CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
Coin Edition 2025-03-19 03:30:00

Pi Network (PI) Price Crash: Token Unlock and Binance Uncertainty Weigh Heavy

Pi Network (PI) has crashed a whopping 19% in the past 24 hours, dropping to 17th position. A massive 129 million PI tokens, worth $140.61 million, will hit the market. Despite Binance’s community voting in favor of a PI listing, the CEX hasn’t made an announcement. Pi Network (PI) has seen its price take a significant hit, dropping 19% in the last day to trade around $1.09, according to the latest data from CoinMarketCap. This slide has also pushed Pi Network down the cryptocurrency rankings, from the 11th spot to 15th, as of writing. A key indicator of the market’s reaction is the massive 70% surge in trading volume, signaling a rush to sell. While there was considerable initial excitement surrounding Pi Coin, recent times have been tougher. The lack of major updates and key announcements seems to be adding to the pressure, leading to a more negative sentiment among investors. PI Token Unlock and Market Sentiment The primary driver behind this latest price drop appears to be the upcoming release of Pi tokens. We’re talking about roughly 129 million Pi Coins , which translates to a hefty $140 million hitting the open market. Historically,… The post Pi Network (PI) Price Crash: Token Unlock and Binance Uncertainty Weigh Heavy appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.