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Pi Network Struggles with Post-Launch Volatility as PI Token Dips Below $1
Pi Network Struggles with Post-Launch Volatility as PI Token Dips Below $1
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network’s much-anticipated February 2025 launch initially drove its token to $2.98, rewarding early supporters after five years of development. However, the excitement was short-lived—three months later, Pi has dropped 75% from its peak, now teetering below the $1 psychological mark.
Operational challenges are worsening the price decline. Mainnet migration problems have left miners stuck, with KYC verification delays preventing coin claims. Locked supply mechanisms, designed to stabilize the ecosystem, are now increasing sell-side pressure as frustrated users exit.
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