Pi Crypto Crashes: The Shocking Decline Nobody Saw Coming!

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So, Pi crypto. Remember when it was the next big thing? Well, now it’s the next big flop. This month, its price has been plummeting faster than your last attempt at a New Year’s resolution. Talk about a freefall!

  • Pi Network’s price is plummeting, hitting its lowest level since November 5th. It’s not looking great.
  • Pi’s daily trading volume dropped by a whopping 11% to $14 million. In crypto terms, that’s basically a tumbleweed rolling through.
  • The decline followed a lawsuit by an American investor who claims to have lost money. Which, honestly, seems a bit like he was betting on the wrong horse to begin with.

Pi’s price dropped to $0.2145, which, if you’re keeping score, is its lowest point in almost a month. That’s a solid 25% drop since November. This is what we like to call a “local bear market.” Or as I like to call it, “a disastrous week.”

Oh, and speaking of disastrous-turns out, demand for Pi has gone the way of the dodo. According to CMC, its 24-hour trading volume sank by 15%, all the way down to $14 million. For a cryptocurrency that’s supposed to be worth over $21 billion? That’s… not exactly a good sign. This is the crypto equivalent of showing up to a party, and nobody’s there.

And where’s most of the volume coming from? OKX. That’s right, the giant exchange that’s basically hoarding the last crumbs. Bitget, Gate, and MEXC are following, but let’s be honest: they’re the backup dancers to OKX’s main act.

So, what’s causing this sudden nosedive? Well, there’s a lawsuit on the table. An American investor is suing, claiming he lost a ton of cash on Pi. He says the price dropped from $307.49 to $1.67. The problem? That’s, like, not even close to what happened. Pi peaked at $2.99 in February-not exactly the crash the plaintiff is describing. Sounds like someone needs a refresher on Pi history.

And get this: the investor also claims that 5,137 coins were mysteriously moved from his wallet without his knowledge. Sure, buddy. Proving that in court will be about as easy as finding a needle in a haystack. Pi’s team hasn’t even responded yet. If I were them, I’d be pretending this whole thing never happened.

Pi Crypto Price Technical Analysis (because we all need a good laugh)

Looking at the daily chart, it’s clear that Pi’s price has been tumbling faster than my motivation on a Monday morning. Investors probably cashed out after Pi’s stellar November performance, thinking they’d “buy low, sell high.” Turns out, they just sold high, then watched it plummet. Oops.

At $0.2828, Pi formed a classic double-top pattern. And guess what? It’s now heading toward the neckline at $0.2020. If it drops below that? Well, let’s just say we’re looking at an even uglier scenario. No, seriously-if Pi dips under $0.2020, brace for impact. It could tumble all the way to the next major support level at $0.1530. Pi’s trajectory is looking a lot like a plane that forgot how to fly.

But, hey, don’t worry, all is not lost. If Pi miraculously manages to rise above the 50-day moving average at $0.2375, all of this could be a distant memory. But don’t hold your breath. This rollercoaster might just be heading for a full-on freefall.

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2025-12-10 22:44