{"id":174733,"date":"2026-06-04T10:57:18","date_gmt":"2026-06-04T10:57:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=174733"},"modified":"2026-06-04T10:57:18","modified_gmt":"2026-06-04T10:57:18","slug":"pi-networks-pi-hits-rock-bottom-quick-rebound-or-another-collapse-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=174733","title":{"rendered":"Pi Network\u2019s PI Hits Rock Bottom: Quick Rebound or Another Collapse Next?"},"content":{"rendered":"

The state of the entire cryptocurrency market has been in shambles in the past several days, but some assets have taken this correction harder than others.<\/p>\n

Pi Network\u2019s PI token is among the poorest performers, as it dumped to a fresh all-time low of under $0.12 on some exchanges. The question is: what\u2019s next?<\/p>\n

PI Tanks to New ATL<\/h2>\n

PI\u2019s previous all-time low came shortly after the early February market crash when BTC bottomed (for now) at $60,000. PI tanked to $0.1312 (CoinGecko data) but managed to rebound significantly in the following month. In fact, it soared to roughly $0.30 by March 13 (known as PiDay 2026) after a Kraken listing announcement.<\/p>\n

The subsequent correction, though, has been even more profound and painful<\/a>. PI quickly erased the mid-March gains and plunged below $0.20. It kept heading south and lost the $0.15 support<\/a> earlier this week. It almost felt inevitable given the overall market state, and PI dumped beneath the February lows earlier today.<\/p>\n

The chart below shows a quick wick to under $0.12, while CoinGecko shows that the new all-time low was at $0.1263. Despite the discrepancy, the reality is that PI marked a fresh low today as its market cap plummeted to under $1.260 billion. It\u2019s now down to the 58th spot on this metric, a long way from the near top-10 place it held shortly after its launch last February.<\/p>\n

<\/a>Pi Network (PI) Price on CoinGecko<\/p>\n

What\u2019s Next?<\/h2>\n

Many crypto commentators weighed in on the broader market\u2019s crash and PI\u2019s collapse. CryptoCoinPi, for instance, noted<\/a> that this significant decline is a reason to panic for some people. However, they believe PI\u2019s price is just a small portion of Pi Network\u2019s overall ecosystem, and what matters now is whether it could \u201cthrive\u201d under these conditions.<\/p>\n

Zerosignal added<\/a> that this crash could provide a solid opportunity to buy-the-dip and prepare for the next bull run that could drive PI north again. On the other hand, PiHotNews said the path toward the $0.10 mark is now open to become PI\u2019s new low. Nevertheless, they explained<\/a> that they still have \u201cabsolute faith\u201d in Pi Network despite the price crash.<\/p>\n

The post Pi Network\u2019s PI Hits Rock Bottom: Quick Rebound or Another Collapse Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The state of the entire cryptocurrency market has been in shambles in the past several days, but some assets have taken this correction harder than others. Pi Network\u2019s PI token is among the poorest performers, as it dumped to a fresh all-time low of under $0.12 on some exchanges. The question is: what\u2019s next? PI […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-174733","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/174733"}],"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=174733"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/174733\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=174733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=174733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=174733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}