PI Network Traders Sell PI Coins Amid Crypto Market FUD
The cryptocurrency market has experienced a major setback today due to increased geopolitical tensions escalating between Iran & Israel. Following this, top altcoins including PI crypto have lost significant value in their respective portfolios.
Over the past 24 hours, the PI price is down approximately 10% with a jump of 254% in its trading volume to $241.31 million. With this, its valuation has dropped to $4.2 billion with a market dominance of 0.1288%.
This has resulted into a Fear, Uncertainty, Doubt (FUD) like situation in the crypto space. Moreover, investors are actively monitoring the price action of cryptocurrencies as the sentiments suggest increasing uncertainty during the upcoming weekend.