News View Non-AMP

Pi Network Crashes 13% After Israel Strikes: What’s Next?

Published by
Nidhi Kolhapur

The crypto market slipped into the red zone today, after Israel’s latest strike on Iran. This has triggered widespread sell-offs, and Bitcoin is down 3.5% to $104,209, while major altcoins have fallen between 6% and 9%. Pi Coin has also dropped around 13% in the last 24 hours, now trading at $0.5506.

Analyst Dr. Altcoin said that the strike has had a direct impact on Pi and the broader market. He warned that if Iran retaliates, prices could fall even further. Over the past week, Pi is down 11%, and it has lost 56% of its value over the past month. 

Technical Analysis – Trend Still Bearish

The conflict in Iran, combined with delays in the Pi mapping migration in Chinese-speaking regions, could have contributed to the sharp drop. However, this could also be an opportunity to stack Pi at a discount. 

But Pi coin appears to be in a clear downtrend, due to both macro tensions and technical weakness. Most technical indicators are signaling a sell. It is currently trading below all major short-term and mid-term EMAs and SMAs (from the 10-day to the 100-day range), all of which are signaling sell. 

The MACD and Momentum indicators also suggest further downside, while the RSI at 32 shows that Pi is nearing the oversold territory. Unless market sentiment improves or strong buying returns, the bearish trend is expected to continue.

There have been rising doubts around its valuation model. Dr. Altcoin has dismissed the idea of a Global Consensus Value (GCV) as completely unrealistic, and an “economic impossibility.”

Many users expect the Core Team to break its silence on the GCV debate on the upcoming Pi2Day on June 28, 2025, as the Pi open mainnet launch is expected within the same timeframe.

Pi Price at Risk of New Lows

Analysts warn that without a major update, the price could fall further to $0.40 by late August. But a recovery may follow as token unlocking slows down during the same period, which could reduce selling pressure and help restore investor confidence.

If updates on mainnet activation, merchant tools, or GCV clarity are shared, they could reshape how Pi is perceived and valued.

A broader crypto market rally could help lift Pi along with other altcoins. Rising social media activity is another positive signal. Furthermore, a possible exchange listing could also trigger a short squeeze similar to what was seen with other coins.

FAQs

Why is Pi Coin’s price down today?

Pi Coin’s price is down today, around 13% to $0.5506, due to the broader crypto market downturn caused by escalating Middle East tensions (Israel’s strike on Iran) and internal factors like delays in the Pi mapping migration.

How low can Pi Coin go this month?

Analysts warn that without major updates or improved market sentiment, Pi Coin’s price could fall further to $0.40 by late August. Technical indicators suggest a bearish trend, with most signaling a sell.

When is Pi2Day and what are community expectations?

Pi2Day is on June 28, 2025. Many users expect the Core Team to address the GCV debate and potentially announce updates on the Pi open mainnet launch around this time.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Pi Network News Today, Pi Coin Price and More

July 7, 2025 12:21:59 UTC Pi Network Unlock Schedule Alert Between June 28 and July…

July 7, 2025

Ripple Investors Pivot as Bitcoin Solaris Launches Limited-Time Price Rollback Before 150% Exchange Listing Jump

It always starts the same way. A few whispers in Telegram groups. A couple of…

July 7, 2025

Ethereum Whale Moves Signal Price Surge Incoming – Will ETH Hit $3,000 Soon?

Ethereum price is heating up. In the past seven days, ETH has gained over 4.5%,…

July 7, 2025

Ethereum Price Soars on $148M Inflows as Bulls Target $2,610 Breakout?

Ethereum is enjoying a bullish rebound, influenced by a potent mix of institutional inflows and…

July 7, 2025

BBVA Launches Crypto Trading and Custodian Services for Spanish Retail Customers

Banco Bilbao Vizcaya Argentaria (BBVA), a multinational  Spanish bank, recently launched crypto trading (Bitcoin and…

July 7, 2025

Tariff Deadline Nears— Will it Renew Trade Tensions or be the Catalyst for Crypto Bull Run?

The financial world is bracing for a pivotal moment on July 09, 2025, when the…

July 7, 2025