Chishti92
vip

As of May 17, 2025, Pi Network (PI) is experiencing significant volatility, with its price declining by approximately 15.98% in the past 24 hours to around $0.74 USD. The intraday high and low were $0.945 and $0.722, respectively.


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📊 Market Overview
Current Price: ~$0.74 USD
24-Hour Change: -15.98%
Market Cap: Approximately $5.04 billion USD
24-Hour Trading Volume: Around $736.79 million USD
Circulating Supply: 6.79 billion PI (7% of total supply)
All-Time High: $2.98 on February 26, 2025
All-Time Low: $0.4069 on April 5, 2025
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📉 Recent Developments
The recent decline in PI's price is attributed to several factors:
Ecosystem Fund Launch: The Pi Foundation's announcement of a $100 million ecosystem fund was met with investor skepticism, leading to a price drop.
Token Unlock Concerns: The unlocking of 255 million PI tokens raised fears of increased supply and potential dilution, contributing to the bearish sentiment.
Technical Weakness: PI breached key support levels, notably falling below $0.90, which has intensified selling pressure.
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🔮 Outlook
Despite the recent downturn, some analysts suggest that PI may find support around the $0.70 level. However, the market remains cautious, and further declines could occur if negative sentiment persists.
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⚠️ Considerations
Volatility: PI has exhibited high volatility, with significant price swings in short periods.
Market Sentiment: Investor confidence has been shaken by recent events, and recovery may depend on positive developments or announcements.
Liquidity: While trading volume remains substantial, rapid price changes could affect liquidity and trading conditions.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Binhthuan14vip
· 05-17 23:48
holdholdholdholdholdholdholdholdholdholdholdholdholdholdholdhold
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Sakura_3434vip
· 05-17 15:41
thank you for sharing ✅️
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WholeCryptoQueenvip
· 05-17 09:43
moooooon moooooon moooooon
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ITSNOTUSvip
· 05-17 08:21
#ETH# #BTC# #BOME# #GOAT# #PI#
Have you seen, dear ones? Now do you believe my words? I tell you, the price will rise again, the partners who followed me have made a profit. My position also brought me 260 thousand.
https://www.gate.io/competition/wctc/s7/team_detail/41?ref=U1JMXF9W.
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GateUser-8d1cc862vip
· 05-17 05:42
vba ugh xXx franchise released get Gruy hgh ghg gag the BBC had ggg ccny BFUJ guy chug hit tyg VGD and hgh ghg buy gag huh
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Almasvip
· 05-17 02:22
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Discoveryvip
· 05-17 00:58
thank you for the good information and sharing 👍
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GateUser-2e60b4b3vip
· 05-17 00:26
Fluctuation is opportunity 📊
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GateUser-2e60b4b3vip
· 05-17 00:26
Fluctuation is opportunity 📊
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GateUser-2e60b4b3vip
· 05-17 00:26
Fluctuation is opportunity 📊
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