Pi Price Drop: Breaking Critical $1.05 Support & $129M Pi Token Release Could Drive Pi Coin to Unthinkable Lows

The PI coin has been dropping sharply in value after it hit its high of $2.98 in February. As the downtrend continues the PI coin’s value has been getting close to $1. This has caused doubts about the future and the possibility of Pi price dropping below $1. Amid global economic challenges, all markets have been in decline, and without internal buying pressure, PI will likely decline more. 

Pi Price Struggle: Will the Token Unlock Send It Down?

One of the upcoming bearish events for Pi coin value is the unlocking of 129M tokens. This will add $140.61 million worth of tokens to the market. Such big token releases have historically had a negative influence on the value. As the supply increases, the demand for the coins needs to rise as well, if not the price usually dips. Additionally, this release event comes at a time when PI’s market has already been under sell pressure.

Pi Token Price Drops: Can Binance Listing Save It?

Another recent disappointing development is the unclear position of Binance on the listing of the PI token. This comes after a Binance community voting resulted in an 86% approval rate for the PI coin. However, as of writing this, there has been no official statement from the Binance team regarding listing PI. As such investors are now doubting the future growth of the Pi network and the Pi token. The chance of listing remains, and if it becomes a reality, fresh liquidity and interest could lead to a price surge.

Chart 1 – provided by SL-Trades on TradingView, published on Bravenewcoin, March 20, 2025

Based on Chart 1 Pi has been experiencing drops below the $1.12 Bollinger Band which reaffirms the continued downtrend. Additionally, a break below the $1.05 support level could push Pi price drop further, sending it even under $1. However, the Relative Strength Index shows an oversold condition, increasing the possibility of a reversal if bulls take control. Although to reach a reversal a significant increase in demand is needed. 

How Pi Domains Could Boost Pi Coin’s Future Growth

For the market to exit the current slump, Pi coin value first needs to break the $1.23 resistance level. Next, if the bulls manage to go over the $1.36 resistance, Pi could surge as high as $1.60. This price goal may become a reality soon as the Pi Network has been developing fast. The Pi Network has recently launched Pi Domains which aim to significantly increase the utility of PI tokens. These blockchain domains have been made for e-commerce transactions and allow users to purchase products with PI tokens.

As we can see in the case of Pi Domains one of the main goals of the Pi network is increased adoption. This urgent need comes because of PI’s explosive growth, as sustaining a significant market capitalization requires a solid system. As such for PI to reach its all-time high of  $5.26 again, it needs utility and constant supply of liquidity. 

The Future of Pi: Innovation as the Key to Success

To exit the current slump and reach a broader user base the Pi network needs to continue to innovate. Any enhancement in user experience could lead the PI token to broad adoption. Additionally with innovative platforms and applications comes a new group of clients and investors from new industry sectors. The Pi token might not reclaim its ATH any time soon, but with innovation, it can enhance its long-term potential significantly.