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Tag: Pi Network (PI)

  • Pi Network (PI) Founders Answer Hot Questions: Are Pioneers Happy?

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    Pi Network’s co-founder Nicolas Kokkalis asserted that KYC and migration remain a top priority.

    Earlier this month, Pi Network celebrated the first anniversary of its Open Network launch.

    To mark the milestone, the co-founders of the controversial crypto project answered a series of questions to offer users more insight into Pi’s future strategy, approach, and current work.

    KYC And More

    The co-founders, Chengdiao Fan and Nicolas Kokkalis, started by praising the “incredible advances” in Pi Network’s activity, app development initiatives, and platform-level utility releases over the past year. Fan asserted that in the next 12 months, the team will focus on expanding its ecosystem by creating additional opportunities for users.

    Then they moved to the first question: what makes Pi Network different from other blockchains, and why does utility matter? Fan described Pi as “nonconformist,” emphasizing that it sets itself apart in several fundamental ways. She highlighted that the project has never conducted an ICO, is built on a mobile-first approach, is free to mine, and has already amassed tens of millions of verified users worldwide.

    From there, the discussion shifted toward Pi Network’s emphasis on real-world utility. Fan explained that Pi’s vision has always centered on enabling tokens to participate in genuine economic activity rather than relying solely on abstract financial mechanisms. In her view, this approach is reinforced by Pi’s fully KYC-verified user base, which the team considers essential for supporting real-world assets and meaningful value creation across the ecosystem.

    The next question, “What is the network working on now?” was answered by Kokkalis. He asserted that KYC and migration remain a top priority, adding that the team has started increasing KYC throughput, unblocking more users, boosting speed, and allowing second migrations.

    “We are also on track to roll out KYC validator rewards this quarter in a secure and scalable way. In terms of Developer tools and support, we’re supporting developers, lowering the barrier to building on Pi through improved tooling and simpler integrations, including new tools like much faster Pi payment setups, along with ongoing support to help developers launch and scale real utilities,” he added.

    Moreover, Kokkalis said the team will continue working on Nodes, protocol upgrades, and components like DEX functionality and liqduity pools.

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    Perhaps the most important question intriguing a large part of the community is the significance of the Know-Your-Customer process and what comes next. Kokkalis said the team has spent years building its KYC solution, explaining that because Pioneers are spread across the globe, the system needed to achieve broad geographic coverage and scalability.

    The co-founder added that the heavy investment in the function was intentional, as identity verification is important to the integrity and authenticity of the entire network. Looking ahead, he noted that the team intends to offer its KYC technology as a service to external projects, thus turning it into a capability that could support Web3 and traditional businesses.

    PI Tokens and AI

    Another question for the founders focused on clarifying what Pi ecosystem tokens actually are. Fan explained that those are coins created by the community and issued on Pi.

    “As many of you know, ecosystem tokens have already been released on Testnet, and we are finalizing their implementation on Mainnet. While technology and product are obviously important, we believe the most critical factor on Mainnet will be their design,” she added.

    Fan believes that the ability to issue tokens is an “important superpower” of Web3, yet she thinks many coins in the crypto space are designed with no real-world use.

    The last question focused on the fast-evolving Artificial Intelligence sector and how Pi Network plans to integrate that technology. Fan explained that AI is reshaping how value is created, making it essential for blockchain networks to support real-world production rather than rely on speculation. She stated that Pi’s strategy is to build AI-powered apps using tools such as Pi App Studio.

    Are Pioneers Satisfied?

    Judging by the comments under Pi Network’s anniversary announcement, plenty of users continue to struggle with major issues and urged the team to act more urgently.

    Some Pioneers claimed they’ve been waiting for five-six years to complete the necessary verification steps and migrate to the mainnet, yet still haven’t been able to do so. Others went even further, calling Pi Network “a dirty scam project.”

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    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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    Dimitar Dzhondzhorov

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  • Pi Network’s PI Dominates the Altcoin Market, Yet Bears See Storm Ahead

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    Painful decline or a bull run to $1: what is next for PI?

    Pi Network’s PI has been the best-performing top 100 cryptocurrency over the past week, with its valuation rising by almost 40%.

    Although some market observers foresee additional short-term gains, one factor could dampen their enthusiasm by hinting at a renewed decline.

    The Bears Are Coming Back?

