Pi Coin: The Future of Cryptocurrency?

Pi Coin: The Future of Cryptocurrency?
Pi Network cryptocurrency crashes 55%: Pi Coin price falls below $1.5 as KYC deadline looms
Pi Coin has been on a rollercoaster, fluctuating between $1.30 and $2.00 in just a few days. Over the past 24 hours, it plummeted more than 55% from its all-time high, with trading volumes also taking a sharp hit. Yet, despite the turbulence, Pi Coin has climbed to become the 11th largest cryptocurrency on CoinMarketCap in less than a month since its listing on 20 February.

At the time of writing, Pi Coin trades at $1.41, a modest 1.6% rise in 24 hours. However, volumes have dropped by nearly half to $379.1 million. Its market capitalisation stands at $10.18 billion, but with prices still down 53% from its peak of $2.98 on 26 February, investors are on edge