Pi Network Token Shows Resilience Amid Broader Crypto Weakness

Pi Network's token has been demonstrating resilience in the face of broader crypto market weakness. Despite key losses for Bitcoin and major altcoins, the price of PI has retested resistance above $0.16.

The token's holder balances on centralized exchanges have reduced by over 700,000 PI tokens over the last 24 hours, indicating strong holder conviction and reduced selling pressure.