Despite a 4% drop in Pi Coin price, the Pi Network introduces new features aimed at enhancing usability and attracting developers, indicating potential long-term growth.
Pi Coin has experienced a 4% decline in the last 24 hours, dropping to $0.5104 as the broader crypto market fell by 1.5%. Over the past two weeks, Pi Coin is down 15% and 17% in the last month, with an 83% decline since its peak of $2.99 on February 26. Despite these losses, Pi Network announced two new features on Pi2Day: an AI-powered app development studio and Ecosystem Directory Staking, aimed at improving usability. However, technical indicators suggest further price weakness, with predictions of potential drops below $0.50 in the near future.