I keep saying Pi Network feels less like a coin and more like a waiting room, and today doesn't change my mind. $PI is down almost 6% to around $0.12, sliding while most of the market just sits flat. To me the reason isn't some dramatic news, it's the slow drip of the thing itself: millions of people mined it on their phones for years, and now those coins keep trickling into circulation, so there's way more supply showing up than there are buyers excited to grab it. Hype that big is hard to feed forever. I checked the price this morning half expecting a bounce, given how loud the community still is, and nope, more red. What gets me is the gap between the size of that crowd and how quietly the chart keeps bleeding. A huge user count was always the pitch, but a user isn't a buyer, and right now that difference is showing.

#PiNetwork #PI