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Crypto

Pi Network Struggles to Break Above $0.10 Amid Fading Market Sentiment

Guavy AI Editorial Team
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The Pi Network is attempting to break above the $0.10 level amid mixed market sentiment.

The cryptocurrency has been struggling to extend its recovery, and while it remains bullish technically, buyers are facing headwinds.

The broader cryptocurrency market's risk-on sentiment is moderating, with CoinMarketCap's Fear and Greed Index reading 70, down from 78 last week, indicating reduced bullish intent among investors.

Pi Network's social chatter remains muted, with Santiment data showing a low Social Dominance score of 0.01% this week, suggesting retail demand is overlooking the token.

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