{"id":56062,"date":"2025-04-01T16:16:43","date_gmt":"2025-04-01T16:16:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=56062"},"modified":"2025-04-01T16:16:43","modified_gmt":"2025-04-01T16:16:43","slug":"why-is-pi-networks-pi-falling-while-the-entire-market-rallies","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=56062","title":{"rendered":"Why Is Pi Network\u2019s PI Falling While the Entire Market Rallies?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

The broader crypto market has posted impressive gains over the past 24 hours, led by bitcoin\u2019s surge past $85,000.
\nHowever, PI continues to disappoint even in such more positive times, as its price is close to breaking below $0.7 after another minor daily decline.<\/p>\n

<\/a>PI Token Price. Source: CoinGecko<\/p>\n

As the graph above demonstrates, it has been nothing short but a volatile downfall<\/a> for PI, which was released to the public and for global trading just over a month ago. The asset peaked in late February, but has dumped by more than 75% since the $3 all-time high.<\/p>\n

Despite some promising developments<\/a> on the Pi Network front, such as verification process updates<\/a>, the native cryptocurrency has failed to recapture its momentum and is down by 3.5% in the past day.<\/p>\n

This is particularly disappointing given the fact that almost all other crypto assets have marked gains within the same period. Bitcoin surpassed $85,000 for the first time since Friday, ETH is above $1,900, while DOGE and ADA have jumped by over 4% daily.<\/p>\n

Nevertheless, Pi Network\u2019s community, which has grown exponentially in the past several years when the project was still under development, remains bullish despite the negative price performance as of late.<\/p>\n

Numerous X users predicted<\/a> that its price could bounce-off the current $0.7 support and head toward $2 once \u201cthe market volume returns.\u201d MOON JEFF was even more bullish for PI\u2019s short-term price movements, indicating that it could go to $2.73 by the end of the month.<\/p>\n

The post Why Is Pi Network\u2019s PI Falling While the Entire Market Rallies?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR The broader crypto market has posted impressive gains over the past 24 hours, led by bitcoin\u2019s surge past $85,000. However, PI continues to disappoint even in such more positive times, as its price is close to breaking below $0.7 after another minor daily decline. PI Token Price. Source: CoinGecko As the graph above demonstrates, […]<\/p>\n","protected":false},"author":0,"featured_media":56063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56062","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\/56062"}],"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=56062"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56063"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}