    PI has finally managed to reverse its massive downtrend over the last several months, posting an upswing to as high as $0.20 just days ago. Currently, it trades at around $0.18 (per CoinGecko’s data), placing it well in green territory on a seven-day and two-week timeframe.

    With its market capitalization soaring to roughly $1.7 billion, the asset now ranks as the 47th-largest cryptocurrency. The evident recovery has put PI back in focus, making it one of the most-trending tokens on CoinGecko lately.

    The good days, though, may be coming to an end because the amount of coins stored on crypto exchanges has risen sharply. Almost 5 million PI have been transferred to such platforms in the last 24 hours alone, bringing the total to approximately 427.1 million. More than half of that is held on Gate.io, while Bitget ranks second with approximately 145.2 million tokens.

    PI Exchange Reserves, Source: piscan.io

    While the shift from self-custody to centralized exchanges doesn’t guarantee a price correction, it is often viewed as a bearish signal, as it could be interpreted as a pre-sale step.

    The aggressive token unlocks scheduled for the coming days should also serve as a warning to investors. Data indicates that daily figures will approach 15 million on several occasions before the end of February. After that, though, the process is set to slow down.

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    PI Token UnlocksPI Token Unlocks
    PI Token Unlocks, Source: piscan.io

    New Push From the Bulls?

    Contrary to the aforementioned factors, some community members believe PI is on the verge of a more serious surge in the short term. X user Pi Network Academy argued that the asset “is warming up for another big pump,” predicting an explosion to $1.

    For their part, Pi Global claimed that “momentum is building, utility is expanding, and community is stronger than ever.” That said, they wondered if the coin’s valuation could hit $0.50 before Pi Day. The date (March 14) is symbolic to Pi Network because it resembles the mathematical constant π (3.14).

    Earlier this month, X user Captain Faibik also chipped in. The renowned crypto analyst revealed they had added some PI for the midterm, expecting a 500% rally.

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    Dimitar Dzhondzhorov

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  • Pi Network Price Outlook for Week Ahead: Another ATL or Significant Rebound

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    What lies ahead for the PI token next week, according to Gemini.

    It was a painful week for most of the cryptocurrency market, but Pi Network’s native token found a way to dig another (actually several) hole.

    In the span of just 72 hours or so, the asset plummeted to numerous consecutive all-time lows. The latest anti-record came on January 29 at $0.1589 (CoinGecko data), which means that PI has lost 94.5% of its value since late February 2025, when it charted an all-time high at $2.99.

    Given its spectacular demise and most recent correction, we decided to ask Gemini about its take on the week ahead and whether there is any hope left for PI token holders.

    What’s Ahead for PI?

    Before it indulged in answering what the future holds for PI, the popular AI solution weighed in on the possible reasons behind its most recent crash. It noted that it’s a combination of factors, not all related to the overall market weakness. As an example, it said some whales and long-term project supporters have abandoned ship after years of failed promises and lack of actual development.

    “On-chain data and volume metrics suggest that the few “whales” (large holders of the IOU pairs) have stopped defending the price. Volume has dried up, leaving only retail panic-sellers.”

    On the actual question in hand, Gemini warned that another decline to $0.12-$0.14 is not entirely out of the question. After all, PI has lost all support levels on its way down, and there are no actual defense zones left.

    The Actual Warning

    Gemini was quite skeptical about PI’s future price performance, at least in the next week or so. It admitted that after such a profound price correction, the token might be due for an instant rebound to somewhere around $0.18. However, this is likely to be a “dead cat bounce” because of oversold RSI levels.

    A potential jump to those levels would allow the bears to “aggressively short” the asset, which will lead to an immediate and violent rejection that will “roll PI over to test $0.14 by the end of the week.”

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    “When an asset breaks an ATL, it typically drops another 15-20% before finding a temporary bottom. There is zero volume support below $0.16.”

    Consequently, Gemini warned investors who are considering buying the dip to wait for a few days for the dust to settle, perhaps to find support at $0.16, before investing.

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    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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    Jordan Lyanchev

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  • Pi Network Price Weekly Outlook: Will PI Finally Break Out of Stagnation?

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    PI has been trading sideways for over a month – will that finally break next week?

    Pi Network’s native token has performed rather differently than most other altcoins ever since its inception, perhaps because it’s a newer token with a trading history of under a year.

