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Pi Coin Drops 74%: Community Calls for Transparency and Leadership Changes

  • The native cryptocurrency of Pi Network, the PI coin, has experienced a significant decline of 74% in value, dropping to approximately $0.68 from its all-time high of $2.98 in February 2025.
  • The upcoming unlocking of over 124 million PI tokens and slowing trading activity are major factors contributing to this downturn, indicating fading investor excitement.
  • Community members are demanding more transparency and fresh leadership with real crypto expertise, criticizing the Pi Core Team for being disconnected from the concerns of the broader Pi community.
  • Pi Network's mining rate has dropped by 1.18% this month, continuing the trend of gradual mining rate reductions. The Pi coin price has also experienced a decline of 20% in the past seven days.

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