PI coin is priced at $0.188 today, down 8% over the past 24 hours (compared to a 2.5% decline in the broader market). The weekly decline of 9% and monthly decline of 11% are even more concerning. Since its all-time high of $2.99, this represents nearly a 94% drop. From a technical perspective, the RSI has fallen to a one-year low of 11.5, trading volume has significantly shrunk, and the MACD has turned negative—almost all indicators are flashing red. However, such extreme oversold conditions often signal a potential rebound. Some analysts believe there may be a short-term opportunity for a rebound to around $0.35, but caution is advised and further observation of trading volume is necessary to see if it can support a recovery.

Has anyone actually verified the legitimacy of Pi Wallet? There's growing concern about whether this platform operates transparently and can be trusted with user assets. Multiple reports suggest potential security and credibility issues that demand closer scrutiny. Before considering any interaction with Pi-related services, investors should conduct thorough due diligence and examine available evidence carefully. The crypto space requires constant vigilance—don't let promising narratives override fundamental security checks.