
If you look at the last 30 days data, you will notice the Pi Coin price dipped around 50%. Current price is around $0.61 at press time.
Pi Network’s token is actually 80% down from all-time high of $2.98 in late February. So, what are the real reasons behind all this? ‘Dr Altcoin’ explained it nicely on X to his 41k followers.
What you'll learn 👉
A Supply Shock Is Crushing Pi Coin’s Price
The biggest problem facing Pi Coin right now is the massive daily unlock schedule. Every day, about 7 million Pi tokens enter circulation, with many going straight to exchanges. This creates enormous selling pressure that’s hammering the price.
In just a matter of days, the tradable supply on centralized exchanges jumped from 354 million to 368 million Pi – an increase of over 14 million coins. Meanwhile, the total circulating supply has ballooned to 6.88 billion Pi, with more tokens scheduled to hit the market in coming months.
What we’re seeing is a textbook supply and demand imbalance. When more tokens flood the market than there are buyers willing to purchase them, prices fall. It’s that simple. Too many sellers, not enough demand – the perfect recipe for a prolonged bear cycle.
Why is the price of Pi falling?
— Dr Altcoin (@Dr_Picoin) April 16, 2025
1. On average, 6.8 million Pi coins are being unlocked daily, with most of them heading straight to CEXs.
2. As a result, the available circulating supply on CEXs has increased from 354 million Pi to 368 million Pi in just a few days.
3. The… pic.twitter.com/EhXBZZpUYi
The Bottom May Not Be In Yet
Based on current trends, some analysts including Dr Altcoin expect Pi could drop to $0.30 or even lower in the months ahead. This prediction makes sense when you consider several factors working against the token.
The unlock rate shows no signs of slowing down in the near term. Many early adopters are likely selling their Pi to lock in whatever profits remain after the steep decline. And perhaps most concerning, Pi’s utility remains limited, meaning demand isn’t growing fast enough to offset the increasing supply.
Without a major change in market dynamics, it’s difficult to see how Pi avoids further price drops in the short to medium term.
What Could Potentially Save Pi Coin?
Despite the gloomy outlook, there are several possible lifelines that could help stabilize Pi’s price:
More exchange listings could make a difference. Currently, only a few exchanges like BitMart and OKX support Pi trading, and even these don’t offer it in every market. If more KYB-compliant exchanges add Pi, especially in major markets like the US, China, or Europe, this could significantly expand the potential buyer base.
Institutional buyers entering the market could change the game. If companies like BANXA were to purchase large amounts of Pi (say, 100 million tokens) on the open market, this would help absorb some of the excess supply and potentially stabilize the price.
Major announcements from the Pi Core Team could revitalize interest. New product updates, strategic partnerships, or practical use-case implementations could reignite excitement around the project and drive fresh demand for the token.
As for when recovery might begin, there is a potential light at the end of the tunnel. The unlock rate is expected to decrease significantly by August 2025. If the market can weather the storm until then, the reduced supply pressure could finally allow Pi to find a bottom and potentially begin rebuilding its value.
As a reminder, we continue to publish daily Pi Coin price predictions and here’s the today’s one.
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