PI continues to dig new lows.
Launched just over a year ago, the asset doesn’t appear to have found a bottom yet, marking another all-time low.
Recall that PI actually traded quite promisingly during the November crash, when BTC, ETH, and most larger-cap alts suffered. It remained well above $0.20 and even challenged $0.30 at one point, but to no avail.
The next month and a half was quite slow and PI failed to move with the market in either direction. However, the bottom of $0.20 fell in mid-January and has been an absolute disaster ever since.
CryptoPotato repeatedly reported on the asset’s new lows. He finally regained some traction on Saturday morning, but the market-wide crash hours later drove him hard south again. This time, the bears took it to the final ATL of $0.1527 (CoinGecko data). This marked a decline of 94.8% in less than a year since launch.
Nevertheless, the community remains hopeful of a turnaround. Pi News, perhaps the most popular news-related channel outside of the official Pi Network account, outlined that “PI is not just a currency, it is a movement.”
They speculated about some kind of “new era” that is “about to begin,” claiming that Pi Network started on mobile but is now evolving into a global digital currency.
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A NEW ERA IS ABOUT TO BEGIN
Pi Network What started on mobile is evolving into a global digital currency.
Built by people. Secured by the community. Powered by faith.
This is the shift from waiting to winning.
The future is wrong – it launches.
PI IS NOT JUST A COIN, IT IS A… pic.twitter.com/SJhWuyvExe— Pi News (@PiNewsMedia) January 29, 2026
So far this prediction has not come true, but the Pi Network Core Team continues to introduce regular updates to the overall ecosystem, which could be a bright spot after the latest crash.
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