    For the past three months alone, it has maintained a relatively healthy price tag of over $0.20. Moreover, it even charted some gains during the broader November correction. However, it also failed to follow suit in the past week when the entire crypto market showed signs of revival and remained in a tight range between $0.20 and $0.22.

    The daily, weekly, and monthly scales paint a clear picture – they show little to no movement at the moment, which is highly untypical for an altcoin, especially one that had displayed massive volatility during its initial months of trading. Consequently, we decided to ask ChatGPT about its view on the matter and whether PI will finally be able to break out (or down).

    Breakout (Down) Chances

    The popular AI solution sees a 25% probability of a price breakdown in the week ahead. If such a bear case indeed takes place, its target would be a price drop to $0.18 or a potential retest of the early October all-time low of $0.172.

    It noted that such a nosedive “would likely reflect broader market weakness rather than PI-specific bad news – but it would still damage short-term sentiment.”

    In contrast, a bull week would place the token somewhere up to the $0.25 resistance, which was last challenged in November. It admitted that a rally of such proportions in the following days seems unlikely at the moment, especially since there’s no evident catalyst. Consequently, it placed the odds at around 20%, making it a less likely scenario than the breakdown above.

    Consolidation Endures

    Following a month of sideways price behavior, ChatGPT said this consolidation phase is the most probable scenario for the week ahead. It noted that the $0.22 resistance has rejected PI’s breakout attempts on a few occasions lately, while buyers have stepped up consistently when the token neared the $0.20 support.

    “This price behavior suggests indecision rather than distribution. Unless a fresh catalyst emerges, PI is likely to remain stuck between $0.20 and $0.22, frustrating traders looking for volatility while long-term holders continue to wait on ecosystem progress.”

    Ultimately, the AI platform said the probability of another dull trading week for PI is around 50-55%, unless there’s something major coming from the team. They recently published the first update of 2026, but it wasn’t followed by a sharp price move.

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    Jordan Lyanchev

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  • Pi Network (PI) Price Predictions: Here’s Why It’s Hard to Stay Bullish

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    “At some point, you have to ask if this is innovation… or just wasted time and opportunity cost,” one X user stated.

    Unlike many leading cryptocurrencies, Pi Network’s native token failed to post a substantial uptick in the opening days of the new year.

    It has been in a massive downtrend over the past several months, prompting some analysts to be quite bearish about the future. Meanwhile, certain indicators suggest a further pullback could be on the horizon.

    ‘Hard to Stay Bullish’

    PI currently trades at approximately $0.20 (per CoinGecko’s data), representing a minor 2% increase on a weekly scale and a whopping 93% collapse since the all-time high of $3 observed in February last year.

    X user pinetworkmembers, who has been quite critical of the project as of late, claimed it’s “hard to stay bullish” on PI at the moment. They noted that the asset had barely moved up when BTC bounced at the start of 2026, outlining several hurdles for the price.

    The main ones include the lack of support from a major exchange, “no real open mainnet,” unclear supply, centralized control, locked balances, and others.

    “At some point, you have to ask if this is innovation… or just wasted time and opportunity cost,” they added.

    The increased exchange supply reinforces the bearish outlook. Almost 1.8 million tokens have been transferred to centralized platforms in the past 24 hours alone, which is often considered a pre-sale step.

    As of now, more than 425 million PI are stored on exchanges, with roughly 52% of that amount held by Gate.io. Bitget comes in second with around 148 million coins.

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    PI Exchange Reserves, Source: piscan.io

    Something for the Bulls

    Some analysts refuse to wave the white flag, arguing that a resurgence could be knocking on the door. X user Vuori Trading claimed that PI has been breaking out from an eight-month downtrend, predicting the price might rise to $0.57 soon.

    Prior to that, Aman assumed that the asset had been “consolidating tight under key resistance after trending higher.” The market observer forecasted new peaks should the valuation surge above $0.215.

    The upcoming token unlocks also deserve to be observed. Over 130 million PI are scheduled for release in the next 30 days, as today (January 8) is the record day, with 5.3 million coins freed up. The average daily unlock is around 4.36 million, which is less aggressive than in previous months and could provide some short-term price stability.

    PI Token Unlocks
    PI Token Unlocks, Source: piscan.io
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    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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    Dimitar Dzhondzhorov

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  • Pi Network (PI) News: December 23

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    Holiday surprises and new updates – here’s the latest in the Pi Network world.

