News View Non-AMP

Pi Network Price Dips as Possible Manipulation Raises New Concerns

Published by
Rizwan Ansari

Pi Network is back in the spotlight, not for a new milestone, but for something more suspicious. Despite major developments like the launch of the Pi App Studio to drive innovation, the token’s price has unexpectedly slipped. While many expected a rally, the opposite happened, Pi’s price dropped by 1.57% to $0.46, catching everyone off guard.

This sudden fall has sparked concern among some Pioneers about Pi Network price manipulation.

Order Book Hints Speculation of Price Manipulation

Looking closer at the trading data shows something strange. There is more buying (58%) than selling (42%) on the order book, yet large sell orders are showing up right at $0.459. At the same time, big buy orders are waiting just below that at $0.457. 

This looks like someone is manipulating the price and trying to keep the price low while others are ready to buy at a lower price.

According to the concerned Pioneer, these sell walls might not be normal market action. Instead, they believe that big holders, the so-called whales, could be purposely pushing the price down.

Once that happens, they can buy more Pi at a cheaper price. This tactic has been seen in crypto markets before and is often used before a big price rise.

Monthly Token Unlock Adds More Pressure

Adding to the suspicions is the recent unlock of 270 million Pi tokens on July 4. While some sell-off was expected, the timing and volume of the trades suggest more than just regular market behavior. 

Meanwhile, analysts believe the whales are trying to take advantage of this moment of uncertainty.

Why Pioneers Should Stay Alert?

Price manipulation is not new in crypto. Whales often control the supply and create fear to gain more coins quietly. The strong buy support shows that many believe in Pi’s future, but sudden dumps can shake out small holders who sell too soon.

As of now, Pi’s price sits at around $0.46, up by 0.93% for the day with a bigger 13% intraday drop. 

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

Ether Machine Now Owns More Eth Than the Ethereum Foundation

As Ethereum marks a decade of innovation, The Ether Machine is making noise, with a…

July 31, 2025

Bitcoin Penguins Are Taking Over – Is This the Next Meme Coin Craze?

Bitcoin Penguins has arrived onto the presale scene in style, creating a massive viral buzz…

July 31, 2025

Ethereum Turns 10 – Will ETH Price Breakout to $4k Next?

Ethereum today has completed a decade in the industry. With more than just celebration, it’s…

July 31, 2025

Crypto Market Slows Down as September Rate Cut Odds Drop to 43% After Powell’s Speech

Many crypto traders were hoping for a rate cut in September, but Federal Reserve Chair…

July 31, 2025

XRP Breakout Ahead? Technical Outlook Suggests $5 as Initial Bullish Target

Ripple recently won its legal case against the SEC, bringing back confidence among investors and…

July 31, 2025

CoinDCX Employee Arrested in $44M Crypto Theft

Rahul Agarwal, a CoinDCX employee, was arrested for his connection to a major $44 million…

July 31, 2025