PI Network Token Drops 17% to New Low as Pioneer Selling Fuels Fresh Confidence Fears

PI Token Plunges to All-Time Low

PI, the autochthonal token of the Pi Network, plunged 17% connected Monday, concisely dipping to a caller all-time debased of $0.0785 amid reports that the project’s alleged “pioneers” are dumping the integer asset. Market information shows that since the opening of the month, PI has seen its worth diminution by astir 30%, and astir 40% implicit the past 30 days.

PI illustration implicit the past year.

While the cryptocurrency system has had a pugnacious 2026 truthful far—with apical integer assets bitcoin and ether shedding astir 30% and 40%, respectively—PI experienced an adjacent faster decline. According to Coingecko data, PI is down by much than 60% since the commencement of 2026, making it 1 of the worst performers among tokens with a marketplace capitalization exceeding $1 billion. Since hitting an all-time precocious of $2.99 successful February 2025, PI has declined 97%.

Following its double-digit drop, PI’s marketplace capitalization tumbled to $880 million, reigniting statement astir the project’s prospects arsenic some supporters explicit doubts. Yet diehard advocates connected societal media brushed speech the token’s slide, insisting the Pi Network inactive has country for growth.

One X user, Onedeel, acknowledged that portion determination isn’t capable request to lucifer the selling pressure, the aboriginal looks bully due to the fact that “many apps and utilities are inactive being built, truthful the ecosystem hasn’t reached its afloat imaginable yet.”

Nevertheless, arsenic the task enters its aboriginal years without delivering the monolithic fiscal returns immoderate users expected, an expanding magnitude of vocal vexation has emerged. Some observers noted that the token’s terms enactment highlights a worrying trend: When Bitcoin rises, PI moves upward slowly, but erstwhile Bitcoin falls, PI drops overmuch faster than the broader altcoin market.

Meanwhile, an X idiosyncratic going by Dr Altcoin floated the thought of listing PI connected top-tier exchanges to blunt the interaction of token unlocks.

“To sorb the millions of Pi being unlocked and perchance entering the market, Pi Network present has lone 2 options: Allow more Tier 1 exchanges, specified arsenic Binance and Coinbase, to database Pi [or] present a sustainable buyback-and-burn mechanism,” the idiosyncratic wrote.