Pi Coin recorded a drastic drop of 11.76% after Pi Day 2025, raising concerns among investors. At the time of writing, Pi Coin price hovers around $1.45, with a market cap of $10.26 billion and a 24-hour trading volume of $694.43 million. Over the past seven days, the coin has lost 19.60%, falling from $1.81 to $1.25 before slightly recovering.
Source: CoinMarketCap
Why Did Pi Coin Price Crash?
Pi Network Migration Issues: One of the biggest reasons behind Pi Coin's price drop is the Pi Network Migration Issues. Many Pi Network users, also called Pioneers, have faced problems during migration. A new forfeited section rollout caused some users to lose significant amounts of Pi Coin after missing the migration grace period. One such user reportedly lost 1,427 Pi while waiting in the migration queue.
KYC Deadline Issues: Another major issue that affected Pi Coin price was the KYC verification deadline. Many Pioneers were unable to complete their KYC verification due to technical problems and lack of support. The community expected an extension to the KYC deadline, but no official announcement was made, leading to a negative sentiment among investors.
Unmet Expectations for a Major Announcement: After six years of waiting, Pi Network’s mainnet launch on February 20 built high expectations for Pi Day 2025 updates. Investors and users were hoping for a major development, such as Pi Network Binance listing, but nothing significant was announced. This resulted in disappointment and further contributed to the sell-off.
Pi Binance Listing Rumors Disappointed Investors: There was speculation that Binance would announce the Pi Coin listing on Pi Day 2025. However, no official confirmation came from either Binance or Pi Network, which further dampened market sentiment. This uncertainty led to increased selling pressure.
Will Pi Coin Rise Again? Is Binance Listing Still Possible?
PiFest 2025 and Market Recovery: Despite the recent drop, there is hope for Pi Coin recovery. PiFest 2025 began on March 14, 2025, and will continue until March 21, 2025. This event enables users to shop at Pi-powered businesses using Pi Coin, promoting real-world utility.
Source: X
If PiFest 2025 dates drive adoption, it could strengthen investor confidence and help the price stabilize.
Hope for Pi Binance Listing: Although Binance has not made an official Pi Network Binance listing announcement, the exchange conducted a community vote on February 27, 2025, to gauge interest in listing Pi Coin. The results showed 87.1% in favor (202,547 votes) and 12.9% against (30,129 votes). While Binance has remained silent, many believe the vote was not just for publicity, keeping hope alive for a future listing.
Pi Network’s Potential to Enter the Top 10 Cryptos: Currently, Pi Coin ranks 11th in market cap after surpassing Chainlink, Stellar, Hedera, and Avalanche. If its momentum continues, Pi Coin could soon overtake TRON, securing a top 10 position. This achievement would boost credibility and attract more investors.
Pi Coin Price Prediction: What’s Next?
The PI/USDT chart on the 4-hour timeframe shows a symmetrical triangle pattern, suggesting consolidation. The price is near the lower trendline, showing signs of support.
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If support holds, an upward move to $1.80 - $2.00 is possible.
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If the price breaks below support, a drop to $1.20 or lower could follow.
The RSI at 40.28 indicates mild bearish momentum, but if buying pressure increases, a reversal could push the price higher. If Binance announces the listing, the Pi network price prediction suggests an immediate jump toward $3.00, with a possibility of reaching $5.00 if momentum continues.
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