Why Is Pi Coin Price Crashing Despite March 14 Being an Important Date For Pi Network?

Today, March 14th, is the most important date for the Pi Coin community. Pi Coin was created exactly 6 years ago today, marking the project’s debut with its whitepaper release and mobile app availability.

The Pi Network set March 14, 2025, as the final deadline for users to complete KYC verification and migrate their Pi Coins to the Mainnet. Users who miss this deadline might lose most of their coins, except what they mined in the last six months. Many users are frustrated because of technical problems with the migration process, and they want the network to fix these issues before time runs out.

March 14 is also Pi Day (3/14), which matches the mathematical constant π. This day marks 6 years since Pi Network launched. Because of this special date, many people thought there might be big announcements about new features or partnerships.

Some rumors suggested Pi Coin might get listed on Binance on March 14. A community vote in February 2025 showed that 86% of voters supported listing Pi Coin, but Binance made it clear that this vote wasn’t binding.

Understanding the Price Drop

However, Pi Coin’s price fell 9% today and went below $1.50. We had predicted that the $1.65 support level might not hold if something unexpected happened.

This price drop is what traders call a “sell-the-news” event. It happens when people buy a coin before an important date because they expect good news. The price goes up before the event. Then when the actual day comes, many traders sell their coins to take profits, no matter if the news was good or bad.

For Pi Coin, there was a lot of excitement before March 14th. Many people bought coins hoping for big announcements on this special day. When the news wasn’t as exciting as they hoped, or when it was already expected, traders started selling.

This kind of price movement is normal in crypto markets. Short-term prices often move based on feelings and guesses rather than real developments. People who invest for the long term usually see these drops as normal market behavior, not as signs of a project’s real value.

Read also: How Much Could 500 Pi Coins Be Worth in 2026?

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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