Why Pi Coin Price Dropped 77% – What’s Behind the Crash?

Pi Coin Price Prediction Plunge: What’s Next for Pi Network Holders?

The native cryptocurrency of Pi Network, PI, has been struggling and has recently recorded a steep fall. Presently priced at approximately $0.67, the altcoin has suffered a whopping 77% in losses from its height of $3.00 in February 2025. This was the last thing investors needed, and a multitude of reasons have led to the entire panic sell-off.

First of all, heavy selling of the asset has hit the market because of the rapid unlocking of over 124 million tokens this month. In one year’s time, 1.6 billion more would be unlocked, skyrocketing the supply side of panic as well. In addition, the token is seeing a slowdown in trading, which means that investor enthusiasm is waning.

Pi Network’s Real-World Utility Amid Market Challenges

Despite the ongoing market difficulties, the team expands its utility in the real world. PiFest on the Open Network had great participation, with over 125,000 registered sellers, over 58,000 active sellers, and 1.8 million Pioneers interacting with the Map of Pi. This shows that the utility for the coin is advancing, but is it enough to turn the bearish trend around?

Mining Rate Decline and Exchange Listing Hurdles

One much more likely reason for the price to go down is the gradual decline in the mining rate of the network. The mining rate decreased by 1.18% for the month and is at 0.0029030 π per hour. At the same time, there were empty talks of a token listing on big exchanges such as Binance and Coinbase, which added a bitter taste to the pretty bleak market sentiment. On the BTCC exchange, though the coin was to spot trade, this did nothing to pick up the price.

In a recent X post, Dr. Altcoin stated that the altcoin price could slide further to around the $0.60 mark until 7 April unless the the Team undertakes some serious moves to reduce the circulating supply by way of token burns, presently at 6.78 billion tokens. 

Where’s PI Coin Price Heading Next?

The altcoin has decreased by around 18% over the week, with the next major target on the screen at $0.60. Heavy selling pressure has since pushed volumes downwards by 33.74%, with a current bearish dominance shown on markets.

Technical surfaces have indicated that the coin is respecting a classic falling wedge, testing its support around $0.687. A sharp bullish move can be expected toward the range of $0.75-$0.78 if a sustained break above the $0.71-$0.72 resistance area is achieved on good volume. On the contrary, failure to uphold present level structures may see price fall to around $0.60 or less.

Rising Inflation Concerns: Will Pi Network Implement Token Burns?

With a circulating supply of around 6.7 billion tokens against a maximum supply of 100 billion tokens, the altcoin faces growing inflationary concerns. In contrast with others, Pi Network has not yet announced any token burn initiatives aimed at lessening inflation pressures. 

Potential moves include a burn of those unclaimed tokens not transferred to the mainnet by June or the utilization of transaction fees for periodic burns. Otherwise, without organized deflationary mechanisms, we fear that further unlocking of tokens will dissolve any sudden burst of pricing activity. 

Final Thoughts: Can PI Rebound?

The price of the token trajectory remains uncertain, hinging on tokenomics adjustments and exchange listings. If the team takes proactive measures, such as reducing circulating supply or securing major exchange listings, the price could see a recovery. Until then, investors should brace for further volatility.

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