這種急劇的低迷引起了投資者的關注，引發了有關下降背後原因和恢復潛力的問題。

PI硬幣價格波動的主要因素之一是迫在眉睫的PI令牌解鎖事件。根據Piscan的數據

The value of Pi Network (PI) has seen a sharp downturn, raising concerns among investors.

PI Network（PI）的價值急劇下滑，引起了投資者的關注。

Now that the dust has settled, the crypto community is left wondering what led to such a sudden drop and whether there's potential for recovery.

既然塵埃落定了，加密貨幣社區就知道是什麼導致瞭如此突然的下降以及是否有恢復的可能性。

Key Factors Behind Pi Coin’s Decline

Pi Coin下降的關鍵因素

One of the major contributors to the PI cryptocurrency price fluctuations is the looming token unlock event. According to data from PiScan, approximately 129 million PI cryptocurrency tokens, valued at around $175 million, are set to be unlocked.

PI加密貨幣價格波動的主要因素之一是迫在眉睫的令牌解鎖事件。根據Piscan的數據，約有1.29億PI加密貨幣令牌（價值約1.75億美元）將被解鎖。

Large-scale token releases typically increase supply, exerting downward pressure on prices. As investors fear the influx of new tokens into the market could drive prices even lower.

大規模令牌發布通常會增加供應，從而向價格下降壓力。由於投資者擔心新代幣進入市場的湧入可能會推動價格降低。

Pi Network (PI) was trading at around $1.14 at press time. (Source: TradingView)

PI Network（PI）在發稿時的交易價格約為1.14美元。 （來源：TradingView）

Another factor that may have contributed to the decline in the Pi Network price is the conclusion of the KYC verification grace period on March 14. Miners who failed to complete the process risk losing their Pi wallet holdings, which has created uncertainty within the Pi Network market.

可能導致PI網絡價格下降的另一個因素是3月14日的KYC驗證寬限期的結論。未能完成流程風險失去PI錢包持有的礦工，這在PI網絡市場中造成了不確定性。

The deadline may have triggered panic selling, adding to the downturn in the Pi Coin trade.

截止日期可能引發了恐慌銷售，增加了Pi硬幣貿易的低迷。

Despite strong community demand, there has been no progress on the Pi Network Binance listing. In February, Binance held a community vote where over 86% of participants supported adding Pi Network Coin to the exchange.

儘管社區需求很強，但PI網絡二元列表卻沒有進展。 2月，Binance舉行了社區投票，其中超過86％的參與者支持向交易所添加PI網絡硬幣。

However, to date, there has been no official confirmation from Binance, leading to frustration among investors.

但是，迄今為止，尚未從二元公司進行官方確認，導致投資者感到沮喪。

Furthermore, Bybit's CEO has publicly criticized Pi cryptocurrency, labeling it a scam, further dampening market sentiment.

此外，Bybit的首席執行官已公開批評Pi加密貨幣，標記了騙局，進一步削弱了市場情緒。

The crypto community is urged to demand Binance's transparency, fair Pi Network ranking, and an end to price manipulation. (Source: Drnicolan via X)

敦促加密貨幣社區要求Binance的透明度，公平的PI網絡排名以及終止價格操縱。 （來源：Drnicolan通過X）

The project has been in development for six years, yet many investors feel there is a lack of transparency from the core team and updates on mainnet progress.

該項目已經開發了六年，但是許多投資者認為，核心團隊缺乏透明度，並且對主網進步的最新進展。

The absence of concrete updates regarding Pi mainnet launch and the implementation of decentralized applications (DApps) has led to growing skepticism.

缺乏有關Pi Mainnet發布和實施分散應用程序（DAPP）的具體更新，這導致了人們的懷疑越來越大。

Crypto analyst Dr. Altcoin recently pointed out that the Pi Network news reflects the community's disappointment, as the Pi currency value has seen a significant drop.

加密分析師Altcoin博士最近指出，PI網絡新聞反映了社區的失望，因為PI貨幣價值顯著下降。

He further emphasized that without a transparent roadmap, investor confidence could continue to erode, leading to further declines in the Pi token price.

