Pi Network Implodes: Price Sinks 36% and Everyone’s Panicking—Should You?

Picture this: the Pi Network crowd is buzzing louder than a caffeinated bee, but mostly to cry into their crypto lattes. Apparently, “bearish sentiment” is the trendiest accessory in the PI community right now—double points if you’re openly pessimistic on Twitter.

Why? PI Network just pulled a full-on soap opera tumble, crashing a juicy 36% to a painfully awkward $0.40. No, your screen isn’t glitching—your wallet probably is. Thank the bloody trifecta: global crypto malaise (everything’s redder than my wine-stained pajamas), Trump threatening tariffs like he’s in an episode of ‘Succession,’ Israel and Iran keeping things spicy, and, because the universe likes to pile on, Chinese-speaking users can’t even migrate their PI tokens smoothly. Somewhere, a blockchain cried.

Meanwhile, daily PI token unlocks loom like an ominous “Coming Soon” poster. Apparently, over 340 million tokens are about to flood the market next month. June 18, June 26, July 5, and July 7 are circled in so much red ink, my anxiety started sweating. Anyone still holding PI since 2021 is either eyeing profit or just emotionally attached at this point.

Weighted Sentiment Sinks Like My Spirit on Mondays

Remember last month? PI’s core team teased a “major announcement” for May, everyone lost their minds, and the price rocketed from $0.6 to $1.7 faster than you could refresh your feed.

Then, plot twist—it slid back to $0.6 before the announcement even landed. Sure, they dropped some “new initiative” bait for investing in native projects, but the candle had already gone out.

Since then, PI mood has been lower than my standards after three drinks. The past 30 days? A confidence black hole.

Weighted sentiment is in the gutter. PI holders are more downbeat than a rainy bank holiday, and support? Yeah, it’s playing hard to get.

Déjà Vu: PI Hits the April Low Again

Right now, PI is taking its best impersonation of a limbo champion, limping at $0.56—a 13% drop just today. But the spotlight belongs to the intra-day low of $0.39, a tumble worthy of Olympic judges.

If you’re a glass-half-full type (or perhaps you’ve had one vodka too many), now could be your “buy the dip” moment. This is investment roulette, folks—will it bounce? Maybe, if buyers show up. Will it nosedive? Also “maybe.” Comedy or tragedy, we’re not sure yet.

The Fibonacci tool points to a next possible ceiling around $1.05, provided PI gets off its metaphorical couch and breaks above $0.73. Bless.

FAQs

What caused PI to hit its all-time low of $0.39?

Imagine a mosh pit of macro disasters, panic-selling, and so many tokens about to unlock that you might as well have a confetti cannon. That’s what did it.

Will Pi Network recover after this price crash?

If PI can drag itself above $0.73, maybe. Do we believe in miracles? Ask your nearest Fibonacci retracement tool.

Is now a good time to buy Pi Network tokens?

Some are treating it like Black Friday for altcoins, others are building bunkers. Risks abound—pick your poison.

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2025-06-13 16:39