The post Pi Network Price Crashes 60% – Is the Crypto Project Doomed? appeared first on Coinpedia Fintech News
Pi Network (PI), one of the most talked-about cryptocurrencies, has taken a sharp dive, leaving investors on edge. Once trading at $3, the token has now plunged below $0.90, wiping out nearly 60% of its value. This sudden drop has shaken confidence in the project and raised serious questions about its future.
This dramatic fall has raised questions about the project’s future. The situation became even more alarming after Cyber Capital founder Justin Bons called it a potential scam.
1/9) WARNING: PI is a straight-up scam! ⚠️
Offering an "MLM" based "mining" scheme on mobile is a gimmick, as it does not contribute to consensus!
PI is fully permissioned (centralized) & everything requires KYC, even simple TX's!
PI is an investment scam; it is that bad: 🧵
— Justin Bons (@Justin_Bons) March 19, 2025
With accusations of a potential scam and key technical indicators flashing warning signs, investors are left wondering – can Pi Network recover, or is this the beginning of the end?
Why Is Pi Network Dropping?
The sudden drop in Pi Network’s price has sparked intense debate among traders. Some believe the project lacks transparency, while others see this as just another phase of market fluctuation.
However, technical indicators suggest the downward trend is still strong. One key metric, the Bollinger Band Trend (BBTrend), has fallen to -40, its lowest level ever. This indicates that sellers are still dominating the market.
When BBTrend stays negative for an extended period, it often suggests that prices will keep falling unless buyers step in to reverse the trend.
Oversold or More Downside Ahead? Key Indicators to Watch
Another crucial indicator, the Relative Strength Index (RSI), recently dropped to 17.5, meaning the coin was extremely oversold. It has since recovered to 45, but this is still considered bearish. If the RSI fails to move higher, selling pressure could continue, pushing the price even lower.
Pi Network has now fallen below $1 for the first time since February 22. If the decline continues, the next key support levels to watch are $0.80 and $0.60. If these levels break, it could signal even more weakness ahead.
.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}
.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}
.entry ul.article-inside-link li:last-child {
display: none;
}
- Also Read :
- Pi Coin Price Prediction: Binance Eager To List Pi Network, Is $3 Incoming?
- ,
Can Pi Network Recover? What Needs to Happen
Despite the current bearish trend, a recovery is still possible if buyers regain confidence. The first key resistance level is at $1.25. If the price moves past this, it could rise toward $1.80, which would offer some relief to investors.
For now, Pi Network remains in a risky position. With concerns over its credibility and overall market uncertainty, the coming days will be critical in determining whether the token can bounce back or continue its decline.
Guess we’ll all be watching the charts closely, wondering if Pi’s got a comeback story in it, or if this is just the way the coin crumbles.
.article_register_shortcode {
padding: 18px 24px;
border-radius: 8px;
display: flex;
align-items: center;
margin: 6px 0 22px;
border: 1px solid #0052CC4D;
background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%);
}
.article_register_shortcode .media-body h5 {
color: #000000;
font-weight: 600;
font-size: 20px;
line-height: 22px;
text-align:left;
}
.article_register_shortcode .media-body h5 span {
color: #0052CC;
}
.article_register_shortcode .media-body p {
font-weight: 400;
font-size: 14px;
line-height: 22px;
color: #171717B2;
margin-top: 4px;
text-align:left;
}
.article_register_shortcode .media-body{
padding-right: 14px;
}
.article_register_shortcode .media-button a {
float: right;
}
.article_register_shortcode .primary-button img{
vertical-align: middle;
width: 20px;
margin: 0;
display: inline-block;
}
@media (min-width: 581px) and (max-width: 991px) {
.article_register_shortcode .media-body p {
margin-bottom: 0;
}
}
@media (max-width: 580px) {
.article_register_shortcode {
display: block;
padding: 20px;
}
.article_register_shortcode img {
max-width: 50px;
}
.article_register_shortcode .media-body h5 {
font-size: 16px;
}
.article_register_shortcode .media-body {
margin-left: 0px;
}
.article_register_shortcode .media-body p {
font-size: 13px;
line-height: 20px;
margin-top: 6px;
margin-bottom: 14px;
}
.article_register_shortcode .media-button a {
float: unset;
}
.article_register_shortcode .secondary-button {
margin-bottom: 0;
}
}
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
.subscription-options li {
display: none;
}
.research-report-subscribe{
background-color: #0052CC;
padding: 12px 20px;
border-radius: 8px;
color: #fff;
font-weight: 500;
font-size: 14px;
width: 96%;
}
.research-report-subscribe img{
vertical-align: sub;
margin-right: 2px;
}
var templateIds = “6”;
var listOfSubscribed = [];
function subscribed_popupmodal(template_id) {
var templateId = ‘6’;
getAllSubscriberCategoryList([templateId]);
var subcribemodal = window.parent.document.getElementById(‘subscribe-modal-design’);
if (subcribemodal) {
var modalContent = `
Never Miss a Beat in the Crypto World!
Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now
`;
subcribemodal.innerHTML = modalContent;
}
subscribe_unsubscribe_status(template_id);
//getAllSubscriberCategoryList(template_id);
}
function toggleSubscription(subscription, template_id) {
var subscriptionCheckbox = document.getElementById(subscription + ‘_’ + template_id);
var li = document.getElementById(subscription + ‘Selected_’ + template_id);
if (subscriptionCheckbox.checked) {
li.classList.add(‘active’);
} else {
li.classList.remove(‘active’);
}
}
function getAllSubscriberCategoryList(getcategoryId) {
jQuery.ajax({
url: ‘https://coinpedia.org/wp-admin/admin-ajax.php’,
type: ‘GET’,
data: {
action: ‘subscribe_api_ajax_request’,
apiurl: ‘/app/email_newsletter/list’,
},
success: function(response) {
var result = JSON.parse(response.message);
if (result.status === true) {
var idstosubscribed = []
// Populate listOfSubscribed with subscribed category IDs
result.message.forEach(listofcategory => {
if (listofcategory.subscribe_status === 1) {
if (!listOfSubscribed.includes(listofcategory._id)) {
listOfSubscribed.push(listofcategory._id);
}
if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) {
idstosubscribed.push(listofcategory.news_cp_category_row_id);
}
}
});
idstosubscribed.forEach(id => {
var subscribeButton = document.getElementById(‘subscribe_’ + id);
var unsubscribeButton = document.getElementById(‘unsubscribe_’ + id);
if (subscribeButton && unsubscribeButton) {
subscribeButton.style.display = ‘none’;
unsubscribeButton.style.display = ‘block’;
var showDownloadReport = document.getElementById(‘download_report’);
if (showDownloadReport) {
showDownloadReport.style.display = ‘block’;
}
}
});
}
},
error: function(xhr, status, error) {
console.error(‘Error:’, error);
}
});
}
function subscribe_unsubscribe_status(getcategoryId) {
var elementTounsubscribe = parent.document.getElementById(‘unsubscribe_’ + getcategoryId);
var elementTosubscribe = parent.document.getElementById(‘subscribe_’ + getcategoryId);
jQuery.ajax({
url: ‘https://coinpedia.org/wp-admin/admin-ajax.php’,
type: ‘POST’,
data: {
action: ‘subscribe_api_ajax_request’,
apiurl: ‘/app/email_newsletter/list?category_row_id=’ + getcategoryId,
},
success: function(response) {
var result = JSON.parse(response.message);
if (result.status === true) {
parent.jQuery(‘.skeliton-loader-block’).hide();
var hasSubscribeStatusOne = false;
result.message.forEach(subscribeStatus => {
if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) {
hasSubscribeStatusOne = true;
}
if (subscribeStatus.notification_type === 3) {
parent.document.getElementById(‘monthlySelected_’ + getcategoryId).style.display = ‘block’;
parent.document.getElementById(‘monthly_’ + getcategoryId).setAttribute(‘data-id’, subscribeStatus._id);
if (subscribeStatus.subscribe_status === 1) {
parent.document.getElementById(‘monthly_’ + getcategoryId).checked = true;
}
} else if (subscribeStatus.notification_type === 2) {
parent.document.getElementById(‘weeklySelected_’ + getcategoryId).style.display = ‘block’;
parent.document.getElementById(‘weekly_’ + getcategoryId).setAttribute(‘data-id’, subscribeStatus._id);
if (subscribeStatus.subscribe_status === 1) {
parent.document.getElementById(‘weekly_’ + getcategoryId).checked = true;
