Pi Coin continues to trade at low levels, nearing its all-time low of $0.33. While other cryptocurrencies recover, many investors are asking about the early pricing of Pi Coin.
Why Did Pi Coin Not Have a Better Start?
Pi Coin was launched at a price of approximately $1.45 and quickly surged to a high of $2.10 on launch day. However, this rally was short-lived, and the coin plunged over 55% within 24 hours, dropping to around $0.78. Experts suggest that the low start price was due to the lack of proven value or a mature ecosystem, unlike established cryptocurrencies such as Bitcoin or Ethereum. Setting a high initial price like $25 or $500 would have been unjustified and likely led to a quick crash. Additionally, Pi has a huge circulating supply distributed to millions of free miners, making a high price unrealistic. The low price may have reduced risk for buyers and increased adoption, as higher prices could scare away potential investors.
Current Market Sentiment Around Pi Coin
Current market confidence in Pi is quite low compared to other cryptocurrencies. Since mid-2025, Pi is going through a 'bleeding phase' and experiencing heavy selling pressure with declining trading volumes. Many investors have lost hope in Pi. However, some analysts remain optimistic, awaiting its recovery like BTC and ETH investors. Recently, a mystery account accumulated 350.5 million Pi coins, worth over $125 million, showing strong faith in the crypto's potential.
Frequently Asked Questions About Pi Coin
Why is Pi Coin's price so low? Pi Coin trades at $0.3656 due to the massive token unlock in August 2025 and lack of proven utility, remaining near its $0.33 all-time low despite an initial $2.10 launch spike. What caused Pi Coin’s 55% crash after launch? The price fell from $2.10 to $0.78 within 24 hours due to speculative trading, lack of institutional backing, and sell pressure from free miners cashing out. Is there still hope for Pi Coin’s recovery? Some optimism remains, as a mystery whale accumulated 350.5 million Pi ($125M), signaling long-term confidence.
Pi Coin is currently facing challenges in the cryptocurrency market, remaining at low levels. Analyzing the reasons behind its low start and current market conditions draws attention from analysts and investors.
