The recent plunge of the Pi Network's price by over 90% has raised significant concerns among its community, with many fearing a potential rug pull. This dramatic drop has wiped out billions from its market cap, leading to speculation about the future of the token and the integrity of the project. Such volatility in the cryptocurrency market can shake investor confidence and highlight the risks associated with digital currencies.

The Pi Network has experienced a staggering 90% price crash, prompting a crypto analyst to label the situation as a 'rug pull.' This significant decline raises concerns about the integrity of the project and the potential losses for investors. Such events can shake confidence in the cryptocurrency market, highlighting the risks involved in investing in digital currencies.