Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Pi Network’s PI Token Plummets 20% Amid Unstake Surge

Pi Network’s PI Token Plummets 20% Amid Unstake Surge

Coinlive2025/08/04 05:40
By:Coinlive
Key Points:
  • Pi token down over 20% due to increased supply.
  • Leadership silence causes community unrest, impacting confidence.
  • Speculative activity rises with $30 million in open interest.
Pi Network’s PI Token Plummets 20% Amid Unstake Surge

Pi Network’s PI token experienced a 20% price drop within a week due to increased token unlocks and declining community confidence, lacking official commentary from core leadership as of August 3, 2025.

The event highlights concerns over network security and economic stability, catalyzing fears about the sustainability of projects with sudden liquidity changes, affecting investor confidence in similar decentralized ecosystems.

Pi Network’s PI token has fallen by over 20% in a week, with increased token unlocks and reduced mining rates as contributing factors. Community confidence has waned, partly due to a lack of commentary from leadership.

“As of August 3, 2025, neither Dr. Kokkalis nor Dr. Fan has made public statements on their Twitter, Medium, or official Pi Network blog regarding the latest price drop or the unlocking event.”

Co-founders Dr. Nicolas Kokkalis and Dr. Chengdiao Fan have not addressed the recent price drop or token unlock events publicly. This leadership silence is further unsettling the community, who rely on consistent updates.

The PI token price decline mainly affects Pi Network, with a $0.34–$0.36 range from previous levels. There is no significant impact reported on major cryptocurrencies like Bitcoin or Ethereum.

Increased supply of over 19 million PI tokens and speculative activities have raised open interest in Pi Coin derivatives to $30 million. The community remains anxious about failed transactions and unmet utility development promises.

Historically, similar unlocks have led to price declines if not coupled with positive developments. Previous major unlocks in 2025 also resulted in similar downward price movements due to increased supply and lack of confidence.

Potential outcomes include continued price volatility and regulatory focus if market instability persists. While leadership silence remains, technological or regulatory responses might arise to stabilize the asset’s ecosystem in future events.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

The Largest BTC Theft in History: After 5 Years of Silence, the Involved Amount Reached $14.5 Billion

LuBian Pool was hacked in December 2020, with over 127,000 BTC stolen, valued at $3.5 billion at the time, now worth approximately $14.5 billion.

BlockBeats2025/08/04 06:52
The Largest BTC Theft in History: After 5 Years of Silence, the Involved Amount Reached $14.5 Billion