Pi Network has seen a sharp decline recently and is now only $0.4027. Investors and supporters of Pi are not very happy and are disappointed as the value drops to record lows. However, some cryptocurrency experts suggest maintaining a "wait and see" strategy for 5 years, similar to Bitcoin investors.
Pi Coin continues to struggle in the market, hitting a new record low of $0.40003 just yesterday. As of today, its trading price has slightly increased to $0.405, down 2% in the past 24 hours. The price drop has left many initial supporters disappointed. One user questioned on social media: "We have waited six years for Pi Network to launch. Do you really want us to wait another five years just to see a reasonable price?"
In response to this question, cryptocurrency analyst Dr. Altcoin stated that many Bitcoin and Ethereum investors initially sold too early and later regretted it, while those who held for five years saw life-changing profits.
He explained that Pi is likely to follow a similar path. With the price currently at a record low, he encourages investors to think long-term and consider accumulating more as prices fall. According to him, this could be the right time to plan ahead and be patient rather than giving up.
"Pi is currently at its lowest price ever and frankly, I don't see its price dropping any further," he concluded.
Why is Pi Coin's Price Dropping?
Pi Coin was launched in early 2025 with an initial price near $3, but its price quickly fell due to a large token supply flooding the market. Recently, the network released hundreds of millions of Pi Coins onto exchanges, significantly increasing the supply without a corresponding increase in demand. This large imbalance between supply and demand has pushed the price down to the bottom.
