After a rough few weeks, things just got worse for Pi Coin. The token, once hyped as a future top-10 crypto, is now trading around $0.67 – dangerously close to its all-time low.
The latest dip puts Pi at a 77% loss compared to its February 26th high. With every new candle, it’s looking more like the coin is stuck in a downward spiral.
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The Price Keeps Sinking
Today alone, Pi dropped another 5%. Over the past week, it’s down over 18%. Zoom out to a full month, and we’re looking at a loss of nearly 60%. These numbers are brutal, and the charts offer little comfort.
The moving averages sit above the current price, confirming the bearish pressure. The awesome oscillator is way below zero, suggesting strong downward momentum. And the RSI – a measure of whether something is “oversold” – isn’t even at levels where a bounce would be expected. It means there’s still room to fall, and buyers aren’t rushing in to stop it.
Read also: RSI: The Beginner’s Tool That Most People Use Wrong
The Binance Letdown
Back in February, Pi Coin won a community vote to be listed on Binance – a big deal, or at least it was supposed to be. But it’s been weeks, and Binance hasn’t said a word since. For a lot of holders, this silence is worse than a no. It feels like Pi is being quietly ignored, and the optimism that came with the vote is fading fast.
The coin still isn’t on Coinbase, or Upbit either. And while it did get listed on BTCC recently, the effect on price was basically zero. The truth is, a small listing doesn’t move the needle much when bigger exchanges are holding back:
The Unlock Problem
Pi’s token unlock schedule might also be a threat to its price right now. March already saw a wave of new tokens hit the market, and April is picking up right where it left off.
According to Piscan.io, millions of tokens are unlocked daily. Around 126 million are expected to be released this month alone. And it doesn’t stop there: May will unlock 182 million, June 223 million, and July a massive 233 million. Altogether, we’re looking at over 1 billion new tokens in just six months. That’s around 15% of the total circulating supply – and unless demand spikes, that kind of supply increase usually means more price pressure.
The Scam Accusations Are Getting Louder
Pi’s had to deal with trust issues since its launch, but things are getting worse. With the price crashing, frustrated users are starting to speak out. On top of that, high-profile figures like Justin Bons and Bybit’s CEO have accused the whole project of being a scam.
The Pi Network team denies everything. Supporters – or “Pioneers” – are still fighting back online, saying that these critics don’t understand the long-term vision. But it’s hard to shake off these allegations when the price keeps falling, the listings aren’t coming, and the unlocks just keep going.
Domains Auctions – A Small Spark, But Not a Fire
One of the most recent updates from the Pi Network team was the launch of .pi domain auctions – a kind of crypto version of web addresses that could be used inside Pi’s ecosystem.
According to PiScan, over 100,000 bids were placed. But most of them were tiny. 96% of all bids were under 100 Pi. Only four crossed 10,000 Pi. While that shows there’s some community interest, the impact on price or broader investor confidence has not been significant.
Is There Any Hope Left?
The Pi community is clearly exhausted. The coin is just a few cents away from breaking below its all-time low – a number that was set right after the chaotic launch when liquidity was still a mess. Breaking below that would be more than just technical damage. It would destroy whatever confidence is still left.
But as painful as the current chart looks, there’s one potential upside for long-term believers. If you truly believe in Pi’s future, this crash could be seen as a rare opportunity to buy in at a heavy discount.
Read also: The 3 Altcoins That Got Hit the Hardest in March 2025. Yes, Pi is among them.
