Something’s not right with Pi Coin Price—and if you’ve been watching the charts, you already know it.
It is falling hard, millions of tokens are being unlocked, and panic is building. People are asking the ultimate question now: Why Pi coin is falling? Let’s break it down in simple words.
Pi Coin Price Collapse: Big Pi Coin News Explained
This token is not doing well at all since its launch. The price is falling fast, and people are scared. Right now, the pi token price is around $0.6201, and it went down 6.89% in just one day.
The total market value is $4.26 billion, and trading volume went up by 36.19%, meaning more people are buying and selling—but most of them are selling.
Why Pi Coin Is Falling So Hard Right Now? Token Unlock Chaos
1. More than 203 million of these assets are going to be unlocked over the next 30 days, according to crypto analyst Dr Altcoin. That’s a lot of coins—almost 6.78 million every single day. But there are not enough people to buy them.
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As a result, the available circulating supply on CEXs has increased from 354 million to 368 million cryptos in just a few days.
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The overall circulating supply has also grown to 6.88 billion.
2. No Big Exchanges are Involved Yet: It is not listed on big crypto exchanges like Binance or Coinbase. You can only buy or sell it on some small ones like OKX or BitMart. And those don’t work in big countries like the USA, China, or Europe because of rules.
So what happens? The price goes down. It’s simple—too many sellers, not enough buyers.
So even though millions of people mined this coin for years, they can’t trade it easily. That means low demand and low trust. As someone who has been keeping a track on this asset, I can say this is a huge reason why it is crashing and the process still continues.
Technical Indicators: Key Support & Resistance Levels
According to TradingView Chart, Let’s keep it simple:
Source: TradingView
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Support Level: $0.52
This is where the price bounced back last time. But if it falls below this, it could crash even more.
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Resistance Level: $0.75
It tried to go above this but failed. If it crosses this level, the crypto might start going up slowly.
Pi Coin Price Prediction: What To Expect Next?
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Bearish Case (More Likely): $0.45 to $0.40
If community keep selling and no new buyers come in, this is the next stop.
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Bullish Scenario (Only if something big happens): $0.64 to $0.70
But for that, it must break $0.75 and have strong demand behind it.
Final Thoughts
Right now, its value is in a tough spot. Too many assets are being released, but not enough people want to buy them. The price could fall even more if nothing changes. If the team makes a big move or more people get access to trade it, things could improve. But until then, it’s best to stay careful and watch what happens next.
