Pi Network\u2019s bulls suffered yet another setback as the token\u2019s price plummeted to a new record low, further dampening market sentiment.<\/p>\n
Additionally, some key indicators suggest the downturn could deepen in the short term.<\/p>\n
Just hours ago, Pi Network\u2019s PI tumbled to $0.17, which is the lowest level recorded since the token began trading in February last year. Its market capitalization fell under $1.5 billion, making it the 75th-largest cryptocurrency.<\/p>\n
<\/a>PI Price, Source: CoinGecko<\/p>\n The latest move to the south could be partially driven by the broader market\u2019s bearish environment, where Bitcoin (BTC) slipped<\/a> below $88,000, and Ethereum (ETH) briefly plunged to $2,780.<\/p>\n Some important factors hint that PI\u2019s price has yet to chart fresh lows. Data shows that almost 150 million coins are expected to be unlocked in the next 30 days, a development that could increase selling pressure, as it will give investors the opportunity to offload assets they have been waiting for a long time.<\/p>\n The average token unlocks are just south of 5 million, which is far more aggressive than those in the previous weeks and months. The record day will be February 7, when approximately 6.1 million tokens will be freed up.<\/p>\n While PI\u2019s price performance over the past several months indeed seems depressing, some X users remain optimistic about the project. Kosasi Nakomoto recently noted<\/a> that the asset\u2019s \u201cearn while you wait\u201d model looks \u201cchildish\u201d to many crypto natives, but predicted that in a couple of years, most people in emerging markets will probably have a Pi wallet.<\/p>\n Meanwhile, PI\u2019s Relative Strength Index (RSI) suggests that the worst might be over and could be time for a short-term rebound. The metric ranges from 0 to 100 and shows whether the asset is overbought or oversold. Ratios below 30 indicate the valuation has slipped too much in a short period and might be due for a rally, while anything above 70 is considered bearish territory.<\/p>\n Recently, the RSI fell below 30 and has since increased to 38.<\/p>\n <\/a>PI RSI, Source: RSI Hunter<\/p>\n The post Pi Network (PI) Collapses to a New All-Time Low: More Pain Ahead?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Pi Network\u2019s bulls suffered yet another setback as the token\u2019s price plummeted to a new record low, further dampening market sentiment. Additionally, some key indicators suggest the downturn could deepen in the short term. Finding a New Bottom Just hours ago, Pi Network\u2019s PI tumbled to $0.17, which is the lowest level recorded since the […]<\/p>\n","protected":false},"author":0,"featured_media":129949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-129948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129948"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129948"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/129949"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Huge Adoption on the Way?<\/h2>\n
![<\/a>PI Price, Source: CoinGecko<\/p>\nThe latest move to the south could be partially driven by the broader market\u2019s bearish environment, where Bitcoin (BTC) slipped<\/a> below $88,000, and Ethereum (ETH) briefly plunged to $2,780.<\/p>\nSome important factors hint that PI\u2019s price has yet to chart fresh lows. Data shows that almost 150 million coins are expected to be unlocked in the next 30 days, a development that could increase selling pressure, as it will give investors the opportunity to offload assets they have been waiting for a long time.<\/p>\nThe average token unlocks are just south of 5 million, which is far more aggressive than those in the previous weeks and months. The record day will be February 7, when approximately 6.1 million tokens will be freed up.<\/p>\nHuge Adoption on the Way?<\/h2>\nWhile PI\u2019s price performance over the past several months indeed seems depressing, some X users remain optimistic about the project. Kosasi Nakomoto recently noted<\/a> that the asset\u2019s \u201cearn while you wait\u201d model looks \u201cchildish\u201d to many crypto natives, but predicted that in a couple of years, most people in emerging markets will probably have a Pi wallet.<\/p>\nMeanwhile, PI\u2019s Relative Strength Index (RSI) suggests that the worst might be over and could be time for a short-term rebound. The metric ranges from 0 to 100 and shows whether the asset is overbought or oversold. Ratios below 30 indicate the valuation has slipped too much in a short period and might be due for a rally, while anything above 70 is considered bearish territory.<\/p>\nRecently, the RSI fell below 30 and has since increased to 38.<\/p>\n<\/a>PI RSI, Source: RSI Hunter<\/p>\nThe post Pi Network (PI) Collapses to a New All-Time Low: More Pain Ahead?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Pi Network\u2019s bulls suffered yet another setback as the token\u2019s price plummeted to a new record low, further dampening market sentiment. Additionally, some key indicators suggest the downturn could deepen in the short term. Finding a New Bottom Just hours ago, Pi Network\u2019s PI tumbled to $0.17, which is the lowest level recorded since the […]<\/p>\n","protected":false},"author":0,"featured_media":129949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-129948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129948"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129948"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/129949"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/01\/PI-Price-2.png\"){kind=link}
![<\/a>PI RSI, Source: RSI Hunter<\/p>\nThe post Pi Network (PI) Collapses to a New All-Time Low: More Pain Ahead?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Pi Network\u2019s bulls suffered yet another setback as the token\u2019s price plummeted to a new record low, further dampening market sentiment. Additionally, some key indicators suggest the downturn could deepen in the short term. Finding a New Bottom Just hours ago, Pi Network\u2019s PI tumbled to $0.17, which is the lowest level recorded since the […]<\/p>\n","protected":false},"author":0,"featured_media":129949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-129948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129948"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129948"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/129949"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/01\/PI-RSI.png\"){kind=link}