PI Token Hits Record Low Amid Market Turbulence
Pi Network's native token has broken through its previous all-time low, trading at $0.2552 as investor confidence continues to weaken. The cryptocurrency now sits 90% below its February 2025 peak of $2.99, with trading volume collapsing to just $94 million.
Market analysts point to accelerated token unlocks and failed adoption initiatives as primary pressure factors. A mysterious accumulation of 331 million Pi tokens provides the only bullish counter-narrative to widespread social media pessimism.
The network's transition to external exchanges proved disastrous, erasing 80% of value since September 2025. Current trading at $0.2953 represents merely a dead-cat bounce from today's lows, suggesting further downside potential remains.