![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Pi Network (PI Coin) Price Drops to $0.5663, Losing 77% of Its Value From All-Time High
Apr 04, 2025 at 02:44 am
Currently trading around $0.56, Pi Coin has lost over 77% of its value since reaching an all-time high of $2.98 in February 2025.
Pi Network (PI) price dropped by 15.34% in the past 24 hours to $0.5663 on Thursday, trading at $0.54 at press time. The token has lost over 77% since hitting an all-time high of $2.98 in February 2025.
This downturn has sparked concerns over the token’s ability to maintain key support levels, with analysts now questioning if a further drop toward $0.50 is imminent.
One of the key concerns is the token’s increasing supply. More than 1.5 billion PI tokens are set to be unlocked within the next year, bringing the total supply to 8 billion.
This consistent influx of new tokens has placed downward pressure on Pi cryptocurrency value, making it difficult for the price to stabilize.
Lack Of Major Exchange Listings Spurs Bearish Sentiment
Despite strong community backing, Pi Network Coin is yet to be listed on leading exchanges like Binance, Coinbase, and Kraken. The unavailability of this token has stopped it from attracting new investors and increasing trading volumes.
Binance, for example, has twice rejected the listing of Pi Coin under its “Vote to List” initiative owing to regulatory compliance and transparency issues.
Pi Network (PI Coin) was trading between $0.54 and $0.56 at press time. Source: TradingView
The absence of a Pi Network Binance listing continues to place bearish pressure on the token price as it limits liquidity and general market confidence. Without a tier-one exchange listing, the adoption of Pi Coin as well as its general acceptance in the mainstream is questionable.
Technical Indicators
From a technical standpoint, the Relative Strength Index (RSI) stands at 32.03, nearing the oversold zone.
The Moving Average Convergence Divergence (MACD) remains in the negative region, which means the sellers remain in control.
If the price of PI Coin cannot regain the $0.60 support level, the following notable support is predicted to be at $0.50.
To the upside, a reversal would be necessary to witness PI trading back above $0.65 once again, and again at $0.70 and $0.80. However, present trends suggest downward pressure is going to persist unless there is a change in fundamentals in market attitudes.
Community Frustration
The Pi Network community has expressed growing frustration over the lack of transparency from the Pi Core Team (PCT). Many investors and supporters are calling for clearer communication regarding exchange listings, token utility, and mainnet developments.
Recent reports indicate that despite Pi Network’s participation in PiFest and growing merchant adoption, sentiment remains negative.
“We need real updates and concrete action from the Pi Core Team, not just marketing campaigns,” one community member stated.
There is still hope that Pi cryptocurrency prices may rebound with a successful listing on a big exchange along with improved transparency and compliance. However, until these developments materialize, Pi Coin remains under intense selling pressure.
Investors should closely observe whether Pi Network is able to sustain support at $0.50 or more as downtrends lie ahead.
In the meantime, Pi Network’s market is at risk, and its long-term destiny will be determined by upcoming developments within the ecosystem and broader crypto universe.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Bitcoin (BTC) Might Still Be in an Acceleration Phase, and at the end of this phase experience “a sharp and dramatic rally”
- Apr 04, 2025 at 11:00 pm
- According to a recent research by Fidelity Digital Asset, Bitcoin might still be in an acceleration phase, and at the end of this phase experience “a sharp and dramatic rally”.
-
- Solana (SOL) and Binance Coin (BNB) Market Trends and the Rising Star Coldware (COLD)
- Apr 04, 2025 at 10:55 pm
- The latest updates from the market reveal important trends and shifts that could define the future of digital assets. Let's dive into the current analysis of Solana (SOL) and Binance Coin (BNB), as well as the rising star Coldware (COLD)
-
-
-
-
-
-
- Forgd Launches Liquidity Transparency Initiative to Radically Change the Way Blockchain Projects Engage Market Makers
- Apr 04, 2025 at 10:40 pm
- Built for blockchain projects and market makers alike, Forgd's Liquidity Transparency Initiative radically changes the manner in which blockchain projects engage market makers