{"id":18562,"date":"2025-03-22T07:01:58","date_gmt":"2025-03-22T07:01:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18562"},"modified":"2025-03-22T07:01:58","modified_gmt":"2025-03-22T07:01:58","slug":"pi-token-is-tanking-but-can-this-new-pi-network-partnership-turn-things-around","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18562","title":{"rendered":"PI Token Is Tanking \u2013 But Can This New Pi Network Partnership Turn Things Around?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Ever since its official launch roughly a month ago, the PI token has gone through a volatile ride but the past week or so has been extremely painful.<\/li>\n<li>The project announced an important partnership in the past 24 hours \u2013 can it stop the substantial correction that pushed its price below $1?<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-4-1.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-387864\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-4-1.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-4-1.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-4-1-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-4-1-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-4-1-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-4-1-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<p>Recall that the controversial project, which was in development for approximately half a decade, finally <a href=\"https:\/\/cryptopotato.com\/massive-pi-network-pi-development-heres-where-you-can-trade-your-pi-tokens\/\" data-wpel-link=\"internal\">released<\/a> its Open Network on February 20, which also saw the launch of the PI token.<\/p>\n<p>The asset went from almost $2 to under $0.7 within hours before it <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-explodes-by-35-daily-reaching-a-new-ath-is-the-bull-run-just-starting\/\" data-wpel-link=\"internal\">exploded<\/a> to a new all-time high of $3 just days later on the hype of many crypto exchanges listing it. However, the controversy continued as the CEO of Bybit said his exchange wouldn\u2019t list it as he <a href=\"https:\/\/cryptopotato.com\/bybit-ceo-ben-zhou-slams-pi-network-as-token-crashes-60-after-mainnet-launch\/\" data-wpel-link=\"internal\">considers<\/a> it a scam, while Binance has yet to add it to its platform, although the community <a href=\"https:\/\/cryptopotato.com\/binance-listing-pi-token-soon-community-has-the-final-say\/\" data-wpel-link=\"internal\">voted<\/a> highly in favor.<\/p>\n<p>PI started to nosedive, and the past seven days have been particularly painful. The token, which was close to the top 10 cryptocurrencies by market cap, is down by 34% weekly and is now in the 25th spot, according to CoinGecko.<\/p>\n<figure id=\"attachment_388681\" aria-describedby=\"caption-attachment-388681\" style=\"width: 848px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-084938.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-388681\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-084938.png\" alt=\"PI Token Price. Source: CoinGecko\" width=\"848\" height=\"646\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-084938.png 848w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-084938-300x229.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-084938-768x585.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-084938-50x38.png 50w\" sizes=\"auto, (max-width: 848px) 100vw, 848px\"><\/a><figcaption id=\"caption-attachment-388681\" class=\"wp-caption-text\">PI Token Price. Source: CoinGecko<\/figcaption><\/figure>\n<p>Although there\u2019s no clear end to this price slide in sight, Pi News (the official media source behind the project) announced a big partnership yesterday, which could be the reason behind the 7% surge on a daily scale.<\/p>\n<p>The collaboration is with PiDaoSwap, which is a \u201c100% community-driven\u201d project not owned by any single individual. It features \u201c100% DAO governance, 100% transparency, and complete decentralization,\u201d said the post.<\/p>\n<p>Big partnerships could impact the underlying asset\u2019s price positively, especially in the long run, if they prove to be successful. It will be interesting to see whether PI will benefit from this collaboration in the near future. This particular one could ease some of the controversy around the project, given its history of delaying launches, KYC procedures, and deadlines.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">We are thrilled to announce that we have officially entered into a strategic partnership with <a href=\"https:\/\/twitter.com\/PidaoSwap_?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@PiDaoSwap_<\/a> and have become a DAO member of PiDaoSwap. The PiDaoSwap project is not owned by any single individual \u2013 it is 100% community-driven, featuring 100% DAO governance, 100%\u2026 <a href=\"https:\/\/t.co\/MXEVaEXWXK\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/MXEVaEXWXK<\/a><\/p>\n<p>\u2014 Pi News (@PiNewsMedia) <a href=\"https:\/\/twitter.com\/PiNewsMedia\/status\/1903076925482078735?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">March 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pi-token-is-tanking-but-can-this-new-pi-network-partnership-turn-things-around\/\" rel=\"nofollow\">PI Token Is Tanking \u2013 But Can This New Pi Network Partnership Turn Things Around?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Ever since its official launch roughly a month ago, the PI token has gone through a volatile ride but the past week or so has been extremely painful. The project announced an important partnership in the past 24 hours \u2013 can it stop the substantial correction that pushed its price below $1? Recall that [&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-18562","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\/18562","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=18562"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18562\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}