Why is Pi Coin Dropping: Will It Recover or Vanish Like a Scam?

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1 day ago

Pi Coin News: Will it Survive the Crypto Crash or Exit the Market?

Pi Coin token has shocked the crypto world with a major crash. According to CoinMarketCap , the token dropped over 17% in a single day and 44.53% in just a week. Since its launch on February 20, 2025, it has lost 74.91% of its value. As of now, it is trading at $0.4601, with a market cap of $3.13 billion and a 24-hour trading volume of $609.65 million.

Pi Coin price

Source: CoinMarketCap

Adding more concern, on April 5, the Coin hit its new all-time low of $0.4012. It also got removed from the top 20 crypto tokens by market cap, now sitting at the 29th position. If the decline continues, Pi coin could even drop out of the top 30.

Why is Pi Coin Dropping?

No Binance Listing : Binance launched its "Vote-to-List" feature on April 2, featuring a few new crypto initiatives such as Mubarak Crypto, TUT crypto, Big Time, and more. But the Network was not mentioned, even though its community expected it to be listed. Binance has already conducted two rounds of vote-to-list events, and Pi Coin has been missing from both. This shows that Binance may not be interested in listing the token anytime soon.

Community Frustration: The community is frustrated with the project. Began in 2019, but its token was listed only in February 2025, which resulted in a long wait. Additionally, problems with KYC verification, token migration delays, and token loss during migration have disillusioned users. This has made many wonder about the transparency and intentions of the platform.

Scam Worry: With delays, incompetent communication, and declining prices, users are starting to wonder: Is this a scam or simply a failed experiment?

Will Pi Coin Rise Again or Crash Further?

Taking a glance at the latest price chart on OKX, things are confusing. The Pi price declined from approximately $0.67 to as low as $0.387, indicating a robust downtrend. But after falling to that lowest level, the altcoin recovered and is currently trading at approximately $0.4830. This shows a bit of short-term recovery, but the overall trend is still weak.

Pi Network trading chart

Source: TradingView

If the price stays above $0.4400, it might go up again and try to reach $0.5000 or $0.5200 soon.. If it breaks past that, the next target could be $0.5500. But if the price drops below $0.4400, it might crash all the way back to $0.3870, and perhaps even down to $0.3200 at worst. The long-term appreciation will rest on whether additional exchanges add the altcoin and whether actual use cases are implemented on the project.

Should You Invest in Pi Coin?

Currently, investing in the token is highly risky. The currency is underperforming, the community is unhappy, and it's not being listed on big exchanges like Binance. If things don't change, there's a possibility that it will be delisted or removed from the market.

Overall, investing in this is risky. However, investors are advised to do their own research and analysis before investing.

Conclusion

The Network had enormous expectations at launch but has not performed as anticipated. A steep decline in price, lack of exchange listing, and a disillusioned community are all indicators of crisis. But if the platform cleans up its problems and introduces additional use cases, it might just stage a turnaround.

Also read: Is Paws Listing on Binance and OKX? Get Ready—Clues Unfold

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