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Pi Network Crashes: What's Behind the Plummet? Plus, Latest Dogecoin Price Today!

Pi Network Crashes: What's Behind the Plummet?ethereum price prediction 0,000 Plus, Latest Dogecoin Price Today!

In the volatile world of cryptocurrency, Pi Network and Dogecoin have been two names that have caught the attention of investors and enthusiasts alike. Let's first dive into the recent crash of Pi Network and explore what might be causing its price to plummet.

Pi Network Price Plunge

Pi Network Coin has had a roller - coaster ride since its launch. The price initially tumbled by over 60% and then rebounded nearly 160%. However, the recent situation seems to be more bearish. As of recent data, Pi Coin was trading around $0.40 - $0.44. The price has been under pressure, and there are several factors contributing to this.

One major concern is the upcoming token unlock. There are more than 276 million PI tokens set to be unlocked this month. With no expected large - scale exchange listings or significant ecosystem expansions in the short term, this potential increase in token supply could lead to dilution, further weakening the already fragile price trend. The market's attention has shifted towards this looming supply increase, causing a sense of unease among investors.

Another aspect is the lack of sustainable momentum from previous positive news. The brief rebound around Pi2Day and new application integrations failed to hold. Despite the community celebrating Pi2Day on July 29, which included the launch of an AI - based no - code Pi App Studio and the上线 of the Ecosystem Directory Staking, the price still couldn't maintain an upward trajectory. This failure of positive news to translate into long - term price growth has added to the bearish sentiment.

However, not all hope is lost for Pi Network. Cryptocurrency analyst Dr. Altcoin suggests that the recent adjustment to around $0.40 might have formed the final bottom. He doesn't see signs of further price drops, especially considering the expected reduction in the number of unlocked Pi tokens in the future. A decrease in selling pressure could potentially open up room for future price increases. In 2025, Bitcoin's price surge to a record high of $118,000 on Thursday triggered the largest short - squeeze of the year, with about 237,000 traders' short positions liquidated globally, totaling over $1 billion in 24 hours. This could serve as a reference for Pi Network, indicating that it might be on the verge of a similar short - squeeze situation.

FAQ: What should I do if I'm holding Pi Coins right now? Well, DYOR (Do Your Own Research). Consider the factors mentioned above, and also keep an eye on future token unlock schedules and any potential ecosystem developments. If you believe in the long - term potential of Pi Network, you might hold, but be aware of the risks associated with the upcoming supply increase.

Dogecoin Price Update

Although no specific data about the latest Dogecoin price is provided in the available information, Dogecoin is one of the most well - known cryptocurrencies in the market. Dogecoin has always been highly volatile, often influenced by social media trends, celebrity endorsements, and overall market sentiment in the cryptocurrency space.

Similar to other cryptocurrencies, Dogecoin's price can be affected by macro - economic factors such as the Federal Reserve's interest rate decisions and inflation data (CPI). Additionally, on - chain data like the net flow of Dogecoin in exchanges and changes in whale addresses can also have a significant impact on its price. Community sentiment on platforms like Discord and Twitter can create FOMO (Fear Of Missing Out) or panic selling, causing rapid price fluctuations.

FAQ: How can I track the latest Dogecoin price? You can use platforms like CoinGecko or CoinMarketCap, which provide real - time price data for a wide range of cryptocurrencies, including Dogecoin.

The Cryptocurrency Market Landscape

The cryptocurrency market as a whole is a complex and dynamic ecosystem. The events happening in Pi Network and Dogecoin are just microcosms of the larger market trends. The 2025 Bitcoin short - squeeze event shows the high - stakes nature of cryptocurrency trading, where a single large - scale price movement can have a cascading effect on the entire market.

Investors need to be aware of the risks involved in cryptocurrency investments. The high volatility means that prices can change rapidly, and both gains and losses can be substantial. When considering investing in Pi Network, Dogecoin, or any other cryptocurrency, it's crucial to conduct thorough research, understand the underlying technology, and assess the potential risks and rewards.

FAQ: Is it a good time to invest in cryptocurrencies now? There's no one - size - fits - all answer. It depends on your risk tolerance, investment goals, and understanding of the market. Cryptocurrencies are high - risk assets, so only invest money that you can afford to lose.

In conclusion, the Pi Network price plunge is a result of a combination of factors, including upcoming token unlocks and the failure of positive news to sustain price growth. While there are potential signs of a future short - squeeze, the short - term outlook remains uncertain. As for Dogecoin, its price is subject to various market forces, and investors should stay informed to make well - informed decisions in this ever - changing cryptocurrency market.

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