- 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 was pointed to by the user in the form of inconsistent trading volumes.
Furthermore, Dr. Altcoin’s previous post on April 15, 2025 also cautioned about a bearish trend and predicted a potential 50% price decline if the current market conditions persisted. One of the main concerns was a lack of substantial interest in purchasing, as mentioned in the post.
These observations are in line with the monthly decline of 46.28%, suggesting that the oversupply problem has been a long-standing problem for the Pi Network.
CoinGecko estimates that Pi Network’s market cap is currently around $4.3 billion, making it one of the top 50 cryptocurrencies. The fully diluted valuation (FDV) of the token suggests that the market cap would reach $6.2 billion if the market ever sold all 100 billion Pi tokens.
Oversupply and low demand have made the world of Pi Network a tough area to be in the short term, as far as price stability is concerned.
Potential Solutions to Stabilize Pi Network’s Price
Several strategies were proposed by Dr. Altcoin in order to stop Pi Network’s price drop. An alternative option is to expand the token’s reach by increasing the number of Know Your Business (KYB) approved CEXs, such as BitMart.
Expanding its access to restricted markets like the USA, China and Europe could also increase Pi’s user base and demand. For exchanges like OKX, they would need regulatory approval in these regions.
One potential game-changer could be the involvement of big-league institutions. Dr. Altcoin highlights that if corporations like BANXA step in and acquire, for example, 100 million Pi coins directly from centralized exchanges, they could effectively counterbalance oversupply pressures. This intervention would help stabilize market value. Such actions could play a key role in maintaining balance in the Pi market.
It could also play a role in major updates from the Pi Core Team. Announcements or product launches that increase Pi’s utility could reverse Pi’s demand and utility.
However, some users remain optimistic on X. Dr. Altcoin commented on Pi’s post. One of the commentators, @KushalStha981, stated that the reason for the current selling pressure is that miners are treating Pi as “free money.” The user believes that the price will skyrocket as soon as selling subsides.
Source: https://www.livebitcoinnews.com/will-pi-network-face-a-50-price-crash-soon/