    The Pi Network Core Team remains active even as the Holidays quickly approach, and they have outlined a way to be more connected to their community during the upcoming Christmas season.

    Meanwhile, the underlying asset’s price has struggled to regain traction and is once again close to breaking below $0.20.

    PI Holiday Surprise and New Updates

    The Core Team made two separate announcements at the end of the previous business week. The first involved new updates for the Pi Network testnet decentralized exchange (DEX) and the Automated Market Maker (AMM).

    The most significant change was the shift toward PI-denominated liquidity pairs. This allows the project’s native token to be positioned as the primary base asset on the testnet exchange, mirroring models from other established DeFi ecosystems.

    The team said this should help Pioneers benefit from lower price volatility, reduced slippage during trades, greater resistance to manipulation, and clearer, more reliable price discovery. Pi Network’s team also outlined the refreshed DEX and AMM interface, which should simplify navigation and reduce friction for newcomers.

    The second big announcement was influenced by the Holiday spirit. The so-called Community Commerce Initiative aims to support small PI-based businesses, strengthen the real-world utility of the token, and make it easier for Pioneers to discover apps and merchants that accept it.

    App developers can create their own holiday deals, discounts, or various shopping activations, promote them in the PiFest Fireside Forum Channel, and handle their sales, fulfillment, and delivery directly with the potential customers. Users can browse the Pi ecosystem directory or the Fireside Forum to find participating merchants, shop through Mainnet commerce apps or at local PI-accepting businesses, and enjoy seasonal promotions.

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    The team said that 100 users will win branded shirts and hats, which will be fulfilled through a third-party provider with distribution available in more than 220 regions worldwide.

    PI on the Verge

    The aforementioned developments have not helped PI in trying to stay afloat during the Tuesday market-wide retracement. The asset targeted $0.21 yesterday but was stopped there and is now close to breaking below $0.20.

    PI managed to defy the overall market crash in late October and November, going toward $0.30, but that momentum is long gone. On a broader scale, PI has slumped by over 93% from its late February all-time high of almost $3.00.

    The average number of tokens scheduled to be unlocked in the following month has declined slightly to around five million. December 25 will see the biggest number of released tokens – almost nine million.

    Pi Token Unlock Schedule. Source: PiScan

     

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    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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    Jordan Lyanchev

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  • 1,200,000 PI Tokens in 24 Hours: Is Pi Network’s Price Ready for a Further Rebound?

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    Check out what can trigger a potential rally for PI.

    Pi Network’s team has been quite active lately, introducing interesting initiatives for the community and rolling out important updates.

    However, the price of its native token hasn’t managed to stage a decisive breakout and remains in red territory on both the weekly and monthly timeframes. One key factor, though, hints that a surge could be knocking on the door.

    Abandoning Exchanges

    Earlier this week, PI plunged to $0.19, but in the following days the bulls reclaimed some of the losses, and the price is now hovering around $0.20 (per CoinGecko’s data).

    While this might represent just a minor resurgence, the recent shift from exchanges towards self-custody methods suggests a more substantial pump could be on the way. Data shows that over 1.2 million tokens have left such centralized platforms in the past 24 hours, typically translating to reduced selling pressure.

    As of this writing, there are roughly 428 million PI situated on exchanges, with more than half stored on Gate.io. Bitget comes in second with 147.6 million assets.

    In addition, the upcoming token unlocks are less aggressive than those seen in the last few months. Nearly 165 million coins are set for release in the next 30 days, representing an average daily unlock of around 5.5 million units.

    PI Token Unlocks
    PI Token Unlocks, Source: piscan.io

    Some of PI’s die-hard fans remain optimistic and keep outlining bullish forecasts. Recently, X user Web3_Vibes suggested that the price could head north once it bounces off the support level around $0.192. Others have predicted scenarios where PI reaches the astonishing target of $100 and even beyond. That, of course, seems quite preposterous and even impossible as of now.

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    Some Community Members are Losing Patience

    Despite the optimism shared above, many industry participants are disappointed with PI’s negative performance. X user pinetworkmembers claimed the project began as an “ambitious idea” but has turned into “years of tapping a button, unclear timelines, shifting goals, and endless ‘coming soon’ updates.”

    “There’s still no solid utility, no open market confidence, and very little transparency about where this is actually heading. A strong community deserves real progress, not perpetual waiting and recycled promises,” they added.

