PI Network is losing grounds and another viral altcoin has managed to overtake it already.

Pi Network’s price performance over the past 10 or so days has been quite disappointing but also roughly in line with the rest of the market.

After soaring to a high that we hadn’t seen since November last year, close to $0.30, PI’s price has been in a freefall and currently trades at $0.19. That said, the cryptocurrency is up by almost 10% over the past 30 days, but has lost more than 81% over the past year and 12% over the past two weeks alone, according to CoinGecko.

As mentioned above, PI’s price action in the past days isn’t isolated and mirrors…