Why Pi Coin Crashed Today: Will $PI Value Rise and Reach $1000?

By / / Crypto News, Daily News
Why Pi Coin Crashed Today: Will $PI Value Rise and Reach $1000?
Table Of Contents
  1. Why Pi Network is Crashing: Reasons Behind the Price Drop & Future Outlook
  2. Why Did Pi Coin Crash?
  3. Pi Coin Price Prediction: Can Pi Recover?
  4. Conclusion

Why Pi Network is Crashing: Reasons Behind the Price Drop & Future Outlook

Pi Coin, once a highly anticipated cryptocurrency, has seen a sharp decline. Currently, Pi’s price stands at $0.6593, marking a steep 58.84% drop in a single day. Just a short time ago, on February 20, 2025, Pi hit an all-time high (ATH) of $2.10, but within hours, it plummeted to an all-time low (ATL) of $0.6152. So, what’s behind this drastic fall, and can Pi recover?

Why Did Pi Coin Crash?

Several key factors have contributed to the current Pi Coin price crash:

1. Early Miners Cashing Out

One of the main reasons Pi Coin’s price is dropping is due to early miners selling their holdings. After years of mobile mining, many early adopters are now taking profits as Pi becomes tradable on major exchanges like OKX, Gate.io, and Bitget.

“Trading in Pi is disappointing as pioneers keep selling, and buy orders remain small. However, this could be a positive sign—once sellers exhaust their holdings, demand may push prices back up,” said digital currency analyst Kim H. Wong.

2. Lack of Binance Listing

A crucial factor affecting Pi Coin’s price is its absence from Binance, the world’s largest cryptocurrency exchange. A Binance listing could bring significant liquidity and market exposure. While Binance recently conducted a poll regarding Pi’s listing, no official decision has been announced yet. Until Binance confirms its stance, investor sentiment remains uncertain.

3. Bybit’s Scam Allegations

Bybit CEO Ben Zhou has publicly called Pi Network a scam, citing concerns over data misuse and questionable marketing tactics. He confirmed that Bybit has no plans to list Pi Coin. This statement has further shaken investor confidence and contributed to the ongoing price decline.

4. Airdrop Sell-Offs

Similar to other airdrop-based cryptocurrencies like Catizen, X Empire, and CATS, Pi Coin has followed a common trend—sharp declines post-launch. With millions of tokens entering circulation, many users are selling quickly for immediate gains, leading to further downward pressure on Pi’s price.

Pi Coin Price Prediction: Can Pi Recover?

Despite the recent crash, Pi Coin still has the potential for a comeback, especially if Binance decides to list it. The ongoing community poll on Binance, which concludes on February 27, 2025, could play a major role in determining Pi’s future price trajectory.

Here’s what analysts predict:

  • 2025: If Binance lists Pi, its price could surge to $200.
  • 2030: With wider adoption and real-world use cases, Pi Coin could reach $500.
  • 2040: If Pi Network establishes itself as a mainstream digital currency, it might hit $1000.
  • 2050: Some long-term projections suggest Pi’s value could soar to $5000 if widely accepted for global transactions.

However, these predictions depend on several factors, including adoption rates, exchange support, and overall market conditions.

Conclusion

The steep drop in Pi Coin’s price raises pressing questions like, “Why is Pi Coin dropping?” and “Can Pi recover?” The primary reasons behind the crash include early miner sell-offs, missing Binance support, scam allegations, and post-airdrop dumping.

While the future remains uncertain, a potential Binance listing and increased adoption could revive Pi’s value. The crypto community will be closely watching whether Pi Coin can regain momentum and possibly answer the big question—Will Pi Coin ever reach $100 or even $1000?

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