Pi crypto value price can surge hard if this happens

Pi Network token plunged to a low of $0.400 on Friday, down by over 86% from its all-time high.

The token has plummeted due to its oversupply and lack of demand among investors. Its circulating supply has jumped to over 7.76 million, with the network unlocking millions of tokens a month.

At the same time, daily volume has consistently remained below $100 million—a sign that demand is waning. The lack of demand is partly due to the token being listed on only a handful of exchanges such as OKX, Bitget, and MEXC.

As a result, users of major exchanges like Binance, Upbit, and Coinbase have no access to it.

Most importantly, Pi coin value price continued to fall even as the crypto bull run happened in July. It was one of the few top 100 coins to fall when Bitcoin surged to a record high. 

Historical data shows that only a Tier-1 exchange listing may trigger a short squeeze. Some of the most notable exchanges that could drive a double- or triple-digit surge include Binance, Upbit, and Coinbase.

For example, OMNI price surged by over 100% after its Upbit listing this week, while Orca soared by over 200% and ARKM by 55%. As a more popular cryptocurrency, Pi would have more gains.