Pi Network (PI) Price: Cryptocurrency Drops Out of Top 20 After 33% Decline
TLDR
- Pi Coin crashed 33% in price following the launch of a $100 million VC fund
- Market cap plummeted by nearly $5 billion, dropping out of top 20 cryptocurrencies
- Pioneer community expressing frustration over lack of functioning DApps
- Community leaders accuse Core Team of neglecting early supporters
- Price dropped from $1.5 to around $0.84-0.89 within days
Pi Coin has experienced a sharp decline in value following what many expected to be positive news for the network.
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Read MoreUK economy grows above forecasts, but tariffs threaten progress
Photo: JUSTIN TALLIS / POOL/AFP
Source: AFP
Britain’s economy grew more than expected in the first quarter, official data showed Thursday, covering the period before business tax hikes and US President Donald Trump’s tariffs blitz took effect.
» Read more about: UK economy grows above forecasts, but tariffs threaten progress »
Read More'It was gutting, but we're a club on the up': Stockport County fans bullish despite play-off heartache
‘We will come back stronger’
Stockport County fans say they are still positive about the future despite their heartbreaking play-off defeat.
The Hatters missed out on a trip to Wembley and a shot at promotion to the Championship after losing to Leyton Orient on penalties in the second leg of their League One play-off semi-final.
Read MoreHere's Why I'm Getting More Bullish on Roblox Stock
Roblox (RBLX 3.15%) has nearly 100 million daily active users on its gaming platform on average. And many of those users are young school-aged kids who are starting to get into gaming.
There’s no need for an expensive console with Roblox; a phone,
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Read MoreCathie Wood Is Selling Palantir Stock. Should You?
Cathie Wood of Ark Invest just sold over 1 million shares of Palantir.
During 2023 and 2024, investing in the technology sector seemed like a no-brainer. Euphoric narratives surrounding the artificial intelligence (AI) megatrend had investors plowing into different end markets across the technology spectrum, and minting a lot of profits in the process.
» Read more about: Cathie Wood Is Selling Palantir Stock. Should You? »
Read MoreThe Burst
NVIDIA’s $600 Billion Wipeout, Is the AI King Losing Its Edge?
The $2.8 trillion chip juggernaut NVIDIA Corporation (NASDAQ:NVDA) announced Q4 earnings, and clearly disappointed the Street. There has been a lot of noise around stock based as well as the threat of generative AI technology from China – DeepSeek in particular – which has put the share price under serious pressure.
» Read more about: NVIDIA’s $600 Billion Wipeout, Is the AI King Losing Its Edge? »
Read MoreThe Ivy
Tesla Just Flipped the Switch, Is a Massive Reversal Starting?
Tesla (NASDAQ: TSLA) has been battered for weeks but the tide may be turning.
According to one former US Champion trader who’s known for his ability to catch turning points with surgical precision, Tesla just flashed one of the strongest technical setups in the market.
Key Points
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Tesla has emerged as the strongest name on the screen with a powerful bounce off the lows and short-term moving averages aligning for a potential upside surge.
» Read more about: Tesla Just Flipped the Switch, Is a Massive Reversal Starting? »
Read MoreThe Spotlight
1 High Energy Drink To Buy on the Dip?
Celsius Holdings (NASDAQ:CELH) is the maker of a line of energy drinks that has skyrocketed in popularity in recent years.
Once virtually unknown, Celsius has used social media marketing and celebrity influencer deals to rapidly build its brand awareness.
Although the product itself has been quite successful, the stock’s performance hasn’t matched it.