    X user Pi Update also stands in the bearish corner. They claimed the token is “starting to look like a case study in hype outrunning execution,” adding that holders continue to wait for basic improvements such as clear tokenomics, real liquidity, and a use case that extends beyond the native ecosystem.

    In conclusion, the X user argued that vague promises from the Core Team and community enthusiasm can’t unlock the project’s full potential.

    “Until PI delivers independent price discovery and real-world utility, it feels less like a hidden gem and more like a project stuck between vision and viability,” they stated.

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    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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    Dimitar Dzhondzhorov

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  • Pi Network (PI) Price Predictions for the Week Ahead

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    PI has been among the top performers lately, can it continue?

    Pi Network’s native token has somewhat defied the monthly crisis in the cryptocurrency markets. It’s down by 3% but this is quite insignificant compared to other digital assets, such as BTC, ETH, BNB, and SOL, all of which have plunged by more than 15% in the same timeframe.

    On a weekly scale, PI has even climbed by 13%, which has positioned it as the 59th-largest cryptocurrency by market cap as of press time. Consequently, we decided to ask ChatGPT about what could lie ahead in the next week for the token.

    What’s Next, PI?

    Perhaps a significant portion of PI’s latest gains could be attributed to some of the updates announced by the team in the past few weeks. The first involved the Pi App Studio and aims to allow newbies as well as more advanced developers to enhance the editing procedures for their applications.

    Another one outlined earlier this week came in the form of a partnership between Pi Network and CiDi Games, which targets the gaming audience. Aside from these fundamental upgrades within the ecosystem itself, which are likely to impact the underlying asset, ChatGPT also highlighted the technical aspects of PI.

    It said that the token holds firmly above the first short-term support at $0.23, as buyers have “repeatedly stepped in during dips.” However, the key resistance remains around $0.26-$0.27, which was tested in October but didn’t give in for long.

    If it falls, ChatGPT said PI will head into a prolonged bull phase, with targets of up to $0.33 in the next week or so. Another rejection, though, could lead to a new drop to $0.20, especially if the $0.23 support cracks.

    Gradual Upside

    OpenAI’s solution believes PI is among the few altcoins that target “gradual upside” rather than explosive but short-term rallies, which have happened in the past but each resulted in a subsequent and violent correction.

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    It described it as “one of the most resilient tokens in the market, and technicals suggest it may continue outperforming other altcoins.” The most likely scenario for the following week would be a sideways trading phase between $0.24 and $0.28.

    The bull case envisions a surge to the $0.33 target mentioned above, while the worst-case scenario, unless there’s a black swan event, would be a dip to $0.23. For now, though, ChatGPT remains optimistic about PI’s future price moves, saying, “as long as it holds above $0.23, the path toward $0.28-$0.20 remains open.”

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    Jordan Lyanchev

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  • Pi Network’s PI Defies the Market Slump: Can Bulls Push It Higher Next Week?

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    PI is among the few altcoins in the green weekly now.

    The cryptocurrency market is in turmoil once again. Bitcoin led the losses on Friday with a massive nosedive to a six-month low of $94,000. Despite recovering a few grand since then, the asset is still more than 6% down weekly. ETH has slipped by 7% since last Sunday, while SOL has plunged by more than 11%.

    Although most other altcoins have posted weekly losses as well, there are a few exceptions. Aside from the high-flyer ZEC and a few more privacy coins, Pi Network’s native token is also 5% up since last Sunday, which is somewhat surprising given its performance since late February. The question that arises now is whether it will be able to sustain this move and even climb higher?

    Can PI Keep Pumping?

    Certain analysts believe so. As reported on Friday, a popular Pioneer claimed that PI has established a solid floor at around $0.20 and $0.22, which will help it consolidate before another leg up. They predicted that the asset might surge back to $0.29, which would represent a 75% increase from the current levels.

    We decided to ask around some AIs about their perspective on the matter. ChatGPT outlined the technical aspect and sort of agreed with the aforementioned prediction. It indicated that PI has formed a “higher-low pattern on lower timeframes, suggesting the start of a recovery trend if buyers manage to keep support intact at $0.20-$0.21.”

    The first resistance, according to OpenAI’s solution, is at $0.25, which is followed by the psychological barrier at $0.30. The latter capped PI’s rally on a few occasions in October. If broken, though, it could lead to another leg up to $0.35-$0.38, ChatGPT said.

