Pi Coin Struggles Amid Market Rally: Can It Recover?

The crypto market is booming, with Bitcoin at $118K and Ethereum above $3K, but Pi Network (PI) is moving in the opposite direction.

📉 Pi Coin’s Recent Performance

Down 6% in 24H – Trading at $0.462, dangerously close to its all-time low of $0.40.

29% Drop in Two Weeks – Underperforming despite the broader market surge.

Massive Token Unlocks – Over 100M PI (1.5% of supply) released this week, adding sell pressure.

🔍 Why Is Pi Struggling?

1️⃣ Token Unlocks – Early miners & investors are cashing out.
2️⃣ Lack of Utility – Still no major exchange listings or real-world adoption.
3️⃣ Market Sentiment Shift – Traders favor BTC, ETH, and high-performance alts over speculative projects.

🚀 Can Pi Recover?

✅ If Mainnet Progress Accelerates – More exchanges & merchant adoption could help.
✅ If Lockups Reduce Selling Pressure – Fewer unlocks = less dumping.
❌ If Demand Doesn’t Pick Up – PI could test $0.40 support soon.

📌 Final Verdict

Pi’s price action looks bearish short-term, but a turnaround isn’t impossible if the team delivers on its promises.

#PiNetwork #picoin #crypto #altcoins #MarketUpdate

Do you think Pi can recover, or is this the beginning of a deeper drop? Share your thoughts! 👇

Pi Coin Drops Again While Market Surges: Will the Price Recover?