Pi Network price drops to record low

(Dan Tri) - According to data from the Bitget exchange, Pi Network price fell to 0.0963 USD on July 9. This is the lowest price of the Pi coin since it was listed on exchanges from February 2025.

At the time it was first listed, Pi Network coin was trading around 1 USD. Pi's price even increased to a peak of nearly 3 USD just a few days later.

Pi Network price continuously sets new bottoms (Photo: The Anh).

However, Pi Network's growth did not last as long as many investors expected. After the above period, Pi Network continuously reduced prices, leading to the disappointment of the entire community. To date, the Pi coin has lost more than 99% of its value.

According to a survey by Dan Tri reporter, the Pi Network mining and investment communities in Vietnam on Facebook are no longer as active as before. The amount of interest in the above product also decreased sharply.

Data from Google Trends shows that Pi Network peaked in search volume in Vietnam in February 2025 when the project opened its network. After that, the number of visits gradually decreased month by month.

However, the Pi Network team still continuously updates information on Twitter. In a latest post, Pi Network announced a series of upgrades related to Pi App Studio. This is a platform that supports users in building applications in the Pi ecosystem.

However, the team did not provide any new shares or updates related to the project's token.

Pi Network makes the community feel disappointed after a year of going public (Photo: The Anh).

Over the past year, Pi Network has continuously reduced prices. Crypto News site identified that there are many different reasons why Pi Network price is constantly searching for the bottom, including market influences and project-related issues.

First of all, the entire cryptocurrency market has seen a sell-off over the past few months. The continuous decline in Bitcoin price has negatively affected a series of other cryptocurrencies, and Pi Network is no exception.

On the other hand, Pi Network price also dropped sharply as selling pressure continued to increase. The increase in sales coincides with the project's token unlocking schedule. Purchasing demand is not enough to absorb new supply, causing prices to continuously drop deeply.