So, Pi Coin is floating around at $0.22, which is a whopping 90% nosedive from its $3 glory days back in February. Apparently, low liquidity and token unlocks are to blame, though some charts are whispering sweet nothings about a bullish comeback. 🌈✨
Pi Coin, the digital darling that once dreamed of the stars, is now trading at a humble $0.22. That’s right, a 90% plunge from its yearly high. The digital asset (fancy term for “internet money”) seems to have lost its rocket fuel after a brief moment of “Look at me, I’m relevant!” earlier this year. 🚀💥
From $3 Peak to $0.20-$0.30: Pi Coin’s Journey to the Bargain Bin
As of November 8, 2025, Pi Coin (PI) has taken a one-way trip to the discount aisle, far from its $3 peak. This all-time high was hit in February 2025, right after the Pi Network’s Open Mainnet launch. But, as it turns out, hype is a fickle friend, and the market’s excitement fizzled faster than a soda left open. 🥤🤷♂️
Related Reading: Pi News: Pi Network Launches Gargoura Digital Bank on Testnet | Live Bitcoin News
After the initial fireworks, the price plummeted faster than a lead balloon. Why? Well, liquidity was as scarce as a polite comment section, and major exchanges gave Pi Coin the cold shoulder. By April 2025, the price had crashed to $0.40, leaving investors wondering if they’d accidentally bought a ticket to the wrong universe. 🌌🤦♀️
There was a brief rebound in May 2025, with the price soaring to $1.40-$1.50, just before a Pi co-founder’s big speech at the Consensus conference. But, like a soap bubble, it popped, and the token couldn’t hold onto its fleeting fame. 🧼💨
By October 2025, the price had settled into a cozy consolidation range of $0.20-$0.30. The current $0.22 price tag is a testament to months of bearish grumbling and token unlocks flooding the market like an overzealous sprinkler. 🌧️💸
Speaking of unlocks, those freshly freed tokens are hitting the market like a herd of stampeding elephants, driving up selling pressure. Meanwhile, trading volume is thinner than a politician’s promise, with only smaller platforms like OKX and Bitget showing any interest. 🦣📉
Technical Charts Say “Maybe It’s Not All Doom and Gloom?”
Despite the financial equivalent of a black hole sucking in Pi Coin’s value, technical charts are hinting at a potential turnaround. The daily chart has formed a ‘falling wedge’ pattern, which is apparently crypto-speak for “things might get better, maybe, possibly, don’t quote me on that.” 📉🔮
The token has broken above the wedge, confirming a ‘break and retest’ pattern, which sounds like something a wizard would say before predicting the weather. Meanwhile, the Relative Strength Index and Percentage Price Oscillator are pointing up, creating a bullish divergence that suggests selling pressure might be easing. 🧙♂️📈
The Pi team is still tinkering away, expanding developer tools and the ecosystem. But let’s be real, actual adoption is still in its “awkward first date” phase. Most analysts are cautiously optimistic, which is code for “we have no idea, but we’ll pretend we do.” 🛠️🤷♂️
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2025-11-09 06:46