Pi Network’s PI Token Plummets 95%: AI Predicts Further Collapse

The journey for PI token investors has been one of profound disappointment. Since its native token began trading less than a year ago, PI rocketed to an all-time high of $2.99 in late February 2025, only to embark on what can only be described as a cataclysmic nosedive. The token has dumped by more than 95% from that peak. The past few weeks have been particularly brutal, with the asset crashing to consecutive record lows. According to data from CoinGecko, PI recently plunged to $0.1338, marking a 40% decline in a single month. A slight recovery to nearly $0.145 has done little to repair overall market sentiment, leaving investors to wonder just how low the token can go.

This dramatic collapse underscores the volatile and often unforgiving nature of the cryptocurrency market, especially for newer, less-established projects. The steep decline suggests a fundamental lack of sustained buying interest and a market dominated by sellers, a dynamic that has pushed PI into uncharted and dangerous territory below key psychological support levels.

To gauge the potential path forward, analysis was sought from AI models. OpenAI’s ChatGPT provided a stark assessment, directly linking PI’s price action to its underlying market mechanics. The AI explained that the token’s inability to respond positively to recent network updates is a clear sign that its market structure and supply dynamics are overpowering any positive developments. The steady march to new lows indicates persistent selling pressure, weak speculative demand, and a concerning absence of external capital entering the market.

“Unlike more established altcoins, PI lacks deep liquidity buffers. When selling accelerates, price discovery to the downside can happen fast – as the recent crash demonstrated,” ChatGPT noted. It outlined several potential scenarios, with an extreme bear case predicting a plunge to a range of $0.06 to $0.08. This “true capitulation phase” would be contingent on continued token unlock pressure, persistently thin liquidity, and a further deterioration in broader crypto market sentiment. However, ChatGPT deemed this an extreme outcome, instead envisioning a more likely decline to the $0.10 level before the token could potentially find a solid support base and bottom out.

The perspective from Gemini was, if anything, even more pessimistic. The AI stated that the daily chart for PI paints a clear “stairway to hell” picture ever since it broke down beneath the $0.20 level. With the token now in “no man’s land” below $0.15, the technical outlook appears dire. Gemini’s analysis suggests that if PI fails to reclaim $0.16 by the end of the current week, the next major technical liquidity pool sits dramatically lower, between $0.05 and $0.06. A move to that range would represent another devastating crash of approximately 65% from current levels.

Beyond that, Gemini outlined an even more severe path dubbed “the zombie chain scenario.” In this worst-case outcome, PI would dump below $0.05 and effectively become a “zombie coin”—characterized by a high holder count but near-zero trading volume and complete loss of market interest. However, Gemini provided a slight caveat, estimating the current odds for such a mind-blowing crash at below 20%. This scenario would require a perfect storm of full investor capitulation, sell-offs by the Pi Network Core Team, and a collapse in the overall cryptocurrency market.

The consensus from both AI analyses points to several critical, interconnected issues plaguing the PI token. First and foremost is the problem of thin liquidity. Without deep order books, even moderate selling activity can trigger disproportionate price declines, as witnessed in the recent 40% monthly drop. This fragility makes the asset highly vulnerable to further shocks.

Compounding this is overwhelmingly negative market sentiment and a glaring lack of speculative demand. The token’s failure to rally on network updates indicates that investors see little fundamental reason to buy. Furthermore, the looming threat of continued token unlock pressure adds a persistent overhang of potential supply to the market, which can suppress prices if not met with equivalent demand. Together, these factors create a hostile environment where the path of least resistance remains firmly to the downside, leaving PI at risk of fulfilling the bearish scenarios laid out by artificial intelligence.