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#PI Unfortunately, yes, Pi Coin has been in a downward trend lately. There are several possible reasons for this:
* Selling pressure after the mainnet launch: With the long-awaited launch of the mainnet, miners and early users can sell their Pi coins for cash. This may create downward pressure on the price as the supply increases.
* Balance of supply and demand in the market: during initial listings, there may not be sufficient demand. This can keep the price at a low level.
* Uncertainty: Uncertainty about the future of Pi Coin may also cause investors to be cautious and sell. It would