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Pi Network Coin Price Plummets: What’s Behind the Sudden Crash?

Pi Network Coin Price Plummets: What’s Behind the Sudden Crash?

Author:
Coingape
Published:
2025-07-12 08:50:07
10
3

Another day, another crypto bloodbath—Pi Network joins the party.

Mining Hype vs. Market Reality

Retail investors who piled into Pi during its mobile-mining craze are now discovering the hard truth: viral adoption doesn’t guarantee price stability. The token’s 60% drop since March exposes the gap between grassroots enthusiasm and actual utility.

Liquidity Ghost Town

With most exchanges still treating Pi like a radioactive asset, holders are trapped in a speculative purgatory. Even Binance’s shadow listing did little to prevent the sell-off—proving once again that artificial scarcity only works until people actually want to cash out.

Mainnet Mirage?

The team’s "imminent mainnet launch" promises have started smelling like last year’s NFT vaporware. Every delayed roadmap update sends another wave of miners rushing for the exits. Funny how those "free" tokens become expensive baggage when hope fades.

Bottom Line: Pi’s downfall reads like a crypto cautionary tale—no working product, maximalist hype, and a community now learning that in blockchain, you either deliver or die. But hey, at least the Lambo dream was fun while it lasted.

Pi Network Price Crash

Pi Network Coin holders are feeling the heat as token price drop by 9% while the entire crypto market enjoys strong gains. While Bitcoin has smashed a new all-time-high, Pi Coin keeps slipping closer to its all-time low $0.40. 

Many are now wondering why Pi network coin price is dropping. 

Pi Network Coin Drops 9%

In the past 24 hours alone, Pi Coin has dropped about 9% and now trades near $0.471, not far from its lowest level ever, $0.40. This looks worse when you compare it to the rest of the crypto market, which is all green. Bitcoin is above $118,000 and ethereum crossed $3,000, but Pi keeps moving the other way.

Even the recent Pi2Day celebration, which was supposed to boost excitement in the Pi community, couldn’t lift the price. Over the last two weeks, Pi has fallen more than 29%, showing just how DEEP this downtrend has become.

Token Unlock Adds More Pressure

One big reason behind Pi’s continued slide is the massive token unlock happening this July. Between July 8 and July 15, over 100 million PI tokens about 1.5% of the total supply will hit the market. On one day alone, 10.1 million tokens will be unlocked.

These unlocked tokens often end up being sold by big holders, which adds extra selling pressure when there aren’t enough buyers to balance it out. Many whales are taking profits by selling, and that weighs heavily on the price.

Pi Technicals Still Look Weak

The technical side isn’t offering much comfort either. Pi Coin is trading inside a clear downward channel. Each time it tries to break higher, sellers push it back down. The trading volume is also low at $19.95 million, which shows that buyers don’t have enough strength to flip the trend just yet.

Pi Network Chart

However, Pi Network RSI has also reflecting a bearish sentiment as it at 39.8 reflecintg a over sold .

What’s Next for Pi Coin?

For now, the risks look bigger than the chances of a sudden turnaround. With so many tokens unlocking and big holders ready to sell, Pi could easily slip back to test the $0.40 zone or even drop into the $0.35 or $0.38 range if things get worse.

Until Pi sees stronger buying interest, emergency liquidity, or a big exchange listing, the price may stay stuck in this bearish phase. 

|Square

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