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

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.

• PI$ 0.09572(-0.25%)