    However, it admitted that this is a highly speculative scenario for the week ahead, especially in the current market conditions. As such, it also brought up a bearish scenario, in which PI loses momentum and slides below $0.20. The next major support will be at $0.18.

    “For now, PI remains one of the few altcoins showing relative strength amid a cautious market, with technicals favoring gradual accumulation rather than aggressive speculation,” concluded ChatGPT.

    Fundamentals

    Grok and Perplexity focused more on the fundamentals behind Pi Network, such as some of the recent updates introduced by the team. The former noted that these moves highlighted the Core Team’s efforts to strengthen the ecosystem, which should increase investor confidence. This is “something that analysts see as key for sustaining long-term value.”

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    Perplexity believes the most likely scenario for the week ahead is a sideways consolidation between $0.21 and $0.25, but it also mentioned two more volatile options. In the bull case, PI would peak at somewhere between $0.30 and $0.35 following a big news update. In the opposite scenario, PI could dump to $0.18 in case the broader market’s pullback worsens.

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    Jordan Lyanchev

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  • What’s Next for PI This Week? 2 AIs With Shocking Pi Network Price Calls

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    Here’s what ChatGPT and Perplexity think about PI’s price future.

    Pi Network’s native token went on an unexpected run at the end of October, skyrocketing by nearly 50% in days from $0.20 to nearly $0.30 before it corrected and returned to its starting point in early November. Its decline came alongside the rest of the crypto market, with BTC dipping below $100,000 and ETH erasing all YTD gains.

    Consequently, we decided to ask ChatGPT and Perplexity about their take on what’s to follow in the week ahead for PI, whether this volatility will continue, and whether it can hold the $0.20 support line.

    ChatGPT’s Predictions

    OpenAI’s chatbot solution outlined a few different scenarios for the week ahead. In the first, which it called “range first, then a squeeze,” it envisioned a mildly stable price movement around the current $0.21 level, with an upper boundary of $0.25.

    “Thesis: After a full retrace, PI typically chops in a value range before attempting a rebound. If buyers defend $0.20–$0.21, a reflex pop toward $0.24–$0.26 is likely.”

    Its second case is based on big news and updates coming from the Pi Network Core Team, such as the recent launch of Pi Node’s version 0.5.4. If there are such developments that could propel investors back to the PI scene, then the asset can bounce to $0.30 and beyond. However, if the team remains quiet and the overall market conditions do not improve, then the PI token might drop below $0.20 and test the ATLs of around $0.17.

    “Most probable weekly path: Stabilization above $0.20 and range trade $0.22–$0.26, with a 30–35% chance of a breakout attempt toward $0.30–$0.32 if sentiment improves.

    Highest realistic print this week (absent big news): ~$0.32.

    Downside risk guardrail: A firm break below $0.20 opens $0.18 (stop-hunt) before mean-reversion,” ChatGPT concluded.

    Perplexity’s Views

    ChatGPT’s rival provided a lot more volatile price predictions for the week(s) ahead. Its bear case envisions PI remaining sideways on November 8 but dropping hard in the following days to new all-time low levels.

    “-9.99% on Nov 9, -17.36% on Nov 10, falling to about 23% lower by Nov 12, 2025.”

    It concluded its bearish scenario with a prediction of a sustained price drop to under $0.15 by early December.

    However, it also outlined some highly bullish forecasts in case the Core Team indeed drops some big announcements and partnerships, and the overall market conditions improve dramatically over the next few weeks. In them, Perplexity set a massive target of $0.60 as early as this month, which would represent a 200% surge from current levels.

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    Nevertheless, it admitted that both of these cases are quite extreme and are less likely to take place. Perplexity’s most probable scenario sees PI entering a longer consolidation period at around $0.20, influenced by “market volatility and subdued sentiment.”

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  • Pi Network (PI) News Today: October 28th

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    PI’s price rebound was short-lived and the asset is back into red territory.

    Pi Network continues to advance its ecosystem, while the project’s native token has experienced significant volatility as of late. In the following lines, we will explore these topics in detail.

    The Latest Update

    Last month, Pi Network’s team revealed that the protocol will move from v19 to v23. The new version was described as “a custom Pi protocol, pulling upgrades from Stellar v23, adding new functionality and control.” Specifically, it will embed Know-Your-Customer authority to maintain the project as a KYC-verified blockchain, while offering a more “distributed, community-driven process.”

