Warning: Pi Network's Token Price Dips Close to Historic Lows

Pi Network's token has experienced a significant drop in value after weeks of market stagnation, with the decrease seemingly unconnected to the network's internal ecosystem. The main trigger appears to be global events, particularly escalating US-EU tensions, with the US President imposing new tariffs and attempting to buy Greenland. The European Union held an emergency meeting, with French President Macron advocating for a trade strategy to limit US access to European markets. While the crypto market initially remained stable, it dipped when Asian stock markets opened. The Pi token, unlike in previous market fluctuations, was not exempt from this change. The token is now valued below $0.19, close to its all-time low. Another potential factor is the token unlocking schedule, with over 4.6 million tokens being unlocked daily, potentially increasing selling pressure.