Pi Network Price Prediction: Can Pi Network Recover After a Sudden 35% Crash?
The post Pi Network Price Prediction: Can Pi Network Recover After a Sudden 35% Crash? appeared on BitcoinEthereumNews.com.
In one of its sharpest declines to date, Pi Network’s token, PI, plunged by over 35% within minutes, rattling investor confidence and reigniting questions about the project’s future. Despite a partial rebound, the coin remains far from its previous highs, leaving traders and community members wondering: Can Pi Network recover? A Steep Drop Shakes the Pi Crypto Market On Friday, PI Coin crashed from $0.62 to $0.40 before stabilizing around $0.55. The sudden drop coincided with geopolitical tensions, specifically a military strike involving Israel and Iran, triggering a wave of fear across crypto markets. The PI Coin price decline mirrored a broader market sell-off, with Bitcoin losing $5,000 and Ethereum falling over 9% in a matter of hours. Pi Network Coin was trading at around $0.56 at press time. Source: Brave New Coin Trading volumes for PI soared by 276% during the crash, indicating a flood of sell orders. The Pi crypto value is now down over 53% from its recent 30-day high of $1.27, sparking concern among holders. “Altcoins had started to pump again,” said analyst Moon Jeff. “Every time an altseason begins, something happens to kill the momentum.” Token Unlock and Migration Issues Compound the Crisis Beyond the geopolitical trigger, internal issues within the Pi Network ecosystem have exacerbated the price collapse. A major source of volatility stems from the upcoming Pi Coin unlock schedule. More than 340 million PI tokens are set to be released by July, with significant unlocks scheduled on June 18, June 26, July 5, and July 7. Increased supply could intensify selling pressure and drag the Pi Coin market further down. The critic expresses deep frustration over Pi Network’s delays in token mapping, demanding access to their hard-earned $Pi after six years of waiting. Source: X At the same time, technical hurdles have…
Filed under: News - @ June 13, 2025 10:27 pm