    Earlier today (October 28), several X users reported that Testnet2 v23 had been officially activated. They also outlined that the next step is the introduction of the Mainnet v24 / Stellar.

    The implementation of the upgrade ensures that all network nodes now operate under Protocol v23 (fully compatible with Stellar SCP). It also enables smart contracts and DeFi functionalities, synchronizes community dashboards and monitoring tools with the new network status, and establishes that all future governance proposals/votes apply to the upgraded version.

    Is the Hackathon Over?

    Another recent development related to the controversial crypto project is the Pi Hackathon 2025. The team launched the event towards the end of August with the primary goal of encouraging Pioneers to create real-world applications that expand the utility of the PI token.

    It also promised a 160,000-coin prize pool for the top eight teams. The Hackathon reached its halfway point a month ago and was supposed to end on October 15. However, Pi Network’s team has not yet unveiled its official conclusion or provided any updates since that deadline passed.

    PI Price Swings

    The project’s native cryptocurrency finally charted a substantial green candle on October 27, when the price shot up by double digits to almost $0.30. This happened at a time when the broader crypto market experienced a revival, but today things are much different. PI headed back south and is currently worth around $0.23 (per CoinGecko’s data), representing a 7% daily decline.

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    And while the hard-core fans of the asset believe a rally into uncharted territory remains possible in the future, some factors suggest a further short-term pullback is also on the table. The tokens scheduled to unlock over the next 30 days, for instance, are above 120 million. This will allow people to offload holdings they have been waiting for a long time, thereby increasing selling pressure.

    PI Token Unlocks
    PI Token Unlocks, Source: piscan.io

     

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  • We Asked 4 AIs if Pi Network (PI) Can Hit $1 This Quarter: The Answers Will Shock You

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    “Realistically, expect sideways trading or modest gains to $0.30 – $0.40 if catalysts align, or dips to $0.15 – $0.18 on continued selling,” Grok stated.

    Pi Network’s PI is among the worst-performing cryptocurrencies over the past several months, and even its devoted community has begun to lose hope of a substantial rebound anytime soon.

    However, we decided to add a bit of positivism and asked four of the most popular AI-powered chatbots whether a rally to $1 is possible this quarter.

    ‘A Big Stretch’

    PI currently trades at around $0.20 (per CoinGecko), representing a 30% decline on a monthly basis and a massive collapse from its all-time high of $3 registered in February this year. According to ChatGPT, rising to $1 before the end of 2025 is not entirely impossible but “a big stretch.”

    The chatbot estimated that reaching that milestone would require major catalysts, such as mainnet milestones and official listings on leading crypto exchanges. Perhaps a green light from Binance could trigger a significant rally. Earlier this year, the company asked its users whether they wanted to see PI available for trading on the platform. Despite the majority picking the “yes” option, it has remained silent on the matter.

    Grok also claimed that hitting the $1 mark during Q4 would be extremely difficult. The chatbot built into the social media platform X argued that this is only possible in the event of major partnerships between Pi Network and renowned industry players and broader market euphoria.

    “Realistically, expect sideways trading or modest gains to $0.30 – $0.40 if catalysts align, or dips to $0.15 – $0.18 on continued selling. PI’s strength lies in its community (biggest edge over rivals), but it needs proven utility to sustain value,” it added.

    Google’s AI chatbot Gemini sees little chance, too. It considers a small probability of PI soaring to almost $0.50 during Q4 and describes the $1 target as “a very optimistic case.”

    Gemini outlined the constant token unlocks as the primary hurdle for a price expansion. Data shows that over 120 million PI will be released in the next 30 days, giving investors the opportunity to cash out and thus potentially drag the valuation down.

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    PI Token Unlocks
    PI Token Unlocks, Source: piscan.io

    Not a Chance at All?

    Perplexity seems to be the biggest pessimist, predicting that PI won’t reach anywhere near $1 this quarter. It noted that the overall sentiment and technical indicators are not in favor of such a rally, claiming that a price in the range of $0.18 – $0.26 is more likely to be observed.

    On the other hand, Perplexity estimated that PI has long-term potential, forecasting that its valuation could rise in the coming years.

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  • 3 AIs Speculate on Pi Network Price Predictions for the Week Ahead

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    What’s next for PI after another weekly closure in the red.

