Current Price: approximately $0.81 USD
24h Change: around -2%
Market Cap: around $5.85 billion USD
Daily Trading Volume: approximately $302 million USD
Market Ranking: #26 among cryptocurrencies
After peaking near $3 in February 2025, PI has dropped over 75%, reflecting the volatility and uncertainty surrounding the project.
Latest Updates and Concerns
Performance at Consensus 2025:
Pi Network cofounder Dr. Nicolas Kokkalis’s presentation at Consensus 2025 disappointed many in the community, leading to further decline in PI’s value.
Pump-and-Dump Accusations:
Analysts have raised concerns about potential "pump and dump" activity following a significant PI token sell-off, contributing to the price drop.
Lack of Major Exchange Listings:
Despite its high market cap, PI is still not listed on major trading platforms like Binance or Coinbase, limiting liquidity and accessibility.
KYC and Token Unlock Issues:
Many users are facing problems completing the KYC process, leaving their tokens locked and causing growing frustration within the community.
Future Outlook
Forecasts for PI vary, with estimates suggesting the price could range between $0.25 and $0.83 by the end of May 2025, depending on key developments such as full mainnet activation and improvements in project infrastructure.
The community remains cautious, awaiting concrete actions from the Pi Network team to regain trust and foster sustainable growth.
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