Pi Network News: Token Hits New Low After Crashing 10% in a Single Day

The post Pi Network News: Token Hits New Low After Crashing 10% in a Single Day appeared first on Coinpedia Fintech News

Today, Pi Network recorded its third straight month of declining prices. On October 8, Pi Coin fell to a new all-time low of $0.2376, dropping almost 10% in the past 24 hours. The continued slide has turned overall market sentiment bearish.

The strong momentum that Pi Network had at the beginning of the year quickly faded, as it plummeted. In August 2025, the token reached $0.33, then in September it dropped lower to  $0.2552, and now in October, the coin dropped even further. 

According to recent data, the token has declined more than 91% from its all-time high of $2.99. Noting this dip, Dr Altcoin, a crypto expert, wrote on X, “As a community, we Pioneers have worked hard for over six years and done our part. It’s now up to the Pi Core Team to take action on the Pi price.” 

He called on the Pi Network team to finally act on the falling Pi price, saying that pioneers could buy coins from centralized exchanges (CEX) and that introducing a coin-burning mechanism could help reduce supply and support the coin’s value.

Can Pi Coin Still Hit $1? 

Due to bearish price action from months, the prediction data has completely changed, showing Pi coin can no longer reach $1. According to data from Coincodex, the token shows a strong bearish sentiment of 78% with only 22% of a bullish trend. 

Pi coin prediction chart: 

Now, the upcoming events like the upgrade to protocol version 23, Pi Hackathon, and their impact on price are left to be seen.