{"id":33995,"date":"2026-07-09T13:06:45","date_gmt":"2026-07-09T13:06:45","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pi-network-price-hits-new-all-time-low-as-it-loses-0-1-support\/"},"modified":"2026-07-09T13:06:52","modified_gmt":"2026-07-09T13:06:52","slug":"pi-network-price-hits-new-all-time-low-as-it-loses-0-1-support","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pi-network-price-hits-new-all-time-low-as-it-loses-0-1-support\/","title":{"rendered":"Pi Network price hits new all-time low as it loses $0.1 support"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pi Network price fell beneath the psychological $0.10 mark for the first time on July 9, extending its month-long slide to more than 25% as growing token supply and persistent selling overwhelmed demand.<\/p>\n<div id=\"cn-block-summary-block_e1335775a64e4f98e8ca93e1b7f9cf6c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Pi Network price fell below the key $0.10 level, hitting a fresh all-time low amid sustained selling pressure.<\/li>\n<li>Heavy token unlocks, declining open interest, and deeply negative funding rates continue to fuel the bearish trend.<\/li>\n<li>Technical indicators point to further downside risk unless PI can reclaim $0.10 and break above its descending channel.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Pi Network (PI) traded near $0.098 during the session, leaving the token down more than 25% over the past month and extending a prolonged downtrend that has erased most of its post-mainnet gains.<\/p>\n<p>The latest decline comes as Pi Network continues to face heavy supply-side pressure from scheduled mainnet migrations and token unlocks. Millions of newly unlocked PI tokens have entered circulation in recent weeks, increasing the amount of tradable supply at a time when buying demand has remained subdued.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/piscan.io\/unlock-statistics\" target=\"_blank\" rel=\"nofollow\">PiScan<\/a><\/figcaption><\/figure>\n<p>The imbalance has created a persistent supply overhang, allowing sellers to dominate trading and pushing the token to successive record lows.<\/p>\n<p>The bearish mood has also spread to derivatives markets. Recent market data showed Pi\u2019s open interest falling from above $10.88 million to around $9.75 million as leveraged long positions were flushed out during the selloff.<\/p>\n<p>At the same time, funding rates dropped to roughly -2.15%, signaling that short sellers are paying a premium to maintain bearish bets, a sign that market participants continue to expect further downside.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Why is the Pi Network price falling?<\/h2>\n<p>Beyond project-specific pressures, the broader macro backdrop has also turned unfavorable for speculative cryptocurrencies. Rising geopolitical tensions in the Middle East triggered a broader risk-off move across financial markets, dragging Bitcoin below $62,000 and prompting investors to reduce exposure to smaller altcoins.<\/p>\n<p>Pi Network has been particularly vulnerable because its enclosed mainnet structure limits liquidity, making price swings more severe when capital leaves the market.<\/p>\n<p>Investor attention has also shifted toward artificial intelligence-related investments and blockchain ecosystems with stronger utility. Although the Pi Core Team recently introduced backend storage improvements for App Studio, the update failed to generate meaningful buying interest.<\/p>\n<p>The continued wait for an Open Mainnet launch, combined with the absence of major tier-one exchange listings, has weakened confidence and left ongoing token emissions without sufficient demand to absorb them.<\/p>\n<h2 class=\"wp-block-heading\">What do the charts say about Pi\u2019s outlook?<\/h2>\n<p>The daily chart shows Pi Network trading inside a well-defined descending channel that has guided price action lower since early May. The latest breakdown below the psychological $0.10 level confirms that sellers remain firmly in control, while the token continues to print lower highs and lower lows without any sign of trend reversal.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/07\/1783602405_216_Pi-Network-price-hits-new-all-time-low-as-it-loses.webp.webp\" alt=\"Pi Network daily price chart showing a breakdown below $0.10, trading within a descending channel as bearish momentum and capital outflows intensify.\" class=\"wp-image-14472256\"  ><figcaption class=\"wp-element-caption\">Pi Network price has formed a descending channel on the daily chart \u2014 July 9 | Source: crypto.news<\/figcaption><\/figure>\n<p>Momentum indicators also reinforce the bearish structure. The Chaikin Money Flow has slipped to around -0.12, indicating sustained capital outflows, while the MACD remains below the zero line with a bearish crossover and expanding negative histogram bars. Together, these signals suggest that downside momentum is still strengthening rather than fading.<\/p>\n<p>As long as PI remains below the upper boundary of the descending channel, bears are likely to retain control. A decisive recovery above $0.10 would be the first sign of stabilization, but failure to reclaim that level could expose the next major downside area around the channel support near $0.08, extending the token\u2019s record-setting decline.<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network price fell beneath the psychological $0.10 mark for the first time on July 9, extending its month-long slide to more than 25% as growing token supply and persistent&hellip;<\/p>\n","protected":false},"author":1,"featured_media":33023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-33995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/33995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=33995"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/33995\/revisions"}],"predecessor-version":[{"id":33996,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/33995\/revisions\/33996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/33023"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=33995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=33995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=33995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}