Pi Coin Price Crashes Amid Crypto Rally- Analysis Predicts A Recovery Ahead
The post Pi Coin Price Crashes Amid Crypto Rally- Analysis Predicts A Recovery Ahead appeared on BitcoinEthereumNews.com.
Pi Coin price has been left behind by the ongoing crypto rally. It has slumped by over 11% from its highest point this month, even as Bitcoin and most altcoins have soared by double digits. Still, there are signs that the Pi Network price will go to the moon soon. Pi Coin Price Crashes Despite the Crypto Rally The Pi Coin price has remained under pressure this month despite the crypto rally that pushed the total market capitalization of all over $3.68 trillion. This performance is likely because of the ongoing token unlocks that are boosting the supply daily. PiScan data shows that the network will unlock over 145 million tokens worth $67 million in the remaining part of the month. It will then unlock 138.5 million tokens in August, 117 million in September, and 93 million in October. Further, the Pi Coin price has slumped as investors continued moving their tokens from exchanges. Exchange outflows jumped by over 1.4 million tokens in the last 24 hours. Investors move their tokens from exchanges when they are selling them. This, in turn, leads to more selling pressure at a time when the supply from token unlocks is on an upward trajectory. There are also concerns about Pi Network’s centralization as the Pi Foundation has a lot of power. Its wallets hold tokens worth over $33 billion, without any auditing. This centralization partially explains why many mainstream exchanges like Binance and Upbit are yet to list it. Pi’s trading volume has also been low during this bull run. It had a 24-hour volume of $80 million, lower than other popular coins like Pepe, Shiba Inu, and Bonk. Pi Network Price Technicals Point to a Surge Soon The ongoing Pi Coin price crash could be the calm before the storm that could lead…
Filed under: News - @ July 15, 2025 6:23 am