{"id":20864,"date":"2025-04-07T08:31:44","date_gmt":"2025-04-07T08:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20864"},"modified":"2025-04-07T08:31:44","modified_gmt":"2025-04-07T08:31:44","slug":"why-is-the-pi-network-price-down-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20864","title":{"rendered":"Why is the Pi Network Price Down Today?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>PI dropped below $0.55 as market tensions and global trade wars escalate.<\/li>\n<li>With millions of tokens set to unlock this month and no major exchange listings, the price might continue its downtrend in the near future.<\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-9.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-391121\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-9.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-9.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-9-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-9-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-9-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-9-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/p>\n<p>Pi Network\u2019s native token, which has been in severe decline in the past few months, saw an evident resurgence over the weekend. As <em><span data-preserver-spaces=\"true\">CryptoPotato<\/span><\/em> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/why-is-pi-networks-pi-token-up-today\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">reported<\/span><\/a><span data-preserver-spaces=\"true\">, its price pumped by double digits and hit almost $0.75 on April 5.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, the bears stepped in again with the start of the new business week, erasing much of the gains. Currently, PI trades at around $0.53 (per CoinGecko\u2019s data), representing a 14% decline on a 24-hour scale. Its market capitalization slipped below $4 billion, pushing the asset away from the top 30 <\/span><span data-preserver-spaces=\"true\">club<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<figure id=\"attachment_391120\" aria-describedby=\"caption-attachment-391120\" style=\"width: 571px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-391120\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-1.png\" alt=\"PI Price\" width=\"571\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-1.png 1038w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-1-300x210.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-1-1024x717.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-1-768x538.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-1-50x35.png 50w\" sizes=\"auto, (max-width: 571px) 100vw, 571px\"><\/a><figcaption id=\"caption-attachment-391120\" class=\"wp-caption-text\">PI Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The most likely explanation behind the latest plunge is the overall collapse of the digital asset sector <a href=\"https:\/\/cryptopotato.com\/crypto-liquidations-eye-1-billion-amid-market-wide-crash\/\" data-wpel-link=\"internal\">witnessed<\/a> in the past several hours. The financial and crypto markets are under <\/span><span data-preserver-spaces=\"true\">serious<\/span><span data-preserver-spaces=\"true\"> tension following the escalation of the global trade war. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Recall that US President Trump recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-price-plummets-to-82k-in-reaction-to-trump-tariffs\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> a new wave of tariffs on virtually all countries, while some of the affected nations have either slammed reciprocal tariffs, plan to do so, or push for negotiations.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, <\/span><span data-preserver-spaces=\"true\">a substantial number of<\/span><span data-preserver-spaces=\"true\"> PI tokens are scheduled for release this month. Last week, Watch<\/span><span data-preserver-spaces=\"true\">.Guru<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/Whale_Guru\/status\/1906962681174577423\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">revealed<\/span><\/a><span data-preserver-spaces=\"true\"> that\u00a0<\/span><span data-preserver-spaces=\"true\">more than 121 million PI tokens will be unlocked<\/span><span data-preserver-spaces=\"true\"> before the end of April.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The circulating supply currently stands at around 6.8 billion coins, which constitutes locked mining rewards and unlocked mining rewards. The latest data\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/blockexplorer.minepi.com\/mainnet\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">shows<\/span><\/a><span data-preserver-spaces=\"true\"> that 75% of the tokens remain locked, leaving questions about what might happen to the price once this amount frees up.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Last <\/span><span data-preserver-spaces=\"true\">but not least<\/span><span data-preserver-spaces=\"true\">, leading exchanges like Binance and Coinbase remain uninvolved with Pi Network\u2019s cryptocurrency despite the speculation that they<\/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\"> might allow<\/span><\/a><span data-preserver-spaces=\"true\"> trading services with it.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Support from these behemoths will increase PI\u2019s liquidity and accessibility and potentially fuel a price rally.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/why-is-the-pi-network-price-down-today\/\" rel=\"nofollow\">Why is the Pi Network 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 PI dropped below $0.55 as market tensions and global trade wars escalate. With millions of tokens set to unlock this month and no major exchange listings, the price might continue its downtrend in the near future. Pi Network\u2019s native token, which has been in severe decline in the past few months, saw an evident [&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-20864","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\/20864","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=20864"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20864\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}