Altcoins News

Story: Pi Coin Drops 74% Amid Calls for Leadership Change

By Evie Vavasseur

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A Major Token Unlock is Approaching. One of the key factors behind Pi Coin’s recent decline is the upcoming unlocking of a substantial…

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Community Unrest and Calls for Leadership Change. Despite a promising statement from Pi Core Team regarding the success of PiFest – the network’s…

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Pi Network's Mining Rate Decline. Another factor weighing heavily on Pi Coin’s value is the continued decline in the network’s…

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Growing Inflation Concerns. Pi Network is facing significant inflationary pressures as the total supply of tokens increases.

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The Future of Pi Coin. Pi Network’s co-founder, Nicolas Kokkalis, is expected to address these concerns in the network’s…

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Pi Coin (PI), the native cryptocurrency of Pi Network, has faced a sharp and dramatic decline in value. Once trading at $2.98 in February 2025, the coin has now plummeted to $0.

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The release of so many tokens could lead to further downward pressure on Pi Coin’s price, especially as investor enthusiasm appears to be fading.

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Despite a promising statement from Pi Core Team regarding the success of PiFest – the network’s first major event on the Open Network, which saw significant participation – the…

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Dr. Altcoin, a prominent voice in the Pi community, criticized the lack of trading activity following PiFest.

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Another factor weighing heavily on Pi Coin’s value is the continued decline in the network’s mining rate. Pi Network’s mining rate dropped by 1.18% this month, now standing at 0.

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The price of PI has fallen by 20% over the past week, with the next crucial support level at $0.60.

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Pi Network is facing significant inflationary pressures as the total supply of tokens increases. With a max supply of 100 billion Pi coins and only 6.

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At present, there is little indication that Pi Network has plans to address this inflation through token burns or other deflationary measures.

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Pi Network’s co-founder, Nicolas Kokkalis, is expected to address these concerns in the network’s first X Space, where he will likely discuss the project’s roadmap and future…

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