Day-to-day transactions of Pi Network's PI crypto token, with the question of who's offloading their holdings raised yet again
In the world of cryptocurrencies, Pi Network's native token, the Pi Coin, has been experiencing a significant price drop. This decline can be attributed to a combination of factors, including a large token unlock event and insider sales.
The August 2025 token unlock released 162.8 million Pi Coins into circulation, leading to an oversupply and downward price pressure. Additionally, insider sales amounting to approximately 12 million Pi Coins, worth billions at peak prices, have contributed significantly to the price drop. These sales, likely from early investors or platform insiders, added selling pressure as tokens became accessible for trading following the mainnet launch earlier in 2025.
The sudden and steep drop in Pi Coin’s value—falling about 50% in mid-2025 and even up to 84% after its mainnet launch—was further influenced by several factors. These include extreme initial overvaluation, profit-taking by early users, limited user KYC completion, a large circulating supply release, lack of clear communication from Pi Network leadership, and continued market uncertainty.
Despite structural attempts like reducing the mining rate by 8% and encouraging token lock-ups for rewards, the price of Pi Coin has yet to stabilize. Market sentiment remains bearish, with fluctuating price predictions around $0.25 to $0.44 for 2025.
The overall cryptocurrency market has also seen a downturn, with a loss of over $250 billion in the past few days. Pi Network's native token has marked another double-digit price plunge in the past 24 hours, experiencing a 16% price drop. The Pi Coin has plunged to a new all-time low of $0.34 on CoinGecko.
However, there is a glimmer of hope. The reduction in token unlocks might help stop the freefalls of Pi's price, at least for the time being. This reduction could potentially lead to a relief in the Pi market in the near future. Analysts are questioning who is selling the Pi Network's native token at such low levels, and the token unlocks are set to be reduced in the next month.
As the market continues to correct, it remains to be seen how Pi Coin will fare in the coming months. However, with continued efforts to manage supply and improve communication, there is potential for the Pi Network's native token to regain its footing.
- Amidst the price drop of Pi Coin, traders in the crypto market are now cautious about altcoins, as the Pi Network's native token is not an exception to the ongoing market downturn.
- As the Pi Coin plunges to a new all-time low, some investors start questioning the influence of insider sales on the crypto trading market, considering the significant impact they had on the Pi Coin's value.
- Despite a challenging price environment for Pi Coin due to factors such as oversupply and insider sales, many financial analysts predict potential recovery for the native token of Pi Network, if the team invests in managing supply and enhancing communication effectively.
