Pi Coin Crash to $0.4 Imminent As Pi Network Disappoints At Consensus 2025
The post Pi Coin Crash to $0.4 Imminent As Pi Network Disappoints At Consensus 2025 appeared on BitcoinEthereumNews.com.
At the Consensus 2025 event on Friday, Pi Network founder and CTO Dr. Nicholas Kokkalis delivered a keynote on leveraging AI and blockchain infrastructure to drive mainstream adoption. Despite this, Pi Coin’s price plummeted 19% within hours, signaling growing disappointment within the Pi community. Analysts predict the altcoin could slide further, potentially revisiting its April lows of $0.40. Pi Coin Price Crash to $0.4 Coming Soon Pi Coin price has come crashing down another 19% to under $0.71, now losing more than 50% from the May peak of $1.5. Additionally, the daily trading volume has surged 30% to $552 million, showing a strong selling pressure. Dr. Altcoin noted that in the absence of any major announcement like a Binance listing, the altcoin can once again visit its April lows of $0.4. Today’s Pi crash comes amid massive despoits happening on crypto exchange OKX. As per the on-chain data, nearly 1.2 million Pi cryptocurrency has been deposited to the exchange. Source: Moon Jeff Pi Network Plans Face Criticism Earlier this week, Pi Core team announced Pi Network Ventures, a $100 million VC fund initiative to build Dapps on the platform. However, the Pi community showered major criticism on knowing that the adoption of the platform is nowhere close to what was hyped by the Pi Core team. This means that the network would just start from scratch and would have nothing much to attract DApp builders to the platform. At the Consensus 2025, Dr. Nicholas Kokkalis spoke of further plans for a global adoption of the network as well as the native Pi Coin. He spoke on three different verticals: AI and Blockchain Synergy: Dr. Kokkalis stressed the combined power of AI and blockchain in enabling practical, real-world applications, offering solutions that bridge technical innovations with everyday use. Global Solutions in…
