Pi Network Faces Major Price Drop After Event

The Pi Network’s coin fell from a high of $1.60 to $0.70 within 24 hours after Consensus 2025. Despite reported $100M inflows, the price struggles to hold the $1 mark, suggesting broader market forces at play.

Dr Altcoin, a Pi Network analyst, predicts Pi Coin could further drop to $0.40, citing alleged pre-mining activities and KYC privacy risks. Mr Spock, however, dismisses these warnings, expecting a price rebound and referring to such concerns as “FUD.”

“Pi may drop to $0.40 and has advised users to wait until it reaches this price point.” — Dr Altcoin

The dramatic price drop has immediate effects on investor confidence, with some questioning the project’s ability to deliver promised ecosystem growth. Observations indicate underlying issues within the cryptocurrency’s operational framework.

Financial implications include significant market cap losses and scrutiny on reported $100M inflows. Concerns about leadership transparency also surface, influencing community sentiment amid significant price volatility.

Potential outcomes include further regulatory and technological evaluations as investors seek clarity on the Pi Network’s internal operations. Historical price trends indicate potential recovery if project goals align with community expectations.