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Pi Network's PI token drops 17% to a new low amid pioneer sell-off fears.

Market News
13 Jul 2026
Bitcoin
View Source
Bearish
pluang ai news

The Pi Network's native token, PI, fell 17% to an all-time low of $0.0785 on July 13, 2026, driven by reports of long-term users selling their holdings. The token has declined about 30% since the start of the month and over 60% since early 2026, underperforming many major cryptocurrencies. Despite the sharp drop and market cap falling to $880 million, some supporters remain optimistic about the project's future due to ongoing development of apps and utilities. However, concerns persist about PI's price volatility, especially its faster declines compared to Bitcoin and other altcoins during market downturns, with suggestions to list PI on major exchanges or implement buyback mechanisms to stabilize the token.

More News

AI use in cybersecurity jumps to 78% in 2026, but governance and failures lag behind.

AI use in cybersecurity jumps to 78% in 2026, but governance and failures lag behind.

The 2026 SANS AI Survey reveals rapid AI adoption in cybersecurity, with 78% of organizations using AI, up from 50% last year. However, governance structures and formal audit frameworks have not kept pace, leading to increased AI-related failures in ...

Market News
Neutral
1 hour ago
Chipotle maintains strong growth and margins, justifying its premium valuation despite recent underperformance.

Chipotle maintains strong growth and margins, justifying its premium valuation despite recent underperformance.

Chipotle Mexican Grill continues to lead the fast-casual sector with solid revenue growth and high profit margins. Despite trading at a high forward price-to-earnings ratio of 31x, nearly double the sector median, its strong fundamentals support this...

Analyst Insights
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Vita Inclinata to go public via merger with Tavia Acquisition, valued at $450M

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Company Fundamentals
Bullish
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Exco Technologies to release Q3 2026 financial results on July 29, with a follow-up conference call on July 30.

Exco Technologies to release Q3 2026 financial results on July 29, with a follow-up conference call on July 30.

Exco Technologies Limited announced it will report its financial results for the third quarter ending June 30, 2026, after market close on July 29, 2026. The company will hold a conference call on July 30 to discuss the results, accessible via webcas...

Company Fundamentals
Neutral
4 hours ago
Head and neck squamous cell carcinoma market to grow 10.5% CAGR through 2036 with new immunotherapies.

Head and neck squamous cell carcinoma market to grow 10.5% CAGR through 2036 with new immunotherapies.

The head and neck squamous cell carcinoma (HNSCC) market is projected to grow at a 10.5% CAGR from 2026 to 2036, driven by rising cancer incidence and new immunotherapy launches. Key emerging therapies from companies like Johnson & Johnson, BioNTech,...

Market News
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