Pi Network Price Today 4/4/2025: Is the End Coming for Pi Coin?

Pi Network Price Today 4/4/2025

Pi price on OKX exchange on April 4, 2025 is fluctuating around the price from 0.5546 USD to 0.6966 USD (equivalent to 14,310 VND to 17,860 VND. Thus, at the time of writing, Pi price on OKX exchange decreased by 18.2% compared to yesterday, reaching 14,340 VND

Bitget Wallet has just confirmed that after Pi Network completed its mainnet migration, there was a strong sell-off from token holders.

COO Alvin Kan said the rapid token unlocking is creating inflationary concerns, leaving the market concerned about whether demand can keep up with the pace of issuance.

He said the downtrend could continue if fundamentals do not improve.

Pi Network Price Today 4/4/2025: Is the End Coming for Pi Coin?

Is the end coming for Pi coin when the price has dropped by 68%?

On-chain data shows that accumulation is weak, while selling pressure remains dominant. This is clearly reflected in Pi’s daily trading volume, which is now just $205 million – down 86% from its peak of $1.38 billion in early March. This decline suggests that the market is losing interest in the coin.

Pi's market capitalization has also dropped sharply, from nearly $20 billion to about $4.56 billion. According to expert Alex Obchakevich, the main reason is that the token unlocking is too much and far exceeds market demand.

To date, 4.9 billion tokens have been issued, with an additional 1.54 billion expected to be issued next year. He believes that further price declines are inevitable if the issuance rate is not controlled.

In addition to the price drop, Pi Network is also having major problems with the KYC system. The requirement for identity verification to transfer tokens to the mainnet has become an obstacle for most users.

Of the 60 million people who have mined Pi, only 14 million have been able to complete the swap. Many have spoken out about failed transactions and lost tokens, while the development team has remained silent, causing confidence in the project to plummet.

As Pi Coin continues to lose value, the next few months are shaping up to be a pivotal time. Without significant improvements in user experience and transparency, Pi’s future could be bleak.

Source: https://baonghean.vn/gia-pi-network-hom-nay-4-4-2025-lieu-sap-den-hoi-ket-cho-dong-pi-10294401.html