Pi Network Crash: The Digital Coin That Time Forgot

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Pi Network price slid to a record low of $0.1450 on January 31, while the rest of the crypto market performed the most elaborate faint and demand evaporated faster than a magician’s rabbit in a hurry.

  • Pi Network plummeted to a new record low on Monday, because timing is everything, especially bad timing.
  • The descent began as Bitcoin and friends filed a swan-shaped landing into the red.
  • Technical analysis hints that the story might not have the happy ending a hopeful nerd imagined.

Pi Coin (PI) slipped to about $0.140, a smidge below its velvet-gloved predecessor low of $0.1545. From its peak of $2.98-reached after the mainnet burst into existence like a brass band at a quiet library-it’s shed over 93% of its glittering charm.

The prime suspect is sentiment, which decided to take early retirement from the market. Bitcoin and its various alts wore red like a bad tie, and the total cap of tokens slumped by more than 6% in a single 24-hour coffee break.

The decline took place amid geopolitical jitters-yes, the same kind you get when a reality TV star starts handing out warnings about foreign talks. Trump’s bluster about Iran pushed odds of conflict higher on prediction markets. If the tantrum comes true, expect more volatility, hotter oil, and inflation to keep you company at the global party.

Volume rose like a caffeinated dragon-slayer: CoinMarketCap records show Monday’s turnover at $28 million, up from $7 million the day before. That surge isn’t a festive parade; it’s a mass capitulation and a dump, with wallets politely emptying themselves of Pi like guests at a botched banquet.

The selling frenzy coincides with the ongoing token unlocks. In February, over 133 million Pi tokens unlock, and a staggering 1.3 billion are slated to unlock over the next year. When tokens unlock, supply tends to balloon like a guild of inflating bags-an unwelcome guest at the party called “more supply”.

Investors, ever stoic, have met these updates with a mild shrug. The new approach to KYC verification aims to shepherd most pioneers toward the mainnet, as if herding excitable cats into a gondola with reasonable urgency.

Pi Network price technical analysis

On the daily chart, Pi tumbled to its record low on Monday after forming a rising wedge-two lines climbing toward each other like two bibliophiles reaching for the same rare edition, with less enthusiasm each time. A rising wedge is a well-known harbinger of bearish mischief.

The token also carved a double-top at $0.2816, its peak from October and November of last year, which is a fancy way of saying it tried to sneeze twice and produced less fanfare each time. It sits well below the 50- and 100-day moving averages, which are the market’s overbearing parents: “Stay within your margins, child.”

Hence, the coin looks set to drift downward, lacking any shiny bullish spark to light its way. A break below the old all-time low of $0.1523 could open the gates to further gloom, perhaps as low as $0.10, where even the pockets speak softly.

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2026-02-01 11:12