, and Monero are crashing

Bitcoin and most altcoins were deeply in the red today, February, with the market capitalisation of all coins falling by nearly 3% in the last 24 hours. Humanity Protocol token plunged by nearly 12%, while top altcoins like Pi Network (PI), Dogecoin (DOGE), Ripple (XRP), and Monero (XMR) fell by nearly 10% and erased most of the gains made during the weekend. Pi Network, Dogecoin, XRP and Monero are falling amid profit-taking One of the main reasons why top altcoins like Pi Network, XRP, Dogecoin, and Monero are plunging is that investors are booking profits after the weekend surge, when they were among the best-performing coins in the crypto industry. At its peak, Pi Coin price was up by over…