Pi Coin took a sharp nosedive in the last 12 hours, dropping 16% as panic gripped the crypto market. The coin, which was trading close to $0.65 just two days ago, now hovers around $0.5589, down nearly 10% in the past 24 hours.
Its market cap has dropped to $3.82 billion, and its 24-hour trading volume has taken a sharp hit too—down over 57% to $468.5 million.
This decline comes as part of a wider market slump. Bitcoin fell below $77,000 after losing 10%, while Ethereum took a heavy hit, plummeting 17% to dip below $1,500.
Traders are calling it a “Black Monday” as red dominates the charts and fear creeps back in, the crypto market cap dropping over 9%, valuing at $2.4 trillion, and the Fear and Greed Index has dropped to a chilling 17, signaling extreme fear.
Just two days back, Pi Coin did the unthinkable. While the rest of the market bled, it soared nearly 70% in just five hours, finally cooling off at a 45% gain. The sudden spike turned heads and gave holders a dose of much-needed hope. But now, the momentum’s flipped again — classic crypto chaos, wild as ever.
Also Read: Crypto Market Sees $1.38B in Liquidation As Bitcoin Price Crash
