let's find out Reasons Behind the Recent Pi Network Price Drop

It looks like the price of Pi Network has been going down recently. Here's a simple explanation of why:

 * People Selling After Launch: When Pi Network finally launched its Open Mainnet in February 2025, many people who had been mining Pi for a long time started selling their coins. This increased the supply of Pi available, which can push the price down. Think of it like a popular item suddenly having a lot more available – the price might decrease because there's less competition to buy it.

 * Profit Taking: Some people who got Pi early on wanted to cash in on their gains once it became tradable. This selling pressure can also contribute to the price going down.

 * Market Sentiment: The overall mood of the cryptocurrency market can affect Pi's price. If the general market is down, Pi's price might also decrease.

 * Uncertainty and Fear: There have been some concerns and warnings about Pi Network, which can create fear and uncertainty among users. This can lead some people to sell their Pi, further contributing to the price decrease.

 * Token Unlocks: Pi Network has a schedule for releasing more of its coins over time. When a large number of coins are unlocked, it increases the available supply, which can put downward pressure on the price.

 * Lack of Major Exchange Listings: While Pi is listed on some exchanges, it's not yet available on all the major ones like Binance and Coinbase. Being listed on these bigger exchanges could increase demand and potentially push the price up.

In short, the price of Pi Network has been going down due to more people selling than buying after its launch, some uncertainty around the project, and the gradual release of more coins into the market. It's important to remember that cryptocurrency prices can be very unpredictable.