Why Pi Coin Crashed Today: Will $PI Value Increase and Hit $1000?

Why Pi Network Crashed: Reasons Behind Price Drop & Future Prediction

Pi Coin, once a highly anticipated cryptocurrency, has faced a sharp downturn. As of now, Pi current price is $0.6593, marking a significant 58.84% drop in just one day. The coin's all-time high (ATH) of $2.10, reached on February 20, 2025, now feels like a distant memory, especially considering its all-time low (ATL) of $0.6152, recorded only 15 hours after listing.

Source: CoinMarketCap

Why Pi Coin Crashed? Reasons Behind the $PI Coin Crash

Several key elements have contributed to the ongoing Pi coin crash:

Early Miners Cashing Out

One of the biggest reasons why Pi Coin price dropped is due to early miners liquidating their holdings. After years of mobile-based mining, these early adopters are now taking profits as Pi becomes tradable on major exchanges like OKX, Gate.io, and Bitget.

“Trading in Pi is disappointing as pioneers keep selling and buy orders are small… However, this can also be looked at as positive, as sellers exhaust, and buyers jump in, price should go back up again,” said digital currency analyst Kim H Wong.

Missing Binance Exchange Listing

Another major factor in why Pi Coin is falling is the lack of a listing on Binance, the world’s largest crypto exchange. Why Pi Coin is not listed in Binance remains a burning question, as a Binance listing could bring significant liquidity and market visibility. Although Binance recently polled users about listing Pi, no official move has been made yet.

Bybit’s Scam Allegations

Adding fuel to the fire, Bybit CEO Ben Zhou has labeled Pi Network crypto as a scam. He cited past warnings about Pi targeting vulnerable groups and misusing data. Zhou confirmed that Bybit has no intentions of listing Pi Coin, which has further hurt market sentiment.

Source: X

Airdrop Sell-Off Trend

Like many other cryptocurrencies distributed via airdrops like Catizen, X Empire and CATS, Pi Coin has fallen into a typical pattern—sharp price declines post-launch. With millions of tokens flooding the market, many users are selling quickly for short-term gains, leading to a Pi coin crash.

$PI Coin Price Prediction: Will Pi Coin Rise Again?

Despite the downturn, there is still hope for Pi Coin. Analysts believe that a Binance listing could be a game-changer. The ongoing community poll by Binance, set to conclude on February 27, 2025, could influence whether the coin finally gets listed.

Pi coin price prediction varies widely:

• Pi coin price prediction 2025: If Binance lists Pi Coin, it could surge up to $200.

• Pi coin price prediction 2030: With mainstream adoption and real-world use cases, experts suggest Pi Coin could hit $500.

• Pi coin price prediction 2040: The Pi coin value in 2040 could reach $1000, provided it becomes widely accepted in transactions.

• Pi coin price prediction 2050: Long-term predictions are even more optimistic, suggesting the value of Pi crypto could soar to $5000.

But Will Pi Coin value increase? That depends on future adoption and whether businesses start accepting Pi Network crypto as payment.

Conclusion

The steep decline raises many questions like why is Pi Coin dropping and Why Pi Coin crashed, but it’s clear that factors such as early miners cashing out, lack of Binance listing, scam allegations, and typical airdrop sell-offs have all played a role.

The future remains uncertain, but one thing is sure: investors and the crypto community will closely watch whether Pi can recover and perhaps even answer the lingering question—Can Pi Coin reach $100 or even Will Pi Coin reach $1000?