}
} else if (subscribeStatus.notification_type === 1) {
parent.document.getElementById(‘dailySelected_’ + getcategoryId).style.display = ‘block’;
parent.document.getElementById(‘daily_’ + getcategoryId).setAttribute(‘data-id’, subscribeStatus._id);
if (subscribeStatus.subscribe_status === 1) {
parent.document.getElementById(‘daily_’ + getcategoryId).checked = true;
}
}
if (subscribeStatus.subscribe_status === 1) {
listOfSubscribed.push(subscribeStatus._id);
}
});
if (hasSubscribeStatusOne) {
elementTosubscribe.style.display = ‘none’;
elementTounsubscribe.style.display = ‘block’;
} else {
elementTosubscribe.style.display = ‘block’;
elementTounsubscribe.style.display = ‘none’;
}
}
},
error: function(xhr, status, error) {
console.error(‘Error:’, error);
}
});
}
function logSelectedSubscriptions(categoryid) {
var unsubscribemodal = document.querySelector(‘.unsubscribed-popup-modal .modal’);
var subscribedmodal = document.querySelector(‘.subscribed-popup-modal .modal’);
unsubscribemodal.innerHTML=”;
subscribedmodal.innerHTML=”;
var selectedSubscriptions = [];
var storeCheckedId = [];
var checkboxes = document.querySelectorAll(‘#subscription-options-‘ + categoryid + ‘ input[type=”checkbox”]’);
var errorMessage = document.getElementById(‘error-message-select’);
// Use a Set to handle unique data-ids
var uniqueSubscribedIds = new Set(listOfSubscribed);
checkboxes.forEach(function(checkbox) {
var dataId = parseInt(checkbox.getAttribute(‘data-id’));
if (checkbox.checked) {
selectedSubscriptions.push(checkbox.id);
storeCheckedId.push(dataId);
} else {
uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id
}
});
// Update listOfSubscribed with unique values
listOfSubscribed = Array.from(uniqueSubscribedIds);
var selectedSubscriptionsString = selectedSubscriptions.join(‘, ‘);
var concatinateSubscribeId = […new Set(storeCheckedId.concat(listOfSubscribed))];
var categoryData = {
‘subscribed_categories’: concatinateSubscribeId
};
var requestSubscriberData = {
action: ‘handle_dynamic_api_request_with_headers’,
security: ‘2ef249cedb’,
endpoint: ‘/app/email_newsletter/update_categories’,
token: ”,
data: categoryData
};
jQuery.ajax({
url: ‘https://coinpedia.org/wp-admin/admin-ajax.php’,
type: ‘POST’,
data: requestSubscriberData,
beforeSend: function(xhr) {
xhr.setRequestHeader(‘X-Requested-With’, ‘XMLHttpRequest’);
},
success: function(response) {
try {
response = response.data;
if (storeCheckedId.length === 0) {
var unsubcribedPopUpmodal =
`

You’ve Unsubscribed Successfully
We’re sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community!
`;
unsubscribemodal.innerHTML = unsubcribedPopUpmodal;
document.querySelector(‘#subscribe-modal-design .modal’).style.display = ‘none’;
unsubscribemodal.style.display = ‘block’;
unsubscribemodal.classList.remove(‘hide’);
unsubscribemodal.classList.add(‘show’);
document.getElementById(‘subscribe_’ + categoryid).style.display = ‘block’;
document.getElementById(‘unsubscribe_’ + categoryid).style.display = ‘none’;
var showDownloadReport = document.getElementById(‘download_report’);
if (showDownloadReport) {
showDownloadReport.style.display = ‘none’;
}
} else {
var subscribedPopupModal =
`

Thank you for subscribing!
Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community!
