PI Network Unlocking Supply, Trump’s Liberation Day Tariffs, CZ’s Ted-Talk With AI Agents
Finally, we close the first week of (UP)rill, and here’s what went down the rabbit hole of crypto.
Crypto Bulls and Bears Of The Week
Top Gainers of the Week
- Pendle (PENDLE): Led the charge with a 10.99% surge; PENDLE’s price now stands at $3.11.
- Cosmos (ATOM): Gained 10.33%, and ATOM’s price moved to $4.75.
- Kaia (KAIA): Increased by 6.00%, and KAIA’s price reached $0.1105.
Top Losers of the Week
- Pi (PI): Slipped 14.32%, and PI’s price dropped to $0.535.
- Berachain (BERA): Lost 8.55%, and BERA’s price fell to $5.68.
- Toncoin (TON): Dropped 4.95%, and TON’s price settled at $3.49.
Who Ordered Extra PI? Pie Network Price Takes a Nosedive
Pi Network’s token price is scraping the bottom of the barrel again, currently at $0.5418 — far below its February low of $0.6152.
With over 126.6 million PI about to flood the market this month, the coin’s supply is ballooning faster than anyone can digest.
Related news: Pi Network's Price Shift, Cardano’s Latest, and XYZVerse's Explosive $13M Presale!
Alex Obchakevich of Obchakevich Research pinned the blame on excess supply outstripping demand, calling the monthly unlocks “inevitable.”
Another 1.54 billion PI will show up over the next year, averaging 133 million new tokens a month. Talk about a never-ending drop.
It’s again worth noting that the mainnet launch sparked listings on Bitget, OKX and MEXC, but that didn’t save PI from tanking.
Of course, there’s potential for a comeback if the network can build actual usage and keep users interested, but that’s becoming a tougher sell every month.
Pi’s referral-based structure and simple daily check-in sounds convenient, but skeptics aren’t biting.
Even ByBit’s CEO slammed the project as a scam, so buckle up — this “next Bitcoin” is teetering on hype overload.
Blame Trump's Tariffs For The Market’s Pulldown
Trump is trotting out his so-called “Liberation Day” with tariffs that have ended up clobbering American crypto miners.
Instead of real liberation, expect higher import taxes on critical Chinese hardware, bigger headaches at Customs, and a general supply chain circus.
Experts at CSIS and WOO X see operational costs soaring as miners scramble to buy ASIC rigs without blowing their budgets.
Smaller outfits risk going under while larger ones tread water, waiting for a break. Nobody’s excited about this rerun of the 2018 tariff fiasco.
Building ASICs domestically is the obvious solution, but let’s not pretend the US can crank them out tomorrow.
The CHIPS Act set the stage, but it’s hardly a fast lane to local production—especially for these specialized chips.
And for now, the great American crypto dream remains tethered to Chinese silicon.
If Trump slaps yet another levy on top of the current tariffs, say goodbye to competitive margins and hello to a possible relocation spree.
LIBERATION DAY RECIPROCAL TARIFFS 🇺🇸 pic.twitter.com/ODckbUWKvO
— The White House (@WhiteHouse) April 2, 2025
“Liberation” might look more like the exodus, with U.S. miners heading anywhere they can dodge massive import bills and bureaucracy.
Only the Coolest 0.05% AI Agents Need a Token: CZ Sets the Standard for AI Tokens
Changpeng Zhao’s latest jab at AI agent tokens is raising eyebrows among the hype-hungry.
He insists that 99.95% of these projects shouldn’t bother with a coin, but predictably, nobody wants to hear they’re wasting their time.
Hot take
— Satoshi Club (@esatoshiclub) April 2, 2025
95% of AI agents don’t need a token.
Wdyt?
Developers and investors love to whip up tokens for easy cash, but CZ points out that a fundraising frenzy without building a real product first will end in tears.
Cookie.fun data backs him up: the AI token market cap just sank another 10%, signaling that speculators have finally lost their taste.
Meanwhile, non-tokenized AI agents keep gaining ground because they actually solve real problems. With only 3% of AI agents crossing into Web3 territory, it’s clear that making something useful beats peddling a shiny new coin.
CZ’s message is simple: create functional AI or get left behind.
If that means skipping a token launch, so be it — the market’s already played its part in punishing the half-baked ideas.
HODL Team
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