- Pi Coin hits All-Time Low (~$0.53), down >12% on token unlocks & Binance snub
- 4.9B PI unlocked (1.5B more coming); KYC issues persist, only 14M/60M migrated
- $0.50 support critical; PiFest adoption provides counter-signal to price woes
Pi Coin plunged to an all-time low near $0.53 this week, marking a decline of over 12% before trading around $0.55 at press time.
This sharp drop contrasts sharply with excitement following Pi Network’s mainnet launch in February 2025, when the coin had peaked to $2.98.
Token Unlocks, Binance Snub Fuel Decline
The price downturn is largely attributed to the continuous unlocking of Pi tokens. According to Alex Obchakevich, founder of Obchakevich Research, the network has unlocked 4.9 billion PI so far, with another 1.54 billion set to be released over the year. This increase in supply has put downward pressure on the coin’s value.
Compounding the pressure, Pi Network’s exclusion from Binance’s latest “Vote to List” event for a second time frustrated community members.
Related: Trump Says ‘Boom’, Market Proves ‘Bust’: Tariffs Cause Massive Sell-Off
This continued absence signals ongoing concerns from major exchanges regarding the project’s compliance, transparency, and tokenomics clarity. Slow KYC migration (only 14M of 60M users migrated) and reported communication issues from the development team add to the challenges.
Pi Price Technical Levels: $0.50 Support Critical
Currently, Pi Coin risks falling below the critical $0.50 support level. For recovery, Pi Coin needs to reclaim the $0.60 level, facing subsequent resistance points near $0.65, $0.70, and $0.80.
While CoinMarketCap charts show some recent buyer interest trying to defend current levels, overall institutional sentiment appears mixed, and retail sentiment leans bearish following the recent news.
PiFest Adoption Offers Contrasting Signal
Despite the market headwinds, PiFest 2025, Pi Network’s first-ever global commerce event, showed growing adoption, with over 125,000 registered sellers and 1.8 million Pioneers engaging in local commerce.
Related: Binance Vote Fuels Divergence: BIGTIME Pumps 60% While Pi Community Fumes
The question remains whether this utility can eventually translate to value recognized by the broader “open market” via major exchange listings.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
