{"id":18707,"date":"2025-03-24T06:48:03","date_gmt":"2025-03-24T06:48:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18707"},"modified":"2025-03-24T06:48:03","modified_gmt":"2025-03-24T06:48:03","slug":"why-is-pi-tokens-price-down-today-as-market-rebounds","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18707","title":{"rendered":"Why Is PI Token\u2019s Price Down Today as Market Rebounds?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>The entire cryptocurrency market started to rally on Sunday and has posted impressive gains over the past 24 hours.<\/li>\n<li>However, there are a few exceptions, and Pi Network\u2019s native token is among them, with another 6% slide.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter 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><\/p>\n<p>Bitcoin leads the pack in terms of daily gains as its price jumped to $87,000 for the first time since Thursday morning when it was rejected at $87,500 and pushed south by several grand.<\/p>\n<p>Numerous altcoins have outperformed, charting notable gains. Avalanche is the top gainer from the larger caps, having surged by 11% to over $21. LINK, SOL, HBAR, and SUI follow suit.<\/p>\n<p>In contrast, TRX and PI are deep in the red, with losses of 4.5% and 6%, respectively. The situation for Pi Network\u2019s token is quite painful, as it has lost over 30% of its value in the past week and almost 70% since its all-time high marked on February 26.<\/p>\n<p><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">Today\u2019s price slide comes despite a recently\u00a0<a href=\"https:\/\/cryptopotato.com\/pi-token-is-tanking-but-can-this-new-pi-network-partnership-turn-things-around\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">announced<\/a> partnership that could enhance the protocol\u2019s transparency and\u00a0<a href=\"https:\/\/cryptopotato.com\/is-pi-networks-pi-token-about-to-explode-2-key-signs-point-to-a-trend-reversal\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">these two signs<\/a> that suggest a trend reversal.<\/span><\/p>\n<p>However, Pi News, the official X media of Pi Network, noted something rather worrying. Its latest post from Sunday indicated that the number of PI tokens deposited to centralized exchanges had reached a record peak of 330 million coins.<\/p>\n<p>Such large numbers of tokens going into trading platforms typically signal a bearish short-term future for the underlying asset, as they increase the immediate selling pressure.<\/p>\n<p>Nevertheless, the team remains optimistic, saying, \u201cPerhaps by participating in the construction of the Pi ecosystem, the price of PI will reach a new high.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">330M of <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> deposited in CEX has reached a record high.<\/p>\n<p>Currently, the <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> price remains in the $1 range.<\/p>\n<p>Perhaps by participating in the construction of the Pi ecosystem, the price of Pi will reach a new high.<a href=\"https:\/\/twitter.com\/hashtag\/PiNetwork?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#PiNetwork<\/a> <a href=\"https:\/\/t.co\/XfrTFatGRz\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/XfrTFatGRz<\/a><\/p>\n<p>\u2014 Pi News (@PiNewsMedia) <a href=\"https:\/\/twitter.com\/PiNewsMedia\/status\/1903787003680079898?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">March 23, 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\/why-is-pi-tokens-price-down-today-as-market-rebounds\/\" rel=\"nofollow\">Why Is PI Token\u2019s Price Down Today as Market Rebounds?<\/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 entire cryptocurrency market started to rally on Sunday and has posted impressive gains over the past 24 hours. However, there are a few exceptions, and Pi Network\u2019s native token is among them, with another 6% slide. Bitcoin leads the pack in terms of daily gains as its price jumped to $87,000 for 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-18707","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\/18707","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=18707"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18707\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}