Pi Coin crashes 25%, recovers slightly. KYC deadline looms. Crypto market shaky. Can Pi bounce back, or more pain ahead?
Pi Coin just took a major L, crashing 25% in a single day before slightly recovering to $2.41 (still down 12%). The market cap sits at $14.05B, but the 24-hour trading volume dropped 55%, signaling serious uncertainty.
This comes right as today marks the final KYC deadline for Pi holders. KYC verification is a must to move Pi to the Mainnet, and if too many users miss it, circulating supply could get messed up—meaning price swings are incoming.
But it’s not just Pi feeling the heat. The whole crypto market is shaky—Bitcoin is below $80K, Ethereum lost 7%, and big names like XRP, BNB, and Solana are all down. The $1.5B Bybit hack, U.S. tariff worries, and stricter crypto regulations are making things worse.
Even though Pi Coin is still above its $0.61 all-time low, it’s 20% down from its peak. It pumped 30% on Mainnet launch, then crashed overnight. Some dream of $100 Pi, but that won’t happen without more adoption, listings, and trading volume.
KYC closes today. Pi’s future? Uncertain. Will it bounce back, or is this just the beginning of a bigger crash?
Also Read: Bybit Hacker Moves $605M ETH—THORChain Under Fire as Crypto Heist Sparks Chaos