The devastating plunge worn out an estimated $18 billion in market worth inside six months, alarming traders at the same time as the broader crypto market rallied.
Pi crashed over 90% from its highest place that’s principally a rug pull. Why ought to I or different Pi Community traders be blissful about that? Pi Community has misplaced over $18 billion in worth in simply six months, and most Pioneers don’t make investments; they mine. So that they don’t see Pi Community’s… https://t.co/VIzP4LYbYu
— Mr Spock (@MrSpockApe) October 5, 2025
PI Holders Rugged?
Pi’s worth has been on a steady decline since early March, with Could providing solely a quick rebound. Over the past 90 days alone, Pi has misplaced round 42%, whereas buying and selling volumes have dropped massively, pointing to fading retail curiosity and liquidity.
Regardless of the rollout of DEX and AMM options and the founders’ public look at TOKEN2049 in Singapore, the market sentiment stays bleak.
Unrealistic Valuations and Group Denial
In accordance with Spock, many Pi “Pioneers” stay unconcerned, as their holdings have been mined moderately than bought. Nevertheless, he criticized the neighborhood’s delusional valuations.
Whereas some customers agreed along with his take, others accused him of hypocrisy, claiming he as soon as defended Pi’s inflated worth and inspired traders to carry by way of the decline.
PI Value Evaluation: Chart Alerts Imminent Breakout
The three-hour PI chart confirms a descending triangle sample, usually a bearish setup. Nevertheless, after such a pointy drop, the formation may sign both continuation or reversal, relying on which facet breaks first.
Pi is at present consolidating close to $0.2628, tightening throughout the triangle and nearing the apex, indicating a serious transfer is imminent.
Supply: TradingView
A breakout above resistance may carry Pi to $0.38, a possible 43.86% rebound towards prior resistance. This transfer aligns with a doable breakout from a falling wedge, one other bullish sample.
Nevertheless, a breakdown under help may drag costs to $0.22, marking a 15% decline and confirming continuation of the broader downtrend.
Caught Between Hype and Actuality
The Pi neighborhood stays divided, some see the crash as proof of a rug pull, whereas others insist there’s no actual “loss” since tokens weren’t purchased with fiat.
But, the market’s message is evident, i.e., momentum has evaporated, and solely a confirmed breakout will decide whether or not Pi can reclaim credibility or spiral additional.
PI Collapses 90% – However $MAXI Simply Raised $2.8M and Retains Climbing
With Pi Coin plunging and confidence fading, a brand new contender is entering into the highlight – Maxi Doge ($MAXI), a meme-powered crypto that fuses fitness center tradition with the joys of high-risk buying and selling.
Backed by robust neighborhood help, the venture has already raised $2.8 million in its ongoing presale.
On the coronary heart of it’s a muscle-bound, caffeine-fueled Doge, powered by 1000x leverage – the last word image for merchants who by no means skip a pump and by no means give up.
For its holders, $MAXI isn’t only a token – it’s a way of life the place bodily power and monetary ambition go hand in hand.
$MAXI steps in as a daring, over-the-top image of power and confidence, encouraging its holders to commerce smarter and push their limits.
As an ERC-20 token, $MAXI has a set provide to keep up shortage and has been audited by Stable Proof and Coinsult for safety.
Holders can earn day by day staking rewards, at present providing excessive annual returns, and acquire entry to unique buying and selling tournaments and neighborhood occasions.
Early patrons of $MAXI may have entry to as a lot as 121% each year in staking rewards.
To purchase $MAXI on the present worth of $0.000261, you may head to the official Maxi Doge website and join a supported pockets, akin to Best Wallet.
Merely use present crypto or a debit/bank card to finish your $MAXI buy.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any choices based mostly on this content material.
A crypto journalist with over 5 years of expertise within the trade, Parth has labored with main media shops within the crypto and finance world, gathering expertise and experience within the area after surviving bear and bull markets over time. Parth can be an writer of 4 self-published books.