Close Menu
    Trending
    • Strategy Adds $740M Bitcoin as BTC Tops $122K
    • Ethereum Price Analysis: ETH Targets $4K Following 25% Weekly Gains
    • Dogecoin Rally On Thin Ice: Analyst Predicts Sudden Shakeout
    • Ethereum validators back raising gas limit to 45 million for improved network capacity
    • Bitcoin Tests $120K as Bulls Target $130K Breakout
    • These Meme Coins Explode as Bitcoin Price Eyes $120K Again: Market Watch
    • XRP Targets $6–$10 If Bitcoin Hits $144,000, Analyst Predicts
    • Ethereum ATH Above $4,800? Here’s How High It Will Go If 2021 Repeats
    Simon Crypto
    • Home
    • Crypto Market Trends
    • Bitcoin News
    • Crypto Mining
    • Cryptocurrency
    • Blockchain
    • More
      • Altcoins
      • Ethereum
    Simon Crypto
    Home»Cryptocurrency»Is the Pi Network Price on the Verge of Further Collapse?
    Cryptocurrency

    Is the Pi Network Price on the Verge of Further Collapse?

    Team_SimonCryptoBy Team_SimonCryptoJuly 4, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    TL;DR

    • PI stays in decline, with rising issues that the value drop may deepen as alternate balances swell by hundreds of thousands of cash.

    • Large token unlocks are including to the strain, with 18.2 million PI scheduled for launch at this time.

    One other Crash Incoming?

    The cryptocurrency market skilled a strong resurgence during the last seven days, with some main digital belongings charting double-digit good points. Nevertheless, this wasn’t the case for Pi Community (PI), whose value continued its unfavourable development.

    As of this writing, it trades at roughly $0.48, representing a 13% decline on a weekly scale and a 26% plunge over the previous month.

    PI Price
    PI Worth, Supply: CoinGecko

    And whereas the PI holders and proponents count on to see the top of the downturn, some vital indicators recommend that the crash would possibly intensify even additional within the close to future.

    As an illustration, the variety of tokens saved on centralized exchanges has surged by over six million within the final 24 hours. At the moment, greater than 366 million PI are held on such platforms, a worth with an approximate USD equal of $177 million.

    The elevated provide on exchanges doesn’t assure that traders are getting ready for a large sell-off. Nonetheless, the event may be seen as bearish because it will increase the speedy promoting strain. 

    Not the Solely Issue to Watch

    The upcoming token unlocks additionally spell dangerous information for the bulls. The file 18.2 million PI are scheduled for launch at this time, which can give folks the chance to dump their long-awaited cash. The unlocks will stay excessive till mid-July, following which the temp is predicted to chill off. 

    It’s price noting that the discharge of PI tokens accelerated final month, triggering renewed promoting strain. The worth of the asset nosedived to only underneath $0.40 on June 13. The collapse coincided with the geopolitical rigidity attributable to the navy battle between Iran and Israel, which had a major affect on your entire cryptocurrency market. One X person who usually provides his two cents on PI stated on the time:

    Is $PI powered by Iranian nuclear services?
    It dipped from 0.62 to 0.4 in a single minute.
    However it’s already recovering.
    Bullish for $PI. #PiNetwork pic.twitter.com/yigrikD6Ij

    — MOON JEFF (@CRYPTOAD00) June 13, 2025

    SPECIAL OFFER (Sponsored)
    Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome provide on Binance (full details).

    LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ethereum Price Analysis: ETH Targets $4K Following 25% Weekly Gains

    July 21, 2025

    These Meme Coins Explode as Bitcoin Price Eyes $120K Again: Market Watch

    July 21, 2025

    Ripple (XRP) Rally Cools After Hitting $3.65—What’s Next?

    July 21, 2025

    Proponent Suggests the XRP Price Can 6x From Here, But is it Realistic?

    July 21, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Top Posts

    What is Tether (USDT) and How Does It Work?

    December 29, 2024

    ad

    About us

    Welcome to SimonCrypto.in, your ultimate destination for everything crypto! Whether you’re a seasoned investor, a blockchain enthusiast, or just beginning your journey into the fascinating world of cryptocurrencies, we’re here to guide you every step of the way.

    At SimonCrypto.in, we are passionate about demystifying the complex world of digital currencies and blockchain technology. Our mission is to provide insightful, accurate, and up-to-date information to empower our readers to make informed decisions in the ever-evolving crypto space.

    Top Insights

    This Bitcoin Correction Is Different From March 2024—Here’s Why

    March 22, 2025

    Crypto Trader Says Under-the-Radar Altcoin on Cusp of New Leg Upwards, Updates Outlook on Bitcoin and Ethereum

    January 17, 2025

    Japanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury

    February 12, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 SimonCrypto All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.