The PI Token, once a high-flying cryptocurrency, has plummeted 73% amid severe liquidity outflow and token unlocks. What caused this dramatic crash, and is there hope for recovery? Let’s dive into the details.
Why Did PI Token Crash 73%?
The PI Token’s sharp decline can be attributed to three key factors:
- Liquidity Outflow: Heavy selling pressure drained market liquidity, accelerating the price drop.
- Token Unlocks: The July unlock event flooded the market with new tokens, increasing supply without matching demand.
- Profit-Taking: Early adopters cashed out after the token’s 300% surge earlier in 2025.
PI Token Technical Analysis: Bearish Signals Dominate
Technical indicators paint a grim picture for PI Token:
Indicator | Value | Implication |
---|---|---|
RSI | 34 | Oversold but weak momentum |
MACD | Shortening green bars | Fading bullish momentum |
PI Network’s Response: Wallet Security Alert Sparks Speculation
On July 25, PI Network urged users to secure wallets, hinting at possible exchange listings. While rumors swirl about Binance, no confirmation exists. Analysts warn that even a listing may trigger more sell-offs.
Can PI Token Recover? Key Levels to Watch
For any recovery, PI must reclaim $1.0350 (50% Fibonacci level). Until then, critical support lies at:
- $0.4000: All-time low, a break could trigger panic selling.
- $0.2500: Next major support zone.
- $0.1000: Initial listing price on OKX.
FAQs: PI Token’s Crash and Future
1. What caused PI Token’s 73% drop?
Liquidity outflow, token unlocks, and profit-taking by early investors.
2. Is PI Network still active?
Yes, with 60M+ verified users, but token utility hasn’t stabilized prices.
3. Could a Binance listing save PI Token?
It may provide short-term relief but could also increase sell pressure.
4. Where is PI Token’s next support?
$0.4000 (ATL), followed by $0.2500 and $0.1000.