{"id":16947,"date":"2025-03-10T08:01:49","date_gmt":"2025-03-10T08:01:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16947"},"modified":"2025-03-10T08:01:49","modified_gmt":"2025-03-10T08:01:49","slug":"why-is-the-pi-network-pi-price-down-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16947","title":{"rendered":"Why is the Pi Network (PI) Price Down Today?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">The price of PI reached an ATH of nearly $3 less than two weeks ago.<\/span><\/li>\n<li>Since then, though, the valuation has crashed by over 50%.<\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-386639\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/p>\n<p>Pi Network\u2019s native token started trading on February 20 when the team <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/massive-pi-network-pi-development-heres-where-you-can-trade-your-pi-tokens\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">launched<\/span><\/a><span data-preserver-spaces=\"true\"> its Open Network. The massive milestone was highly expected and came nearly six years after the project\u2019s birth.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">During its first trading days, PI\u2019s price experienced huge volatility, ranging from $0.64 to a peak of almost $3 (registered on February 27). Since then, though, the valuation has been gradually declining.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Several hours ago, PI tanked to as low as $1.26 before rebounding to the current $1.41 (per CoinGecko\u2019s data). <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> represents a 12% decrease on a daily scale and 16% <\/span><span data-preserver-spaces=\"true\">on a weekly basis<\/span><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<figure id=\"attachment_386638\" aria-describedby=\"caption-attachment-386638\" style=\"width: 573px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-386638\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI-1.png\" alt=\"PI Price\" width=\"573\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI-1.png 833w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI-1-300x209.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI-1-768x536.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI-1-50x35.png 50w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\"><\/a><figcaption id=\"caption-attachment-386638\" class=\"wp-caption-text\">PI Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Perhaps the<\/span><span data-preserver-spaces=\"true\"> most evident factor negatively affecting PI\u2019s performance is the overall correction of the cryptocurrency market.<\/span><span data-preserver-spaces=\"true\"> Bitcoin (BTC) briefly <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-btc-briefly-tanks-to-80k-leaving-over-600-million-in-liquidations\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">plunged<\/span><\/a><span data-preserver-spaces=\"true\"> to $80,000, while many leading altcoins are <\/span><span data-preserver-spaces=\"true\">also<\/span><span data-preserver-spaces=\"true\"> deep in the red for the day.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Another element could be Binance\u2019s intervention, or <\/span><span data-preserver-spaces=\"true\">more precisely,<\/span><span data-preserver-spaces=\"true\"> its lack of action.<\/span><span data-preserver-spaces=\"true\"> Last month, the biggest crypto exchange\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/binance-listing-pi-token-soon-community-has-the-final-say\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">held a community vote<\/span><\/a><span data-preserver-spaces=\"true\"> to determine whether its users would want to see PI available for trading. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The results became official on February 27, with over 86% of the voters clicking the \u201cyes\u201d option. However, the company has remained silent on the matter.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A potential listing would boost the coin\u2019s liquidity and accessibility and could create upward pressure on the price. Some well-known crypto exchanges <\/span><span data-preserver-spaces=\"true\">that have already allowed<\/span><span data-preserver-spaces=\"true\">\u00a0trading services with PI include Bitget, OKX, and MEXC.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/why-is-the-pi-network-pi-price-down-today\/\" rel=\"nofollow\">Why is the Pi Network (PI) Price Down Today?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR The price of PI reached an ATH of nearly $3 less than two weeks ago. Since then, though, the valuation has crashed by over 50%. Pi Network\u2019s native token started trading on February 20 when the team launched its Open Network. The massive milestone was highly expected and came nearly six years after the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16947","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16947"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16947\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}