Pi Coin has been making headlines following the much-anticipated Open Mainnet launch on February 20, 2025. Within hours of going live, Pi was listed on major exchanges . But what followed was a rollercoaster—its price surged past $2 initially, only to crash by over 55% to around $0.78 in less than a day.

Pi Network’s native cryptocurrency, PI, experienced a sharp decline of over 65% following the long-awaited launch of its mainnet.

The Pi Network mainnet launch has generated considerable market trading for the Pi Coin that saw pump and dump leaving investors on edge.