{"id":26494,"date":"2025-05-13T10:03:09","date_gmt":"2025-05-13T10:03:09","guid":{"rendered":"https:\/\/dogewisperer.com\/pi-network-price-rollercoaster-continues-as-pi-dumps-by-35-in-hours\/"},"modified":"2025-05-13T10:03:09","modified_gmt":"2025-05-13T10:03:09","slug":"pi-network-price-rollercoaster-continues-as-pi-dumps-by-35-in-hours","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26494","title":{"rendered":"Pi Network Price Rollercoaster Continues as PI Dumps by 35% in Hours"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>What goes up must come down, right? Well, that\u2019s certainly true for Pi Network\u2019s native token, which crashed hard in the past several hours.<\/li>\n<li>Nevertheless, some analysts remain optimistic, indicating that this is just the necessary correction before another massive leg up that can take it above $2.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/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=\"http:\/\/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>The cryptocurrency market rarely remains boring for long, as there\u2019s always some altcoin that waits to produce massive price volatility. In the past week, that honor belongs to Pi Network\u2019s cryptocurrency.<\/p>\n<p>PI stood within a consolidation range at around $0.6 up until the end of the previous business week, when the team behind the project <a href=\"https:\/\/cryptopotato.com\/why-is-pi-networks-price-up-today\/\" data-wpel-link=\"internal\">hinted<\/a> about a major development coming on May 14.<\/p>\n<p>Whether it was the hype around that or the overall market resurgence, it doesn\u2019t really matter, but the reality is that PI\u2019s price <a href=\"https:\/\/cryptopotato.com\/pi-networks-price-doubled-since-this-hype-announcement-whats-next-for-pi\/\" data-wpel-link=\"internal\">skyrocketed<\/a> by almost 200% to yesterday\u2019s peak at around $1.7. This became its highest price tag in well over a month.<\/p>\n<p>But nothing really goes in a straight line all the time. PI proved that to be correct today as its price slumped hard by over 35% at one point and even dipped below $1 briefly. Although it has recovered to $1.12 as of now, it\u2019s still more than 25% down on the day.<\/p>\n<p>This massive decline comes amid a relatively negligent token unlock of fewer than 8 million PI. For comparison, the number is set to shoot up to over $13 million on several occasions in the next month.<\/p>\n<figure id=\"attachment_396312\" aria-describedby=\"caption-attachment-396312\" style=\"width: 1320px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-13-123452.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-396312\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-13-123452.png\" alt=\"PI Token Price. Source: CoinGecko\" width=\"1320\" height=\"364\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-13-123452.png 1320w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-13-123452-300x83.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-13-123452-1024x282.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-13-123452-768x212.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-13-123452-50x14.png 50w\" sizes=\"auto, (max-width: 1320px) 100vw, 1320px\"><\/a><figcaption id=\"caption-attachment-396312\" class=\"wp-caption-text\">PI Token Price. Source: CoinGecko<\/figcaption><\/figure>\n<p>Despite this correction, analysts remain optimistic about PI\u2019s future price performance<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">, as technical observers somewhat\u00a0<a href=\"https:\/\/cryptopotato.com\/pi-network-pi-price-predictions-for-this-week-3\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">anticipated<\/a> this price drop to $1 support<\/span>. Moon Jeff continues to back the asset and noted that today\u2019s crash means that tomorrow\u2019s announcement could have already been priced in.<\/p>\n<p>Nevertheless, the popular X commentator believes if the news is \u201cgreat,\u201d it could pump the price higher to above $2.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> is already priced in for the news.<\/p>\n<p>Now waiting for the news.<br \/>\nIf the news will be great we will pump up higher.<br \/>\nMaybe slightly above $2. <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\/CSQmrYornw\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/CSQmrYornw<\/a><\/p>\n<p>\u2014 MOON JEFF (@CRYPTOAD00) <a href=\"https:\/\/twitter.com\/CRYPTOAD00\/status\/1922171516369649832?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">May 13, 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-network-price-rollercoaster-continues-as-pi-dumps-by-35-in-hours\/\" rel=\"nofollow\">Pi Network Price Rollercoaster Continues as PI Dumps by 35% in Hours<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR What goes up must come down, right? Well, that\u2019s certainly true for Pi Network\u2019s native token, which crashed hard in the past several hours. Nevertheless, some analysts remain optimistic, indicating that this is just the necessary correction before another massive leg up that can take it above $2. The cryptocurrency market rarely remains boring [&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-26494","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\/26494","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=26494"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26494\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}