US EditionPi Network Price Rollercoaster Continues as PI Dumps by 35% in Hours
- Pi Network's native token crashed over 35% within hours on May 13-14, 2025, after reaching highs above $1.70 across major exchanges.
- The plunge followed a period of strong rally driven by large token movements and an 8 million PI token unlock, causing fresh selling pressure in the market.
- Trading volume surged to nearly $1.9 billion, with notable transactions including 90 million PI tokens shifting wallets and growing anticipation for a Pi Core Team announcement on May 14.
- Pi Network’s market capitalization has surpassed $10.6 billion, surpassing Litecoin and Bitcoin Cash, and climbing to 14th place on CoinMarketCap. Analysts suggest that if the upcoming May 14 announcement reveals significant progress, the price could reach the $2 mark.
- The crash reflects ongoing price discovery volatility and highlights the market's sensitivity to token unlocks and team updates, suggesting further fluctuations until Pi Network's roadmap becomes clearer.
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11 Articles
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Pi Network Price Rollercoaster Continues as PI Dumps by 35% in Hours
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