Pi Network’s PI Token Plunges Toward ATL Levels Despite Gaming Progress
Although virtually all the cryptocurrency market is deep within the purple on a each day, weekly, and even month-to-month scale, Pi Network’s native token is among the many poorest performers, as its worth has slipped towards the all-time low seen in February.
This comes regardless of the mission updates and the brand new video games launched, particularly for Pioneers.
PI Price Tanks
As talked about above, the previous week or so has been significantly painful for the crypto markets, with BTC plunging to simply over $65,000 hours in the past, whereas ETH dumped to $1,800. Most different alts have been within the purple, and PI is not any exception. Its 22% plunge since this time final month resulted in a drop to $0.136 earlier as we speak, which grew to become its lowest stage since February.
At the time, the asset was rejected at $0.20 a number of instances, which led to the all-time low of $0.1312. The following month was much more profitable, and PI greater than doubled its worth by the so-called PiDay 2026 (March 14) after it was listed on Kraken. However, it turned out to be a traditional sell-the-news occasion followed by a massive crash to beneath $0.18.
The drop beneath $0.14 as we speak got here after sustained promoting stress and a number of key help ranges that have been misplaced, together with $0.18 and $0.16.
PiScan information reveals that the typical each day variety of tokens scheduled to be launched within the subsequent month is slightly reasonable, at round 5.4 million. However, there are a number of days that can see the unlocking of greater than 10 million tokens, together with one for 16 million. These slightly important unlocks might intensify the quick promoting stress and result in additional declines.
New Games
After the current replace from CiDi Games, a Pi Network Ventures portfolio firm, concerning the upcoming introduction of latest video games for Pioneers, each entities announced {that a} portion of these have already been made out there.
“CiDi Games offers Pioneers new methods to make use of Pi by gaming, whereas additionally extending the Pi ecosystem with infrastructure that may help extra video games and builders over time.”
The new video games are as follows:
Coin Whack · arcade roguelike
Fruit Stack · match-3 fruit puzzle
Gemnova · cosmic match-3 journey
RainbowCubes · colourful elimination puzzle
Separately, the Pi Network Core Team not too long ago announced the profitable deployment of protocol replace model 23 and famous that the following one, model 24, ought to have been accomplished by June 2. At the time of writing, although, there’s no official affirmation.
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