The post Pi Volume Crashes 99% — Is the GCV Dream Finally Cracked? appeared on BitcoinEthereumNews.com. In early 2026, while the altcoin market capitalization (The post Pi Volume Crashes 99% — Is the GCV Dream Finally Cracked? appeared on BitcoinEthereumNews.com. In early 2026, while the altcoin market capitalization (

Pi Volume Crashes 99% — Is the GCV Dream Finally Cracked?

In early 2026, while the altcoin market capitalization (TOTAL3) rebounded from $825 billion to over $880 billion, marking a gain of more than 7%, Pi Network (PI) remained stagnant around the $0.2 level. Exchange data has not shown any clear signs of a return to demand.

Meanwhile, the Pi Network community has reported growing losses among investors who pursued expectations tied to the GCV price.

Sponsored

Sponsored

Pi Network’s Weekly Trading Volume Hits Record Lows

Data from CoinGecko shows that Pi’s trading volume has fallen to record lows. The weekly volume dropped sharply below $100 million, with daily averages of around $10 million.

By comparison, in March last year, Pi recorded more than $10 billion in weekly trading volume. The current figures represent a decline of over 99%.

Weekly Pi Price and Trading Volume. Source: CoinGecko.

The collapse in trading volume reflects weakening demand for Pi on exchanges. Thin liquidity increases the risk of large price swings, even with relatively small buying or selling pressure.

If prices rise under such low liquidity conditions, the move is unlikely to be sustainable. If prices fall, the same conditions make Pi vulnerable to sharp sell-offs.

Additionally, Piscan data indicate that Pi reserves on centralized exchanges (CEXs) have not declined. Instead, they remain elevated.

Pi Reserves on CEXs by Month. Source: Piscan

Sponsored

Sponsored

On January 9, more than 1.3 million Pi tokens were transferred to exchanges, pushing total exchange reserves to 427 million Pi. Higher exchange balances increase selling pressure. Combined with thin liquidity, this dynamic significantly raises the risk of further price declines.

Pioneers Suffer Losses After Trusting the GCV Theory

One of Pi Network’s most distinctive features is its two-value system. Holders recognize both the market price on exchanges and the GCV (Global Consensus Value), a theoretical valuation.

Supporters promote GCV as a fixed price of $314,159 per Pi, derived from the mathematical constant Pi (π). They encourage users and merchants to accept Pi at this valuation.

However, recent community reports indicate that several investors have suffered severe losses by following the GCV narrative, while Pi’s market price has fallen more than 90% from its peak.

The Pi-focused news account r/PiNetwork highlighted at least two such cases.

One example involves Taufan Kurniawan, who invested 50 million Indonesian rupiah (approximately $3,200) to open a shop serving Pi users. He accepted payments based on the GCV price and expected substantial profits. When the market price collapsed, the business failed, leaving him with heavy losses.

Pi’s prolonged price decline and weak liquidity are forcing Pioneers to make a difficult choice: continue holding and pursuing Pi’s long-term vision, or abandon the project altogether.

Source: https://beincrypto.com/pi-liquidity-crisis-deepens-early-2026/

Market Opportunity
Pi Network Logo
Pi Network Price(PI)
$0.14816
$0.14816$0.14816
-0.15%
USD
Pi Network (PI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Mystake Review 2023 – Unveil the Gaming Experience

Mystake Review 2023 – Unveil the Gaming Experience

Cryptsy - Latest Cryptocurrency News and Predictions Cryptsy - Latest Cryptocurrency News and Predictions - Experts in Crypto Casinos Did you know Mystake Casino
Share
Cryptsy2026/02/07 11:32
Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Strategic Move Sparks Market Analysis

Strategic Move Sparks Market Analysis

The post Strategic Move Sparks Market Analysis appeared on BitcoinEthereumNews.com. Trend Research Deposits $816M In ETH To Binance: Strategic Move Sparks Market
Share
BitcoinEthereumNews2026/02/07 11:13