PI Network的早期炒作在市場挑戰中淡出

在移動開采和基於推薦的增長的初步興奮之後，PI網絡處於關鍵關鍵時刻。

The price of Pi Coin (PI) has risen by 8.40% in the past day, reaching $0.6244 as of 08:04 ET on August 24. This temporary spike is nevertheless lower than Pi Coin’s previous peak and falls behind in the week’s performance also, with a loss of 5.75%. Early adopters of the token are questioning its direction with the token being unable to hold gains.

過去一天，PI Coin（PI）的價格上漲了8.40％，截至8月24日，美國東部時間08:04達到0.6244美元。但是，這種臨時尖峰仍然低於Pi Coin的先前高峰，並且在本週表現中也落後於5.75％。代幣的早期採用者正在質疑其方向，代幣無法獲得收益。

This comes as the 24-hour trading volume for the token has also been seen to increase by 16.59% to $113.75 million.

這是因為代幣的24小時交易量也增加了16.59％，達到1.1375億美元。

The Relative Strength Index (RSI) is sitting at 38 and is close to overselling levels, and the Moving Average Convergence Divergence (MACD) indicator is poised to experience a bearish crossover. Further, the Chaikin Money Flow (CMF) indicates that there is capital outflow and ongoing selling pressure.

相對強度指數（RSI）位於38中，接近超售水水平，移動平均收斂差異（MACD）指標有望體驗看跌的交叉。此外，Chaikin貨幣流量（CMF）表示存在資本流出和持續的銷售壓力。

Pi Coin has been trading in a tight range of $059 to $0.67, and a breakdown below such a channel can drive prices down towards $0.5192.

Pi Coin的交易範圍為059美元至0.67美元，低於此類渠道的細分可以將價格降低到0.5192美元。

Unusually, the token is also set to face an influx of supply in the coming months. Having calculated a mean of 131 million tokens being unlocked every month over the next year, the supply may likely overpower demand unless urgent measures to stabilize the network are put in place.

不尋常的是，代幣還將在未來幾個月內面臨供應的湧入。在計算出明年每月解鎖的平均1.31億個令牌後，除非採取緊急穩定網絡的措施，供應可能會壓倒需求。

Earlier this year, about 21.4 million Pi tokens were unlocked, which were valued at over $12 million.

今年早些時候，已解鎖了約2140萬個PI令牌，價值超過1200萬美元。

Pi Network’s Early Hype Fades Amid Market Challenges

PI Network的早期炒作在市場挑戰中淡出

Pi Network is at a critical juncture following the initial excitement of mobile mining and referral-based growth. Bitget Wallet COO Alvin Kan explains that much of the original enthusiasm has been eroded by limited accessibility on exchanges, minimal liquidity, and a lack of material use case.

在移動開采和基於推薦的增長的初步興奮之後，PI網絡處於關鍵關鍵時刻。 Bitget Wallet Coo Alvin Kan解釋說，許多原始熱情因交易所的可及性，最小的流動性和缺乏物質用例而受到侵蝕。

Early adopters were drawn to the possibility of profits and mining rewards, which appear to be diminishing.

早期採用者被吸引了利潤和採礦獎勵的可能性，這似乎正在減少。

Investor frustration is also evident in the relative performance of Pi compared to other large cryptocurrencies such as Bitcoin which rose during the general bull rally. Contrarily, Pi has diverged widely, with the currency falling c9lser to 15% in the past month alone.

與其他大型加密貨幣（如將在公牛集會期間上升的比特幣）相比，PI的相對錶現也很明顯。相反，PI差異很大，僅在過去一個月中，貨幣C9LSER下降至15％。

Pi Coin Recovery Potential Amid Bearish Sentiment

pi硬幣恢復潛力在看跌情緒中

Even with the bearish mood, there is still room for recovery in Pi. Market experts opine that a breakout above $0.8727, along with good volumes, could reverse the downtrend.

即使有看跌的心情，PI仍有康復的空間。市場專家認為，超過$ 0.8727的突破以及良好的量可能會扭轉下降趨勢。

This is, however, dependent on the network providing actual utility and increased synergy in both the retail and decentralized finance (DeFi) markets. A utility-first strategy complemented with significant partnership and exchange listing extensions may help regain trust.

但是，這取決於網絡提供了實際實用性和在零售和分散融資（DEFI）市場中的協同作用。公用事業領先的策略與大量合作夥伴關係和交換上市擴展可能有助於重新獲得信任。

In the meantime, Pi is currently a high-risk token susceptible to any further dip unless quick measures to correct these problems are undertaken.

同時，除非採取快速措施來糾正這些問題，否則PI目前是一個容易受到任何進一步浸入的高風險令牌。