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Pi Network's PI token crashes 17% to new low amid heavy selling by long-term holders.

Market News
14 Jul 2026
Blockonomi
View Source
Bearish
pluang ai news

Pi Network's cryptocurrency PI plunged 17% on July 13 to an all-time low of $0.0785, driven by aggressive sell-offs from long-term holders known as "pioneers." The token has lost over 60% of its value year-to-date and 97% from its February 2025 peak of $2.99. Trading volume surged 129% to $17.7 million, confirming intense selling pressure. Technical indicators signal continued bearish momentum, and experts suggest the project must either secure listings on major exchanges or implement buyback mechanisms to stabilize the price. The market cap has fallen below $1 billion, and breaking key support levels could lead to further declines.

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