Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down
Pi Network has crashed because more exchange listings have remained elusive over a month after its mainnet launch. Most of Pi’s trading is happening on exchanges like OKX, Gate.io, and Bitget.
Pi coin price has also crashed as demand among investors wanes. According to CoinGecko, its 24-hour volume on Wednesday was just $213 million. At its peak in February and early March, Pi averaged over $1 billion in daily volume.