他進一步強調，如果沒有透明的路線圖，投資者的信心可能會繼續侵蝕，從而進一步下降了PI令牌價格。

Potential For Recovery: Can Pi Coin Price Rebound?

恢復的潛力：Pi Coin價格可以反彈嗎？

Despite the recent slump in value, some analysts remain optimistic about the potential for recovery.

儘管最近價值低迷，但一些分析師仍然對恢復潛力保持樂觀。

One of the key factors that could drive a rebound is the increasing adoption of Pi currency in China. Reports suggest that an increasing number of businesses, including restaurants and retail stores, are accepting Pi Coin buy transactions.

可能推動反彈的關鍵因素之一是中國PI貨幣的採用越來越多。報告表明，包括餐館和零售店在內的越來越多的企業正在接受Pi Coin購買交易。

This real-world utility strengthens the project's credibility and could help stabilize the coin's value in the long run.

從長遠來看，這種現實世界實用程序可以增強項目的信譽，並可以幫助穩定硬幣的價值。

The price of Pi Network must survive the $1.05-$1.10 support zone and exceed the $1.37 resistance to revive the bullish momentum. (Source: PropTradePros on TradingView)

PI網絡的價格必須在$ 1.05- $ 1.10的支持區中倖存下來，並超過1.37美元的抵抗力，以恢復看漲的動力。 （來源：交易中的proptradepros）

Technical analysis reveals that the price of Pi Network today has major support at $1.20. If the price holds above this level, it may set the stage for a reversal towards $1.50 and ultimately $2.

技術分析表明，當今PI網絡的價格為1.20美元提供了重大支持。如果價格高於此水平，它可能會使逆轉階段升至1.50美元，最終為2美元。

If the bearish sentiment continues and the exchange rate of the Pi Coin goes below $1.20, it may test the support at $1.10 or even go below $1.00, an important psychological level for investors following the price of the Pi network in dollars.

如果看跌的情緒持續並且PI硬幣的匯率低於1.20美元，則可能以1.10美元的價格測試支持，甚至低於1.00美元，這是PI網絡以美元價格的重要心理水平。

Market analysts are optimistic about Pi Coin's survival of the $1 support. (Source: Chad_Sniper on TradingView)

市場分析師對Pi Coin的1美元支持生存感到樂觀。 （來源：交易中的chad_sniper）

While the trading of Pi Network remains limited, there is speculation regarding future listings on exchanges.

儘管PI網絡的交易仍然有限，但人們對交流的未來列表有猜測。

If the exchange listings for Pi Coin widen to include exchanges such as Binance, Coinbase, or Kraken, it might stimulate fresh buying interest and drive prices upwards.

如果PI硬幣的交換清單擴大到包括二元，Coinbase或Kraken等交易所，則可能會刺激新鮮的購買興趣並推動價格上漲。

Experts are of the opinion that a formal listing on an exchange would cause a huge rally and take the price of Pi Coin back to its earlier highs.

專家認為，在交易所上的正式上市會導致大量集會，並將Pi Coin的價格恢復到早期的高點。

Final Thoughts

最後的想法

The recent decline in Pi Coin worth highlights the volatility and uncertainty surrounding the project.

PI硬幣最近的下降值得強調了該項目圍繞該項目的波動和不確定性。

While factors such as the token unlock, KYC verification deadline, and lack of exchange listings have contributed to the downturn, the growing adoption of Pi mining rewards in China provides a glimmer of hope.

儘管令牌解鎖，KYC驗證截止日期以及缺乏交換清單等因素導致了經濟下滑，但中國PI採礦獎勵的越來越多，帶來了希望。

For a strong recovery, we need greater transparency from the core team, clear updates on mainnet progress, and expanded exchange listings. Until then, investors remain divided on whether the Pi Coin news will signal a rebound or further losses.

為了實現強勁的恢復，我們需要從核心團隊中提高透明度，清晰的主網進度更新以及擴展的交換列表。在此之前，投資者在PI硬幣新聞是否會標誌著反彈或進一步損失方面仍然存在分歧。