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Pi Coin Crashes 62% Minutes After Launch

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The Pi Network Coin crashed 62% minutes after lunch as investors dumped the token and jumped ship. Post-launch, it reached an all-time high of $1.97 and plummeted immediately after reaching its ATH. It is now down 67% from its ATH and is attracting bearish sentiments in the charts. A quick recovery from here looks bleak as users are still struggling to transfer their ‘mined coins’ into the Mainnet network. Also Read: Shiba Inu: SHIB Price Prediction 10 Years From Now Source: Coingecko This was the only cryptocurrency that allowed users to mine coins on their smartphones. The mining process began in 2019 and continued till February 2025 before being listed on cryptocurrency trading platforms. Millions of users worldwide relentlessly mined the tokens accumulating Pi Coins into their portfolio. The listing on Thursday has allowed users to sell their mined coins on the cryptocurrency exchanges. Source: Coingecko Also Read: Will GTA 6 Accept Crypto Payments? However, the majority...