Pi Coin (PI) has lost nearly three times its value since its launch three months ago, and a sudden crash to $0.40 is now looming. This crash is imminent, as concerns within the community grow after Pi Coin price dropped by 50% last week despite a $100M initiative by the development team. Pi Coin Price Loses $14B Market Cap in First 3 Months Pi Coin reached an all-time high market cap of $19.4 billion on February 27, which was around one week after the token launched on exchanges. This market cap pushed PI close to being a top-ten crypto, but since then, it has seen a drastic decline in value. At press time, Pi Coin trades at $0.73, which is 75% below its all-time high price of $2.99 attained in February. In the last one week alone, the token has dropped by more than 50% after a disappointing Pi Network… Read More at Coingape.com
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