Looking at the on-chain metrics, Pi has been experiencing a steady downfall over a period of time. The coin’s market cap fell from $19.4 billion to $2.38 billion, showing a straight 77.4% decline in the span of two months. On the other hand, Pi’s trading volume also experienced a fall of 97.4% and is currently standing at $95.97 million.
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Pi is going down the red zone
Looking at the on-chain metrics, Pi has been experiencing a steady downfall over a period of time. The coin’s market cap fell from $19.4 billion to $2.38 billion, showing a straight 77.4% decline in the span of two months. On the other hand, Pi’s trading volume also experienced a fall of 97.4% and is currently standing at $95.97 million.