Pi Network News: Why PI Token Is Falling Despite Telegram Integration

Pi Network News: Why PI Token Is Falling Despite Telegram Integration
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The post Pi Network News: Why PI Token Is Falling Despite Telegram Integration appeared first on Coinpedia Fintech News
With a series of negative news, KYC controversy, Network issues, and updates, nothing has worked in favor of the Pi Network. Not only that Pi Network (Pi), after the massive hype, is struggling to recover as its price has dropped over 61% in the past month. Even after integrating with Telegram’s Crypto Wallet, Pi hasn’t seen any real buying momentum. The token is stuck in a bearish trend with no clear sign of a turnaround. With fading investor interest, it will be interesting to see if it can beat this downtrend or not. 
Telegram Partnership Fails to Spark a Rally
When Pi Network announced its integration with Telegram’s Crypto Wallet, many expected a price boost. Instead, the token has remained under pressure. Pi’s Bollinger Band Trend (BBTrend), which tracks momentum, has been negative for 12 straight days, currently sitting at -22.34 as per da

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