Despite Smooth Mainnet Transition, Pi Network (PI) Sees Subsequent Drop in Market Value

Mobile mining pioneer Pi Network (PI) has seen a subsequent drop in market value in the two months since launch. Despite smoothly transitioning onto the mainnet, members of the Pi Network (PI) community are raising their eyebrows due to the tight Pi coin unlocking schedule.

The multi-million dollar unlocks has made Pi coin one of the most inflationary digital currencies among large and mid-cap altcoins, which can only be overcome if matched with compelling buying power from large investors.

Pi Network Price Analysis: Recent Market Behavior

Pi Network's native token, Pi, is currently being traded at around $0.6131, above the 100 MA. The price has been consolidating in a period of market indecision, with the price bouncing between $0.55 and $0.76.

At the current price range of $0.60, a major demand zone assists in shading from further Pi coin price drops, but the Pioneers are pointing their fingers at slow action in major crypto exchange listings as the main cause for Pi Network (PI) price drawdown, crunching exactly 80% of its market value since the $2.99 record on February 26, 2025.

Pi Coin Mining Rate Increases: Pro Or Con?

To assess if it’s still worthwhile to mine Pi Network (PI) tokens at this price, it’s important to measure how much time it will take to mine one Pi coin on a compatible mobile device.

According to Dr Picoin’s estimations, the 2% hike in Pi Network mining rate prolongs the term of one Pi coin to be completed to a whopping 16 days. Surely, that’s not counting the referral bonus system and validator node bonuses, but the general expectation was that Pi Network’s mining rate would decrease after the mainnet launched.

The monthly Pi mining rate has increased by around 2%, contrary to expectations of a decrease. This is mainly because not many people are currently interested in mining due to the low Pi price.At the current mining rate and Pi value, a community member would need to mine for 16… https://t.co/64p86L6Q74

However, the easily accessible mobile mining network’s native crypto bounced off 46,5% from the $0.40 all-time low on April 5, 2025, pushing the altcoin back into where it was days before the surge to $2.99.

That being said, Pi Network mining is time consuming due to it taking approximately 16 days. On the other hand, free access and a simple Know Your Customer (KYC) procedure onboards new crypto miners as easily as apple-pie.

Ultimately, this makes Pi Network (PI) mining a considerable entry point to crypto for retail investors. In contrast, the more advanced crypto connoisseurs might choose more efficient ways or even completely replace the idea with crypto staking.