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Pi Coin Price Today Falls Below $1—Can PiDaoSwap Save It?

Pi Coin Price Today Falls Below $1—Can PiDaoSwap Save It?

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2025-03-24 | 5m

The crypto world is buzzing—but not in the ways Pi Network’s massive community had hoped. After soaring to nearly $3 just a month ago, Pi Coin has plunged below the much-watched $1 level, shaking confidence in the project’s future. For those tracking the Pi Network price, the recent dip has raised big questions. Some wonder, how much Pi Coin is worth now? Others are asking if PiDaoSwap—a new decentralized exchange built by the community—can help stabilize the Pi crypto value and push Pi Coin back on track. Let’s unpack what’s happening and what it could mean for the future of Pi Network.

What Happened to Pi Network Value?

Pi Coin Price Today Falls Below $1—Can PiDaoSwap Save It? image 0Pi Coin Value

Source: CoinMarketCap

In February 2025, Pi Coin was on a roll. After Pi Network’s open mainnet launch, Pi Coin surged to an all-time high of nearly $3, capturing the imagination of over 60 million Pioneers worldwide. The hype was real—and so were the expectations.

Fast-forward a few weeks, and the landscape looks dramatically different. The Pi price has slipped below $1, currently trading around $0.90. That’s a significant drop of over 70% from its recent high. Community members are worried, traders are skeptical, and the crypto world is asking many questions.

Why the sharp fall? There are a few key factors:

  • Increased supply: As more Pi tokens enter circulation, the growing supply has put downward pressure on Pi coin value in USD terms.

  • The enclosed mainnet: Pi Network’s decision to remain in an enclosed mainnet phase, where only KYC-verified users can transfer Pi, has limited liquidity and slowed broader adoption.

All this uncertainty has led to a steep decline in both Pi price and Pi Network value, leaving many to wonder whether Pi Coin has what it takes to recover.

The Community Reacts: Frustration and Determination

As expected, Pioneers are feeling the heat. Many early adopters who believed in the long-term potential of Pi Coin are frustrated by the drop. But this is no ordinary community. Instead of sitting back, Pi Network’s army of supporters is taking matters into their own hands. Enter PiDaoSwap, a decentralized exchange (DEX) designed to give the power back to the Pioneers and stabilize the Pi Network value.

What Is PiDaoSwap?

PiDaoSwap is a community-driven DEX built specifically for the Pi Network. Its purpose? To create a decentralized and transparent platform where Pi Coin holders can trade peer-to-peer, without relying on centralized exchanges that might manipulate prices. PiDaoSwap was created by a group of blockchain developers from Canada.

Here’s why PiDaoSwap could be a big deal:

  • It enables true price discovery for Pi Coin, based on real trading activity within the Pi Network.

  • It helps prevent price manipulation by cutting out middlemen and bots often found on external platforms.

  • It increases utility and liquidity, making Pi Coin easier to trade and potentially more valuable.

PiDaoSwap is not an official project from Pi Network’s Core Team, but it has garnered a lot of support from the community. It’s a project by Pioneers, for Pioneers.

Can PiDaoSwap Boost Pi Coin Value?

This is the million-dollar question. PiDaoSwap is being positioned as the solution to Pi Coin’s price instability, offering a fair and decentralized alternative to exchanges. Here’s how it could influence Pi price and Pi Network value moving forward:

1. Fair Price Discovery

Right now, Pi Coin’s price varies widely across platforms. With PiDaoSwap, prices are set by real users trading real Pi Coins, not speculative IOUs. That could result in a Pi price that better reflects the true demand for Pi Coin.

2. Increased Trust and Confidence

If PiDaoSwap delivers on its promises, it could restore confidence in Pi Coin. A trustworthy, community-governed DEX gives Pioneers a reason to believe that the Pi Coin value is being determined fairly and transparently.

3. More Liquidity, More Utility

A vibrant DEX makes Pi Coin more useful. Instead of holding Pi with no easy way to exchange it, users can trade directly on PiDaoSwap. This added liquidity could increase the Pi value over time.

Challenges Ahead for PiDaoSwap and Pi Coin

While PiDaoSwap offers hope, it’s not a silver bullet. Several challenges remain:

  • Adoption: Will enough users trust and use PiDaoSwap to create meaningful liquidity?

  • Regulatory Hurdles: DEXs can attract scrutiny, and PiDaoSwap will need to navigate compliance issues carefully.

  • Core Team Cooperation: PiDaoSwap is awaiting final approvals to launch fully on mainnet. Delays could stall momentum.

Despite these challenges, many in the Pi Network community see PiDaoSwap as a necessary step toward realizing the true potential of Pi Coin.

What’s Next for Pi Coin and PiDaoSwap?

The coming weeks are critical. If PiDaoSwap successfully launches and gains traction, we could see Pi price stabilize—or even rise—back above the $1 mark. Some analysts are cautiously optimistic that Pi Coin could reclaim the $1.20 to $2 range if confidence returns.

On the flip side, if PiDaoSwap struggles to gain adoption or if broader issues in the Pi ecosystem aren’t addressed, Pi Coin’s troubles could deepen. The Pi Network value depends not just on tech innovations like PiDaoSwap but also on transparency, community trust, and wider exchange listings.

Final Thoughts

Pi Coin falling below $1 was a wake-up call for the Pi Network community. But in true Web3 spirit, Pioneers are rallying to create decentralized solutions like PiDaoSwap that return power to the people.

Will it work? Time will tell. But if PiDaoSwap lives up to its promise, it could play a key role in stabilizing and boosting Pi Coin value, restoring faith in Pi price, and elevating Pi Network value as a whole. One thing is certain: the Pi Network price will depend on what the community does next. And right now, the community is building.

Feeling ready? Register now and trade Pi Network (PI) on Bitget!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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