Pi Network Price Today March 10, 2025: Sudden Sharp Drop
Pi Network price today March 10, 2025 decreased sharply by 22.6% compared to yesterday, currently at 1.39 USD. Pi's market capitalization increased to 13 billion USD
Pi Network Price Today
Pi price on OKX exchange on March 10, 2025 is fluctuating around the price from 1.36 USD to 1.8 USD (equivalent to 34,720 VND to 45,810 VND). Thus, according to the time of writing, Pi price on OKX exchange suddenly dropped sharply by 22.6% compared to yesterday.
Pi’s price continues to fall due to the impact of the general decline in the cryptocurrency market. Yesterday, Bitcoin (BTC) – the most important cryptocurrency on the market – fell to $86,000, dragging down the negative trend of many other cryptocurrencies, including Pi.
Pessimism began to spread as Pi's price continued to fall for several days. In addition, the fact that Binance - the world's largest cryptocurrency exchange - has not yet made a move to list Pi has also made many investors impatient.
In groups, many people have joined Pi Network for a long time but have not been able to complete the identity verification process (KYC - Know Your Customer). This is an important condition for users to be able to transfer the Pi they have mined to the mainnet and make other transactions. However, KYC verification is very slow, some people even have to wait for several years without completing it.
According to the latest announcement from the Pi Network development team, the final deadline for “Pi players” to complete KYC will be March 14. This is also the final extension for this process, which means that those who do not complete KYC before this time may lose the opportunity to transfer Pi to the mainnet.
Pi's market capitalization is on a strong upward trend
Pi's market capitalization is on a strong upward trend. Data from exchanges such as OKX, MEXC, and even Binance (although not yet listed) shows that Pi's market capitalization has exceeded $13 billion after officially trading. In just over two weeks since the Open Network, the amount of Pi that has moved from "testnet" to "mainnet" status has increased from 6.9 billion to over 7.1 billion Pi.
Pi Network is a highly speculative asset that is susceptible to news. According to many experts, the value of Pi is not only affected by general market developments but also strongly affected by positive and negative information.
Announcements about network development progress, new partnerships, or even just unverified rumors can cause Pi prices to fluctuate dramatically. This poses a big challenge for participants, requiring them to be alert and know how to analyze information carefully before making investment decisions.
