Will Pi Network Bounce Back From a 25% Crash? Binance to the Rescue?

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Ah, Pi Network (PI), always keeping us on the edge of our seats. Today, we witnessed a dramatic 25% plunge, with the token sinking to the dismal depths of $1.10. This abrupt drop followed a spectacular rise, mind you — the price had recently shot up to $1.29, and in some magical corners of the crypto world, even touched $1.40. But as the saying goes, what goes up must come crashing down, and oh, did it crash!

The timing? Simply perfect! The recent dip coincided with an 8 million PI token unlock, which flooded the market like an overzealous sale at a discount store, pushing the price even lower. And it gets better — brace yourself, because on May 15, another 13 million tokens will be unleashed upon the unsuspecting public. Talk about a party pooper for those hoping for a price rally.

Just yesterday, Pi Network was the talk of the town, with trading volume going through the roof — around $1.9 billion in just 24 hours. You could almost hear the collective excitement of traders as PI’s price surged more than 100%. But of course, this was all thanks to major players pulling some heavy strings, including a rather eye-catching transaction of 90 million PI tokens. Retail traders were buzzing, thinking they’d just caught lightning in a bottle… if only for a moment.

What’s Next For Pi Coin Price?

But wait, there’s hope (or at least some rumors). Whispers of a possible Binance listing are floating around, alongside the rather ominous anticipation for an announcement from the Pi Core Team, expected on May 14. Is this the moment that will change everything? Who knows, but there’s also a chance Pi could slip further — down to $0.80, or even $0.60, if the Pi team doesn’t bring out the big guns on May 14.

Despite this little bump in the road, some traders remain optimistic. There are those who believe Pi is still in its ‘price discovery’ phase — which is just a fancy way of saying, “we’re all guessing here!” It’s normal, they say, for cryptos to wobble before they find their footing. So, while setbacks in the crypto world are as common as a hangover after a night of excessive partying, some still believe Pi could pull a miraculous recovery — possibly before your coffee gets cold tomorrow.

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2025-05-13 10:50