Pi Coin Price Drops $1 Peg Upon PI Network Centralization Fears

Pi Network’s (PI) native crypto price flattened by a massive 32% over the time span of 7 days, sending the freshly-launched altcoin below the $1 mark. Indeed, the mobile mining pioneering community had to take a couple of major hits in a few weeks. Firstly, Binance’s decision not to immediately list Pi Network (PI) after an almost unanimous vote infuriated PI coin holders. How Sell-Offs Punched Pi Price Below $1 Secondly, the tight Pi token unlock schedule has scared off a group of investors, popularly referred to as ‘paper-hands’, a crypto slang term referring to investors selling out of

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