Pi Network witnessed significant downward movements over the past few weeks after community backlash. 
The altcoin’s daily trading volume shows a 66.64% surge as per CMC data.

In the last 24 hours, the crypto market has recovered significantly much to the relief of investors. Leading cryptocurrencies such as Bitcoin have climbed further upwards regaining previous trading levels. On the other hand, in the regulatory end, the SEC has confirmed Paul Atkins as its next Chairperson. 
Notably, one of the leading altcoins, Pi Network, has begun to show signs of recovery over the past two days. The cryptocurrency has factored in a modest price increase of 5.75% in the last 24 hours. Following the previous day’s upward movement, it can be stated that PI is attempting to downscale the past week’s bearish trend. 
Moreover, in the evening hours of April 9, the altcoin was trading at a low of $0.556. After this, it rose to an intra-day high of $0.6521 before correcting to c

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