Pi Network (PI) fell to a new all-time low of $0.07059 on July 14, 2026. The coin has made a slight recovery since its bottom, but continues to trade in the red zone. PI’s price has fallen by more than 10% in the last 24 hours and 44.3% in the last month. Let’s discuss why Pi Coin’s price has crashed and if it can recover any time soon.
Why Has Pi Coin’s Price Crashed?
Pi Coin climbed to an all-time high of $2.99 on February 26, 2025 and has been on a downward trajectory ever since. The asset saw a surge in popularity in early 2025, but has lost substantial momentum in the last year.
Also Read: Pi Coin Crashes, Hits All-Time Low Price: What Next?
Pi Coin’s latest price crash comes after the project announced massive token unlocks for the next few months. PI is set to unlock 130 million additional coins which would significantly increase the coin’s supply. Demand for PI has also been quite low over the last year. Low demand and high supply has led to a massive price correction for the coin.
Will Prices Recover?
The cryptocurrency market is far from fully recovered. Bitcoin (BTC) has seen some relief in the last few days, especially after CPI (Consumer Price Index) numbers dipped for June. Despite the rally, BTC is still down by nearly 50% from its 2025 all-time high. Pi Coin is unlikely to recover amid a bear market.
Pi Coin needs two things for prices to recover. The first thing is increased demand. Given the large number of coins ready for unlock, the project would need a surge in demand to offset the circulating supply spike.
The second thing the project needs is a larger bullish market sentiment. The crypto market is still in bear territory and volatility is still high. A bullish market environment could help Pi Coin recover its lost momentum.