TL;DR
Pi Network’s native token cannot catch a break as its price has tumbled once again in the past 24 hours to a record low of just over $0.5.
This latest decline came after a former PI proponent alleged the project to be a slow rug pull, while others have questioned the team’s viability.
PI Token Price. Source: CoinGecko
PI’s Latest Plunge
The first month and a half after PI’s official launch and ability to be traded are a perfect example of a typical ‘sell-the-news’ event in the cryptocurrency industry amid massive hype. Recall that the project actually started roughly seven years ago, and it was in development until February 20, 2025. Within this rather extensive time period, its community grew substantially even though it saw countless delays and controversial moves.
After PI went live, its price shot up from under $2 to $3 to mark a new all-time high. That was on February 26. Since then, it has been nothing short of a spectacular downfall. At press time, PI trades
We współpracy z: https://cryptopotato.com/pi-network-under-fire-pi-token-plummets-16-to-an-all-time-low/
