#PriceTrendAnalysis Pi Coin price has seen a significant drop recently. Pi Network's open network launch took place on 20 February 2025, after which Pi Coin price dropped by 62.24% and was trading at $0.6418.
The main reason behind this drop is the listing of Pi Coin on multiple exchanges after the open network launch, which led to a large number of investors selling their coins, which increased the supply in the market and led to a drop in the price.
Pi Network has also issued a warning to its users to avoid fraud, as some people may misuse the Pi name and trademark.
Volatility is normal in the cryptocurrency market, and investors should remain cautious.