News View Non-AMP

Pi Network Hits New All-Time Low After 98% Crash

Published by
Rizwan Ansari

Pi Network has continued to see the bloodbath as the PI token dropped another 16% today, hitting a new all-time low of around $0.07071. The token has now lost nearly 98% from its all-time high of $2.98.

So, what is causing today’s sharp drop, and can PI recover from here?

Also Read : Pi Network Price Prediction 2026, 2027 – 2030

103 Million Pi Monthly Unlocks Add Pressure

One of the biggest reasons behind today’s drop is the monthly Pi token unlock. More than 3.1 million PI tokens entered circulation today, while another 103.69 million tokens are scheduled to unlock over the coming month.

As more locked tokens become available, early miners continue selling their holdings, fearing they won’t get the value they expect. While the buyer’s demand remains weak, creating an imbalance between supply and demand.

Trading Volume Surges as Investors Exit

Another reason behind today’s decline is the sharp increase in selling activity. Pi’s daily trading volume has jumped 169% to over $21.81 million, confirming that many holders are exiting their positions instead of buying the recent dip.

The high trading volume also suggests that sellers remain in control, with investors losing confidence as the token continues making new lows.

PI Coin Missing Major Exchange Listing

Pi Network is also struggling because it still lacks listings on major exchanges like Binance, Coinbase, and Bybit. This is because the project has yet to meet several listing requirements related to transparency, technical stability, and regulatory compliance.

Pi Network also follows its own Know Your Business (KYB) verification process, requiring exchanges to complete additional verification before listing PI. Most Tier-one exchanges have shown little interest in following those requirements.

While exchanges such as OKX and Bitget support Pi trading.

Pi Network Price Outlook

As of now, Pi remains under heavy selling pressure after losing the important $0.10 support level. The next major support now sits near $0.0650, which has become an important psychological level for buyers.

If PI manages to hold above $0.0700, the price could stabilize and trade between $0.07300 and $0.080 in the short term.

However, if sellers push the price below $0.0700, the next downside target could come near $0.0600.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Rizwan Ansari

Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

Recent Posts

Coldcard Hack Sparks Biggest Small BTC Transfers Since FTX Collapse

Bitcoin transfers of less than 1 BTC have surged to their highest level since the…

August 3, 2026

Smarter Web Company Buys 11.89 Bitcoin, BTC Holdings Rise to 2,712 BTC

The Smarter Web Company has purchased an additional 11.89 Bitcoin for approximately £559,493, paying an…

August 3, 2026

US Stock Market This Week: SpaceX Unlock, Jobs Data and Clarity Act in Focus

The U.S. stock market faces a volatile week as investors monitor key economic data, SpaceX's…

August 3, 2026

Why is Bitcoin Dropping?

Bitcoin price fell 1.35% to around $62,560, slightly underperforming the broader crypto market as risk-off…

August 3, 2026

Pump.fun (PUMP) Price Prediction 2026,2027-2030: Will PUMP Lead Solana’s DeFi Boom?

Story Highlights The Live Price Of Pump.fun is Predictions suggest PUMP could reach $0.01 in…

August 3, 2026

Ethereum Price Today: Arthur Hayes Re-Enters as ETF Demand Hits 2026 High

Ethereum price today is drawing renewed attention as institutional money returns to the market. Spot…

August 3, 2026