The post Will Pi Network Face a 50% Price Crash Soon? appeared on BitcoinEthereumNews.com.

The price of Pi network plummeted by 18.04% in just one day, reaching $0.6110. Daily unlocking of 6.8M Pi coins floods the market. Up 0.48 percent in the past 24 hours, Pi Network (PI) is now trading at $0.6219, as charted by CoinMarketCap.On a weekly basis, the token has risen by 2.55%. Month-wise, the performance is not great, as the coin has dropped 46.28%, whereas, on a yearly chart, the coin has lost 63.43%. Source – Coinmarket cap Dr. Altcoin (@Dr_Picoin) posted a very detailed analysis on X, in which he pointed out that the price had dropped by 18.04% in just 24 hours to $0.6110 on April 16, 2025. The post included a chart from CoinMarketCap showing the downward trend. Dr. Altcoin recently highlighted that centralized platforms are receiving approximately 6.8 million pi coins every day. In a relatively short period, their combined assets have experienced a significant increase, rising from 354 million to 368 million pi, signifying a notable surge in accumulation. An abundance of sellers has flooded the market, surpassing the number of buyers, resulting in a total circulating supply of 6.88 billion pi. According to the experts, the value of altcoin could drop below $0.3 or even lower by the end of the year. A rebound could occur as late as August 2025, with the rate of Pi unlocking expected to fall drastically, stabilizing the market. Factors Driving Pi Network’s Price Decline Several reasons for the ongoing price decline are cited by Dr. Altcoin’s analysis. Daily unlocking of 6.8 million Pi coins has created a supply of too many Pi coins, which has put downward pressure on the price. On April 17, 2025, another X user, @rikonazza, said that price drop could be caused by market manipulation by some exchanges. Potential evidence of artificial price suppression…

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Filed under: News - @ April 19, 2025 8:15 am