Pi Network’s anniversary marred by massive token dump: Price plummets

Pi Network's anniversary sees a price crash! 200 million tokens flood exchanges, driving the price to historic lows. Learn what happened.

Written by Simon Dumoulin

Adapted by February 24, 2026 at 11:25 by Simon Dumoulin

pi coin sur fond violet jaune coloré goute d'eau

Copié

A High-Pressure Anniversary for Pi Network

What was supposed to be a symbolic week for the “Pioneers” community of Pi has turned into a sequence of extreme tension. On the occasion of the Open Network’s first anniversary, investors were hoping for a bullish rally validating the project’s maturity. Instead, the market recorded a brutal correction, with a weekly drop of more than 6%, followed by a new decline of 4% at the beginning of the week.

The trigger comes from on-chain data relayed by PiScan. In just four days, nearly 200 million Pi tokens were deposited on centralized exchange platforms (CEX). In the crypto ecosystem, such an influx of liquidity to exchanges is generally perceived as a massive sell signal. Holders are anticipating a further decline.

To make matters worse, wallets associated with the Foundation recorded an additional outflow of approximately 50 million tokens in 24 hours. Even though no official announcement has confirmed an intention to sell. The market interpreted these movements as possible dilution pressure, accentuating fear and fueling volatility.

Roro Crypto – Get free trades on our private group!

Technical Analysis: Towards a Break Below $0.13 or Technical Rebound?

From a chart perspective, the situation remains fragile. The token is trading in the $0.16 – $0.17 zone, in immediate proximity to its All-Time Low (ATL) located around $0.13. The market structure remains clearly bearish, with a succession of descending peaks and troughs confirming seller dominance.

The critical threshold to watch is the support at $0.1533. A break on daily close would open the path to a quick return towards $0.13. Or even a new phase of price discovery in uncharted territory. Technical indicators are not showing any bullish divergence for now, and momentum remains solidly anchored on the bears’ side.

In this context, strategy divides investors. The most cautious fear a final capitulation. While contrarian profiles are considering buying the dip in hopes of a technical rebound if the $0.15 support holds. However, without a strong catalyst like a token burn or a major strategic announcement the risk of a new bearish leg remains very present in the short term.

Pi Network price chart showing heavy selling pressure with a massive influx of tokens to exchanges and key support near $0.15.

Related Articles:

Simon Dumoulin

Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.

DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.

DISCLAIMER

This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.

InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.