{"id":19913,"date":"2025-03-24T06:40:13","date_gmt":"2025-03-24T06:40:13","guid":{"rendered":"https:\/\/cryptd.in\/en\/why-is-pi-tokens-price-down-today-as-market-rebounds\/"},"modified":"2025-03-24T06:40:13","modified_gmt":"2025-03-24T06:40:13","slug":"why-is-pi-tokens-price-down-today-as-market-rebounds","status":"publish","type":"post","link":"https:\/\/cryptd.in\/ko\/why-is-pi-tokens-price-down-today-as-market-rebounds\/","title":{"rendered":"Why Is PI Token\u2019s Price Down Today as Market Rebounds?"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>The entire cryptocurrency market started to rally on Sunday and has posted impressive gains over the past 24 hours.<\/li>\n<li>However, there are a few exceptions, and Pi Network\u2019s native token is among them, with another 6% slide.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB.jpg\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-386639\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" \/><\/a><\/p>\n<p>Bitcoin leads the pack in terms of daily gains as its price jumped to $87,000 for the first time since Thursday morning when it was rejected at $87,500 and pushed south by several grand.<\/p>\n<p>Numerous altcoins have outperformed, charting notable gains. Avalanche is the top gainer from the larger caps, having surged by 11% to over $21. LINK, SOL, HBAR, and SUI follow suit.<\/p>\n<p>In contrast, TRX and PI are deep in the red, with losses of 4.5% and 6%, respectively. The situation for Pi Network\u2019s token is quite painful, as it has lost over 30% of its value in the past week and almost 70% since its all-time high marked on February 26.<\/p>\n<p><span>Today\u2019s price slide comes despite a recently\u00a0<a href=\"https:\/\/cryptopotato.com\/pi-token-is-tanking-but-can-this-new-pi-network-partnership-turn-things-around\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">\ubc1c\ud45c<\/a> partnership that could enhance the protocol\u2019s transparency and\u00a0<a href=\"https:\/\/cryptopotato.com\/is-pi-networks-pi-token-about-to-explode-2-key-signs-point-to-a-trend-reversal\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">these two signs<\/a> that suggest a trend reversal.<\/span><\/p>\n<p>However, Pi News, the official X media of Pi Network, noted something rather worrying. Its latest post from Sunday indicated that the number of PI tokens deposited to centralized exchanges had reached a record peak of 330 million coins.<\/p>\n<p>Such large numbers of tokens going into trading platforms typically signal a bearish short-term future for the underlying asset, as they increase the immediate selling pressure.<\/p>\n<p>Nevertheless, the team remains optimistic, saying, \u201cPerhaps by participating in the construction of the Pi ecosystem, the price of PI will reach a new high.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">330M of <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> deposited in CEX has reached a record high.<\/p>\n<p>Currently, the <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> price remains in the $1 range.<\/p>\n<p>Perhaps by participating in the construction of the Pi ecosystem, the price of Pi will reach a new high.<a href=\"https:\/\/twitter.com\/hashtag\/PiNetwork?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#PiNetwork<\/a> <a href=\"https:\/\/t.co\/XfrTFatGRz\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/XfrTFatGRz<\/a><\/p>\n<p>\u2014 Pi News (@PiNewsMedia) <a href=\"https:\/\/twitter.com\/PiNewsMedia\/status\/1903787003680079898?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">March 23, 2025<\/a><\/p>\n<\/blockquote>\n<p>\uac8c\uc2dc\ubb3c <a href=\"https:\/\/cryptopotato.com\/why-is-pi-tokens-price-down-today-as-market-rebounds\/\" rel=\"nofollow\">Why Is PI Token\u2019s Price Down Today as Market Rebounds?<\/a> \uc5d0 \ucc98\uc74c \ub4f1\uc7a5 <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">\ud06c\ub9bd\ud1a0\ud3ec\ud14c\uc774\ud1a0<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR The entire cryptocurrency market started to rally on Sunday and has posted impressive gains over the past 24 hours. However, there are a few exceptions, and Pi Network\u2019s native token is among them, with another 6% slide. Bitcoin leads the pack in terms of daily gains as its price jumped to $87,000 for the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why Is PI Token\u2019s Price Down Today as Market Rebounds? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/ko\/why-is-pi-tokens-price-down-today-as-market-rebounds\/\" \/>\n<meta property=\"og:locale\" content=\"ko_KR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Is PI Token\u2019s Price Down Today as Market Rebounds? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"TL;DR The entire cryptocurrency market started to rally on Sunday and has posted impressive gains over the past 24 hours. 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