Pi Network Hits Historic Low: PI Token Falls to $0.063

The Pi Network token (PI) fell to approximately $0.063 on November 9, 2026, marking a new all-time low. According to CoinGecko, the price dropped to $0.06328. This decline occurred amid a general sell-off of digital assets, during which Bitcoin (BTC) fell below $74,000 and Ether (ETH) below $2,100.
In the past 24 hours, PI lost over 13%, and the weekly decline approached 20%, according to a market snapshot from November 9. The token's market capitalization shrank to approximately $720 million.
PI has lost nearly 98% from its all-time high
The previous period of record low quotes for Pi Network occurred in July 2026, when the token's value approached $0.07.
After that, PI partially recovered and reached approximately $0.11 in August. However, the growth was short-lived, and in the following months, the price resumed its decline.
The all-time high for PI was recorded on February 26, 2025, at around $2.98. At a price of $0.063, the decline from this value is approximately 97.9%.
Token unlocks remain a factor of potential supply
The Pi Network community is discussing the potential impact of token unlocks and limited liquidity on price dynamics.
One participant in the discussion on X estimated the share of sales in the considered trading flow at 61% against 39% of purchases. However, the calculation method and accuracy of these figures are independently unverified.
Community members also note the regular increase in the number of PI available for circulation. However, token unlocks do not imply immediate sales: recipients may continue to hold the assets.
Another topic of discussion is the absence of PI listings on Binance and Coinbase. However, available statistics do not allow for determining exactly how this factor influenced the recent price decline.
Pi Network to hold Ecosystem Summit on November 17–19
The project's next planned event is a three-day online conference, the Pi Ecosystem Summit.
According to the official program, on November 17, the team will present platform updates for developers, new tools, and ecosystem applications. November 18 will feature demonstrations of artificial intelligence integration capabilities and discussions on infrastructure development.
Both days will be held in the format of video presentations on the project's official YouTube channel. The broadcasts are scheduled to begin at 16:00 UTC.
On November 19, Pi Network will announce the launch of the new Pi Next hackathon with a prize pool of 200,000 USDT. The announcement is planned through official channels without a separate video broadcast.
The upcoming conference is dedicated to the development of applications and tools for developers. However, the impact of new announcements on the market value of PI remains uncertain.
This material is prepared solely for informational purposes and does not constitute financial advice or a recommendation.

