• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Pi Network Price Drops 70% Amid Token Unlocks

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Key Points:

  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Pi Network price plummets, leadership silent.
  • Massive token unlock creates sell pressure.

pi-networks-cryptocurrency-decline
Pi Network’s Cryptocurrency Decline

Pi Network’s Cryptocurrency Decline

Pi Network’s cryptocurrency experienced a dramatic 70% decline in value within the past two months, largely due to major token unlocks that increased market supply. PI currently trades below $0.50, significantly impacting investor confidence.

The sudden decline in Pi Network’s value highlights essential concerns. Leadership silence and token unlocks have heightened market tension. Sell pressure outweighed new investments, affecting prices despite the recent ecosystem fund announcement.

Related articles

SharpLink Boosts Ethereum Treasury Amid Stock Surge

July 9, 2025

US National Debt Hits New Record High

July 9, 2025

Increased token supply and stalled KYC processes have undermined on-chain activity. News of a $100 million ecosystem fund was not enough to mitigate the decline. Broader market influences and the lack of centralized exchange listings further impede potential recovery.

In the past two months, Pi Network’s value plummeted by 70%. Token unlocks of 272 million PI in July intensified sell-offs. The Pi Network Foundation’s leadership, led by Dr. Nicolas Kokkalis, has remained silent amid major financial shifts.

Pi Network’s price drop was exacerbated by the lack of centralized exchange listings. The unlocked tokens, valued over $106 million, led to trading levels falling to $0.45. Community and developer engagement decreased following the crash.

This situation has significant market ramifications, influencing investor behavior. Token supply surpasses demand, while the ecosystem fund news fails to stabilize sentiment. Developer engagement has been visibly lower in related community forums.

Increased token supply and stalled KYC processes have undermined on-chain activity. News of a $100 million ecosystem fund was not enough to mitigate the decline. Broader market influences and the lack of centralized exchange listings further impede potential recovery.

Analysts recognize the importance of exchange listings to mitigate sell pressure. However, no statements were made by Pi Network leaders. Without major market catalysts, expectations for a rebound remain low. Community trust continues to decline.

Share76Tweet47

Related Posts

SharpLink Boosts Ethereum Treasury Amid Stock Surge

by shark
July 9, 2025
0

SharpLink's Ethereum holdings reached 205,634 ETH, leading to an 18.8% stock rise on Nasdaq.

US National Debt Hits New Record High

by shark
July 9, 2025
0

US national debt climbs to $36.2 trillion, impacting markets and fiscal policy.

Eigen Labs Announces 25% Staff Layoff for Restructuring

by shark
July 9, 2025
0

Eigen Labs lays off 25% of its staff as it shifts focus to the new EigenCloud initiative following a successful...

Scammers Target Dormant Bitcoin Wallets with Fake Legal Notices

by shark
July 9, 2025
0

U.S. Secret Service combats crypto scams targeting dormant Bitcoin wallets using fake legal notices.

Robinhood Expands with Tokenization in Financial Markets

by shark
July 9, 2025
0

Robinhood, led by CEO Vlad Tenev, introduces tokenized U.S. stocks and ETFs in the EU, aiming for liquidity solutions and...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • SharpLink Boosts Ethereum Treasury Amid Stock Surge
  • US National Debt Hits New Record High
  • Eigen Labs Announces 25% Staff Layoff for Restructuring
  • Scammers Target Dormant Bitcoin Wallets with Fake Legal Notices
  • Robinhood Expands with Tokenization in Financial Markets
  • Truth Social ETF Inclusion Spurs CRO Price Surge
  • Crypto.com Custody Welcomes Toncoin for Institutional Support
  • Pump.fun Explores Ethereum Expansion Amid Bonk.fun Rivalry
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7