Pi Coin Plummets 21% After Disappointing Consensus 2025 Conference
Pi Coin is under significant pressure as its value drops 21% in just 24 hours, now trading at $0.6874. The decline comes amid waning confidence in its Web3 vision following the Consensus 2025 conference, where the project failed to deliver on high expectations.
Market analysts are raising concerns about the network’s stability, with CoinMarketCap data showing a rapidly shrinking market cap. Once hailed as a pioneer in mobile mining, Pi Coin now faces credibility challenges in the volatile speculative asset market.