Pi Coin is trading at just $0.3656 after a big token unlock in August 2025 caused its price to drop. While many other cryptocurrencies have bounced back, Pi is still close to its all-time low of $0.33. Some users are asking why the coin wasn’t launched at a higher starting price, which they believe could have helped it reach a stronger value by now.
But some Pi analysts assume that the coin would have been a flop had it launched at more than $2.50.
Did Pi Coin Need A Better Start?
Pi coin was launched at a price of approximately $1.45, and it surged quickly to a high near $2.10 on launch day.. However, this rally was short-lived, and the coin plunged over 55% within 24 hours, dropping to around $0.78 due to various reasons.
Experts say that Pi coin started low because it had no proven value or mature ecosystem at launch, unlike established cryptocurrencies such as Bitcoin or Ethereum. So, settling a high initial price like $25 or $500 would have been unjustified and likely resulted in a quick crash.
Additionally, Pi has a huge circulating supply distributed to millions of free miners, so a high price like $500 would have implied an unrealistically enormous market capitalization for a new project.
Another factor is that users mined for free, and a high price could scare away buyers; thus, Pi adopted for low price, which could reduce risk and increase adoption. Since buyers would have avoided the high price, Pi set a strategic pricing that strives to build a community and set the stage for future growth.
What is Market Sentiment in Pi?
The current market confidence in Pi is quite low, compared to other cryptocurrencies. Pi is facing a “bleeding phase” since mid-2025 and is experiencing heavy selling pressure with declining trading volumes. Many investors gave up hope on the Pi.
However, some analysts still remain optimistic and await its surge, like BTC and ETH investors. Recently, a mystery account collected 350.5 million Pi coins, worth over $125 million, showing strong faith in the crypto’s potential.
