Pi Coin Faces Intense Sell-Off as Token Unlock Pressure Builds and Market Slump Continues

Pi Coin experienced a significant decline in price over the past 24 hours, falling sharply to $0.5865 today. The drop represents a 3.50 percent daily loss, according to data obtained from CoinMarketCap.

This recent decline mirrors the broader crypto market trend, where Bitcoin and Ethereum also posted heavy losses. The market correction was triggered by heightened investor fear, fueled by sharp drops across major digital assets.

Expert warnings about unlocked Pi tokens flooding centralized exchanges have raised concern among Pi Coin holders. According to crypto market commentator Dr. Altcoin, the Core Team must revise tokenomics to avoid deeper losses.

He noted that without clear announcements or major partnerships, Pi’s value could plunge toward the $0.30 mark. Analysts now predict any meaningful price recovery may not occur until late August 2025, several months away.

Also Read: Massive 200 Million XRP Internal Transfer by Binance Sparks Market Buzz

Pi Trading Volume Plummets While Short-Term Gains Rapidly Reverse

Pi Coin’s 24-hour trading volume plunged more than 30 percent, falling to approximately $446.05 million today. The shrinking volume reflects decreased investor interest and growing concerns about short-term market prospects.

Two days earlier, Pi Coin had defied the market by soaring over 70 percent within five hours.
However, the sharp rise proved temporary as gains were wiped out amid renewed selling pressure from traders. Pi’s market capitalization has fallen to around $4.01 billion, marking a significant drop in total asset valuation.

Its current circulating supply stands at 6.84 billion PI, while total and maximum supply remain at 100 billion. The Fear and Greed Index dropped to 17, indicating extreme fear across the entire cryptocurrency investment landscape.
Overall, the global crypto market has shed over 9 percent, pushing total valuation down to $2.4 trillion.

Conclusion

Market watchers are closely monitoring developments from the Pi Core Team as pressure continues to mount this week. Investor sentiment remains fragile, and any delay in announcements could lead to further price deterioration for Pi Coin.

Also Read: Whale Dumps Millions as $TRUMP Token Crashes To 11%

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