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Analyst Warns Pi Coin Price Crash Amid Lack of Transparency & Insider Concerns

Pi coin price is on track for further downside until August, according to a popular crypto analyst. He cited the ongoing lack of transparency and insider sales, which have dragged the Pi Network token down by 60% from its highest point in May.  Pi Coin Price Could Crash Amid Transparency Concerns Pi coin price today trades at $0.6800, its lowest level since May 17, and could continue its downtrend in the next few months. In an X post, Dr. Altcoin, a popular Pi analyst, warned that it may crash to $0.40 by August. Such a move would imply a 40% drop from the current level. He cited the lack of transparency from the Pi Core Team, which is led by its founders, Nicolas Kokkalis and Chengdiao Fan. He said: “No investor wants to put money into something where the founders refuse to be transparent.” Dr. Altcoin, who has over 46k… Read More at Coingape.com

The post Analyst Warns Pi Coin Price Crash Amid Lack of Transparency & Insider Concerns appeared first on CoinGape.

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