$PI PI on PI Da plummeted 28-30% on the day due to the buy-the-rumor-sell-the-news effect. Following a prior 30% rally, the listing on the new exchange immediately faced heavy selling pressure, indicating that actual demand fell short of expectations.
$PI PI on PI Da plummeted 28-30% on the day due to the buy-the-rumor-sell-the-news effect. Following a prior 30% rally, the listing on the new exchange immediately faced heavy selling pressure, indicating that actual demand fell short of expectations.