Pi Network Price Today 5/17/2025
Pi price on OKX exchange on May 17, 2025 is fluctuating around the price from 0.849 USD to 0.937 USD (equivalent to 22,010 VND to 24,290 VND. Thus, at the time of writing, Pi price on OKX exchange increased by 3.5% compared to yesterday, reaching 23,680 VND
Pi Coin is facing strong bearish pressure as the price approaches the important support level of $0.85. If this level is broken, especially below $0.80, the price could continue to plummet to $0.70 or lower.
The reasons come from low trading volume, negative market sentiment and delays in completing the official platform.
The $0.85 level is now the decisive boundary. If the price holds this area, the recovery is still possible. But if it loses the level, the downtrend will easily continue.
During the day, total market liquidity also reached just over 1 billion USD, down more than 50% compared to the previous session, showing a clear cash flow withdrawal.
Pi is facing a huge sell-off, putting pressure on the price to drop.
The selling pressure increased as Pi Coin often repeats a familiar pattern: a slight increase before important events due to community expectations, followed by strong profit-taking as soon as the information is announced, causing the price to plummet.
This phenomenon reflects short-term investment psychology and may be a sign of a “pump and dump” model.
On the other hand, Pi's price drop also partly shows that information from the development team is not attracting the community. Recent updates mainly focus on building the ecosystem and announcing investment funds to support businesses, but are not really related to Pi's trading value on the exchange.
Notably, amid rumors that Pi is about to be listed on a major exchange, Binance has made a move that has sparked a stir in the community. On social network X, Binance's official account posted an image containing Pi's mathematical symbol with a sarcastic caption that the developers "have no sense of design."
Although Pi was not mentioned by name, many people thought this was a direct reference, sparking debate about whether it was a positive signal or a negative warning.
Source: https://baonghean.vn/gia-pi-network-hom-nay-17-5-2025-tang-nhe-dau-hieu-cua-mo-hinh-pump-and-dump-10297461.html
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