`;
let selectedSubscriptionsArray = selectedSubscriptionsString.split(‘,’);
let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split(‘_’)[0]);
let subscribedCategoriesString = subscribedCategories.join(‘, ‘);
subscribedmodal.innerHTML = subscribedPopupModal;
if (document.getElementById(‘selectidname’)) {
document.getElementById(‘selectidname’).textContent = subscribedCategoriesString;
}
document.querySelector(‘#subscribe-modal-design .modal’).style.display = ‘none’;
subscribedmodal.style.display = ‘block’;
subscribedmodal.classList.remove(‘hide’);
subscribedmodal.classList.add(‘show’);
document.getElementById(‘subscribe_’ + categoryid).style.display = ‘none’;
document.getElementById(‘unsubscribe_’ + categoryid).style.display = ‘block’;
var showDownloadReport = document.getElementById(‘download_report’);
if (showDownloadReport) {
showDownloadReport.style.display = ‘block’;
}
}
} catch (e) {
console.error(‘Error parsing response:’, e);
}
},
});
}
function closeModal(template_id) {
var modalId = template_id;
var modal = document.querySelector(‘#’ + modalId); // Using querySelector to find the modal
if (modal) {
modal.classList.add(‘hide’);
modal.classList.remove(‘show’);
setTimeout(function() {
modal.style.display = ‘none’;
}, 500);
} else {
console.warn(‘Modal not found:’, modalId);
}
}
function closeunsubscribemodal() {
var unsubscribemodal = document.querySelector(‘.unsubscribed-popup-modal .modal’);
if (unsubscribemodal) {
unsubscribemodal.classList.add(‘hide’);
unsubscribemodal.classList.remove(‘show’);
}
setTimeout(function() {
unsubscribemodal.style.display = ‘none’;
}, 500);
}
function closesubscribemodal() {
var subscribedmodal = document.querySelector(‘.subscribed-popup-modal .modal’);
setTimeout(function() {
subscribedmodal.style.display = ‘none’;
}, 500);
if (subscribedmodal) {
subscribedmodal.classList.add(‘hide’);
subscribedmodal.classList.remove(‘show’);
}
}
function withoutLoginClicked(withoutlogin_id) {
localStorage.setItem(‘subscribe_without_Login’, ‘true’);
localStorage.setItem(‘subscribe_clicked_id’, withoutlogin_id);
}
document.addEventListener(‘DOMContentLoaded’, function() {
const subscribewithoutData = localStorage.getItem(‘subscribe_without_Login’);
const subscribe_clicked_cat_id = localStorage.getItem(‘subscribe_clicked_id’);
// Function to get cookies
function getCookie(name) {
let value = “; ” + document.cookie;
let parts = value.split(“; ” + name + “=”);
if (parts.length == 2) return parts.pop().split(“;”).shift();
}
// Get user token from cookies
const userToken = getCookie(‘user_token’);
if (subscribewithoutData === ‘true’ && userToken) {
// Call the modal function with the category ID
subscribed_popupmodal(subscribe_clicked_cat_id);
// Remove the flag and category ID from localStorage
localStorage.removeItem(‘subscribe_without_Login’);
localStorage.removeItem(‘subscribe_clicked_id’);
}
});
/************************** update susbcriber content **************************** */
function initializeSubscriptionButton() {
var initialListItems = document.querySelectorAll(‘.subscription-options input[type=”checkbox”]’);
initialListItems.forEach(function(item) {
console.log(item.checked, ‘Initial Checkbox checked status’);
});
var listItems = document.querySelectorAll(‘.subscription-options li’);
if (listItems.length === 0) return;
var anyActive = false;
listItems.forEach(function(item) {
var checkbox = item.querySelector(‘input[type=”checkbox”]’);
if (checkbox) {
if (checkbox.checked) {
item.classList.add(‘active’);
anyActive = true; // Set anyActive to true
} else {
item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked
}
}
});
}
function updateButtonText(anyActive) {
var subscribeButtonSpan = document.querySelector(‘.subscribe-submit .changeBtnText’);
if (subscribeButtonSpan) {
if (anyActive) {
subscribeButtonSpan.textContent=”Subscribe Now”;
} else {
subscribeButtonSpan.textContent=”Unsubscribe”;
}
}
}
function updateSubscriptionButton() {
var listItems = document.querySelectorAll(‘.subscription-options li’);
if (listItems.length === 0) return;
var anyActive = false;
listItems.forEach(function(item) {
var checkbox = item.querySelector(‘input[type=”checkbox”]’);
if (checkbox) {
if (checkbox.checked) {
item.classList.add(‘active’);
anyActive = true; // Set anyActive to true
} else {
item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked
}
}
});
// Update the button text based on whether any list item has the ‘active’ class
updateButtonText(anyActive);
}
document.addEventListener(‘click’, function(event) {
var clickedItem = event.target.closest(‘.subscription-options li’);
if (clickedItem) {
var checkbox = clickedItem.querySelector(‘input[type=”checkbox”]’);
if (checkbox) {
checkbox.checked = !checkbox.checked;
updateSubscriptionButton();
}
}
});
FAQs
Pi Coin is nearing $1, but resistance at $1.20 remains. A breakout could push it to $1.35, with analysts eyeing a potential rally to $3.
If the bullish sentiment sustains, this altcoin could reach as high as $80 this year.
Pi Network received 88% community support in Binance’s new voting model. If Binance follows its listing process, Pi Network could be listed soon.
Kaynak : CoinPedia