#GasFeeImpact Pi Network Coin’s 62% crash explained—Why it declined and what it means for crypto enthusiasts

Pi Network Coin, the latest entrant in the cryptocurrency market, faced a steep fall just a day after its much-anticipated listing. On Friday, February 21, 2025, at 9:35 AM IST, the coin’s value dropped 62.63% to $0.737, a stark contrast to its peak of $1.97 when it debuted on exchanges.

Despite the drop, the listing marks a major milestone. Pi Coin is now tradable outside its closed ecosystem, with leading platforms like Binance, CoinDCX, OKX, and Bitget supporting transactions. For millions of Pi users, this is the moment they’ve been waiting for.