Pi Coin (PI) Price Drops 73% From Its Post-Launch High of $2.99

Pi Coin news has been buzzing since a 73% dip was observed from its post-launch high of $2.99, as it continues to grapple with key issues

Pi Coin has seen its value decline by 73% from its all-time high of $2.99, which it reached shortly after its launch. The coin is currently trading at $0.83, a harrowing distance from its launch price of $0.70. This fact has sparked significant concern among investors regarding the future trajectory of the coin.

One major contributor to Pi Coin’s struggles is the systematic unlocking of tokens. In the coming month, more than 105 million Pi Coins will be tossed into circulation, causing downward pressure on the carts. This increase in tokens translates to $85 million worth of tokens entering the market, which could worsen existing bearish trends and further shake investor and market confidence. Reports indicate that over 90% of the token unlocks have resulted in negative price impacts, creating an environment of uncertainty for holders.

Furthermore, Binance has announced its decision not to list Pi Coin on its exchange. This refusal arises out of concerns regarding the network’s lack of an industry-ready open mainnet and issues related to compliance with regulations. Without major listings, which allow cryptocurrencies to have better liquidity and increased market adoption, Pi Coin is bound to struggle to regain balance and attract new investors. The ‘Pioneers’ community was highly enthusiastic about the potential listing, but the Binance snub has led investors to develop bearish sentiments.

The future of the famous coin hangs in the balance as it faces persistent challenges from its own tokenomics and external market trends. Launching an open mainnet and developing real-world use cases for the coin may help PI get out of this bearish quicksand. As Pi Coin news continues to spell danger, let’s take a look at how it has been performing in these conditions and explore Pi Coin price predictions according to experts.

Pi Coin News: Price Analysis of Last 24 Hours

Pi Coin has continued to hover around the $0.7-$0.8 range, failing to break key resistance levels. Pi Coin started yesterday at $0.87, as buying pressure seemed to be falling.

As investors sold their tokens to minimize loss, Pi Coin dropped to find support at $0.813. With oversold conditions calling for an uptrend, Pi Coin obliged, getting to $0.849 before succumbing to a deep downtrend, leading it to find new support at $0.77.

Chart 1: analyzed by raodevansh18, published on TradingView, March 27, 2025

Although its initial advance faced correction, Pi Coin continued to climb once again, this time taking a much slower route, going up to $0.821. At 06:35 AM UTC on March 27, a momentous spike occurred, thanks to a golden cross a few minutes before, as Pi rocketed to $0.89. Since then, Pi has been on a steep downtrend, with the market cooling off from the overbought conditions during the spike.

Pi Coin Price Prediction: Can Pi Regain $1?

Although ridden with several early challenges, the Pi price has held steady around these levels owing to its massive user base. But if they do not attempt to solve some of these issues soon, it will fail to hit planned milestones. As the Pi price now hovers close to its listing price, the road to $1 and beyond looks rocky. While during events and market updates spikes may occur, for Pi to sustain a respectable uptrend, a combination of efforts from the developers and the investors is required. For now, Pi will tend to find a support level around the $0.82-$0.8 region soon and stabilize for a while before attempting any defining price action.