Is Pi Coin a Scam? 85% Crash—Is It the Next Libra Collapse?

Published:February 20, 2025 Updated: March 23, 2025
Author: Sara Sethiya
Is Pi Coin a Scam? 85% Crash—Is It the Next Libra Collapse?

Pi Coin Price Crash 85%: Is It Following Libra’s Path to Failure?

Pi Coin Latest Update: Is Pi Coin a Scam?

The crypto world is buzzing with the latest Pi Coin updates. With dramatic price swings and rumors of pump-and-dump schemes, many are questioning — is Pi Coin legit or just another crypto scam?

Pi Network IOU Price Volatility: What's Happening?

Pi Coin has been riding a rollercoaster of price changes. Here’s what’s happening:

  1. On MEXC, the Pi pre-market price hovers around $2.05.

  2. While LBank shows a shocking $28.578. 

  3. The current USDT price on TradingView dropped to $33.70 — a 41.66% decrease in just a week.

Such massive fluctuations in Pi Network IOU price volatility raise questions about market manipulation.

Pi Coin Pump-and-Dump Like Libra Coin & Car Coin?

  • Libra Meme Coin Argentina: Libra Coin made headlines when Argentina’s President, Javier Milei, hyped the $LIBRA token. The excitement didn’t last — the coin imploded within hours, wiping out $4.4 billion from the market. This triggered panic selling across the Solana ecosystem.

  • Car Memecoin Crash: The Central African Republic launched CAR Coin with a bang, reaching a $900 million market cap. Yet, as with many meme coins, the hype faded fast. The price plummeted from $0.90 to $0.30, leaving investors in shock.

Is Pi Coin heading down the same dangerous road as the Libra and Car Meme Coin?

Pi Coin Exchange Listings: What’s the Hold-Up?

A crucial factor in Pi Network’s future is its exchange listings:

  • Binance listing for Pi Coin remains pending, fueling Pi Coin Binance listing speculation.

  • Bybit has rejected the Pi Network listing, citing market volatility concerns.

  • OKX Exchange hasn’t provided clear updates on Pi Coin pre market price.

Without major listings, can Pi Coin achieve stability? Investors eagerly await a Pi Coin listing on Binance.

Pi Coin Price Predictions: Will It Drop to $1?

The Pi Coin price has fallen nearly 85% from it's all-time high. Currently, it trades below critical support levels. Analysts suggest that if bearish trends continue, Pi Crypto Value could dip to $1.

But will the upcoming Pi Mainnet Launch change its fate? Speculation about what will be Pi price after launch is rampant.

Pi Network Queries Amid Mainnet Launch Today

The Pi Network Launch Today might shift the market. But when exactly is the launch happening? Some of the top queries around pi coin launch today includes: 

  • 8 AM UTC to EST: 8 AM UTC converts to 3 AM EST.

  • Pi coin listing date and time in India?

  • Could the Pi Mainnet Launch stabilize prices?

  • What will be Pi price after launch?

  • Will we finally see a Pi Coin Binance listing?

As excitement builds around the Pi Coin Launch Today, traders are on high alert, hoping for positive momentum.

Is Pi Coin a Scam or the Future of Crypto?

Given the Pi Network IOU price volatility, many fear another pump-and-dump scheme. With cases like Libra Coin and CAR Coin fresh in memory, skepticism is high.

However, if Pi Coin secures solid exchange listings and completes a successful Mainnet launch, it might still prove its worth. The big question remains — is Pi a scam?

Also read: AI Companions (AIC): The Future of AI & Blockchain Evolution
Sara Sethiya
Sara Sethiya

Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.

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