Since the beginning of the week, Pi Network’s native token PI has traded sideways, facing new resistance at the former support floor formed at $0.37. 

Traders and investors continue to show limited interest in the altcoin, as its lackluster price performance has failed to inspire confidence among holders.

Falling Interest Threatens Pi Network

According to Santiment, PI’s social dominance has plunged to a weekly low of 0.096%, indicating a sharp decline in the altcoin’s relevance within crypto discussions during the review period.

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The social dominance metric measures how frequently an asset is mentioned across social platforms relative to the rest of the market. When its value falls, the asset is losing attention and engagement from the community. 

PI’s falling social dominance is noteworthy because the lack

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Author: Abiodun Oladokun