Pi Network dumps hard, will PI recover?

Pi Network rallied nearly 300% between April and May 2025. The token is trading close to its all-time low on Thursday, at $0.4156. PI token is trading at $0.4158. With PI token in a free fall, traders are likely rotating capital to other altcoins, awaiting altcoin season rally this cycle. The token’s July unlock has contributed to the rising selling pressure and the likelihood of recovery is low.