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Pi Coin Hovers Near Record Lows Despite Surging Developer Activity

Pi Coin Hovers Near Record Lows Despite Surging Developer Activity

Published:
2025-07-21 17:04:16
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -

Pi Coin continues to underperform in the broader crypto market, sliding toward all-time lows while most major digital assets rally. The token has dropped 1.3% to $0.4524, hovering just 13.3% above its historic low of $0.4012. Trading volumes spiked 68% amid the price fluctuation.

Developer activity tells a different story. Since launching Pi App Studio on Pi2Day 2025, the network has seen 7,600 chatbot applications and 14,100 custom apps deployed—a sign of growing ecosystem development. Technical analysts note a forming falling wedge pattern, traditionally a bullish indicator, though the token remains the worst performer among top-35 cryptocurrencies.

|Square

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