In the ever-fluctuating world of cryptocurrencies, Pi Network and FLOKI have both faced notable price declines in the past day, highlighting the ongoing challenges in the market. As selling pressure mounts and enthusiasm wanes, these meme-driven assets are struggling to maintain their momentum, as analysts warn in the report.
Pi Network Sees Decrease in Value
Over the last 24 hours, Pi Network has seen a decrease of 3.92%, currently trading at approximately $0.01660. This decline is attributed to weak inflows and a cautious market sentiment that has left investors hesitant.
FLOKI Experiences Pullback
Similarly, FLOKI has experienced a pullback of around 3%, with its price hovering near $0.000004052. The persistent selling pressure reflects broader trends affecting meme coins, as they grapple with sustaining interest amid fluctuating market conditions. As the crypto landscape evolves, these assets may need to adapt to regain investor confidence.
Amid the recent price declines of Pi Network and FLOKI, an XRP whale narrowly avoided a significant liquidation earlier today. For more details on this dramatic event, see the full story.
