The cryptocurrency market is experiencing major revisions today. Pi Coin (PI Network/PI) has faced a similar fate over the last few months. The coin experienced a surge in popularity earlier this year, reaching its all-time high of $2.99 on February 26th. The price of PiCoin (PI) saw a 90.1% crash since its peak in February. According to Coingecko, PI prices fell 17.3% over the past 24 hours, 15.5% last week, 15.2% on the 14-day chart, and 18.2% from the previous month. Let’s discuss whether the PI has lost momentum and whether the hype for the project has died.
Did Pi Coin lose the hype after a 90% price crash?
Pi Coin (PI) had a rally in late February, but the larger crypto market was facing revisions. The diverse trends could mean that PI gatherings were not due to bull markets. Pi’s rally and popularity was linked to online topics and speculation. The lack of hype is a major factor in PI, which has lost a significant momentum in the past few months
According to Concodex, Pi Coin (PI) prices will continue to be lowered in the coming weeks. The platform expects PI to trade on December 21, 2025 at $0.265. If you drop to $0.265 you get a 10.17% correction from your current level.
The Pi Coin (PI) could rebound in October. October is usually a bullish month for the cryptocurrency market. Bitcoin (BTC) has been able to see the rebound in the coming weeks. Potential BTC rally could cause an overall market rise. Additionally, the Federal Reserve is planning to roll out an additional 25 basis points of interest rate reduction next month. Rate reductions could lead to another bullish stage in cryptocurrency.
Despite the possibility of a bullish turnaround in October, it is unclear whether Pi Coin (PI) will regain lost momentum. Even when a larger market was gathering, assets struggled.