    It’s safe to say that the launch of Pi Network’s native token has hit quite a few roadblocks, as the asset peaked at just under $3.00 days after it officially began trading but tumbled by more than 93% in the following months to an all-time low of $0.172 marked last weekend.

    Although it tried to recover some ground in the following days, the Friday market-wide correction pushed it south once again, and it is currently fighting to stay above $0.20. Here’s what ChatGPT, Grok, and Gemini predict about its performance in the week ahead.

    What’s Next for PI?

    From a top 20 altcoin by market cap to barely remaining in the largest 80 club, PI has experienced its fair share of price collapses. Unfortunately for the Pi Network investor base, the three AIs did not give much hope for the asset’s performance in the following seven days. However, this might not be entirely its fault, as the entire market has been struggling for over a week now.

    In terms of technical markers, Grok noted that the first line of defense for PI is the recent all-time low at around $0.17-$0.18. If that support is breached, there are no historical levels that can support it on the way down. On the more positive side, though, it said that the RSI is heavily oversold (well below 30), which could result in a “short-term relief rally.”

    However, PI needs to see some more (buying) volume, as the current weak levels display “low speculative interest.” According to Gemini, PI can initiate a more substantial rebound only if it reclaims the first key resistance zones at $0.22 and $0.24, where it was rejected earlier this week.

    Still Bears’ Country

    ChatGPT was predominantly bearish on PI’s short-term price performance. It asserted that the adverse price moves are likely to continue in the following days, putting a 60% chance for a bearish continuation.

    “If $0.20 fails to hold, sellers could push PI toward a new low between $0.15–$0.17.

    Thin liquidity means even small sell orders can trigger sharp dips.”

    Consequently, the chances for a quick rebound are lower – somewhere around 25% to 30%, while a price stabilization and consolidation at these levels have a 15% probability, according to the OpenAI solution.

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    “Expect continued weakness and possible new lows before any meaningful rebound. Without fresh momentum or external listings, PI will likely trade between $0.17–$0.23 next week, reflecting a fragile and speculative market phase,” ChatGPT noted at the end.

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  • Will Pi Network’s Price Dump to Another Low Next Week? ChatGPT Issues Crucial Warning

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    It’s safe to say that Pi Network’s native token has not enjoyed its first several months after the long-awaited official launch in late February 2025. After a spectacular rally to a new all-time high of almost $3.00, the asset has been in a free-fall state ever since, with a few brief and negligible deviations.

    It continues to dig new lows, and the latest came during the market-wide crash on Friday when it dropped to a fresh ATL of $0.172, according to CoinGecko. This means that it has dumped by over 93% since its aforementioned peak.

    What’s Ahead for PI?

    While the macro trend is more than obvious for PI, let’s try to highlight a few positives for the bulls and see what ChatGPT believes will be next for its price performance. For instance, a development that could be regarded as bullish, or at least not as bearish as it used to be, is the declining number of tokens set to be released in the following month.

    As reported on Friday, PiScan data shows a substantial slowdown in this metric, which could ease the immediate selling pressure. Nevertheless, ChatGPT isn’t too optimistic about PI’s future price performance.

    It noted that the overall market sentiment around Pi Network’s token remains “mostly bearish” as the community enthusiasm fades following months of limited ecosystem growth. The trend was categorized as “deeply bearish” with no strong support levels left, and every bounce is met with selling.

    The AI solution indicated that the probability of a bearish continuation exceeds 60%, while the chances for a temporary rebound are somewhere around 25%-30% in the following week. A more profound price stabilization is unlikely to happen soon, and ChatGPT set the odds at 10% to 15% max.

    But What If…?

    While the overall odds, landscape, and ChatGPT’s projections are quite worrisome for Pi Network investors, there’s always the chance of a surprise in the financial markets. After all, Warren Buffett once said that you should be greedy when others are fearful, as the markets typically move in the opposite direction of what people expect.

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    For such a price reversal to occur in Pi Network’s native token, a catalyst is necessary. ChatGPT believes that this could come from hype around the Hackathon, which is scheduled to conclude in the following week, or that any of the recently implemented updates can finally catch up and propel a price surge for Pi.

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  • Pi Network Warning: Hack Fears Grow After Dubious Post on X

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    Is there a cause for concern?

    A recent post on X (formerly Twitter) raised suspicion that the co-founder of Pi Network, Nicolas Kokkalis, might have become a victim of a hacking attack. In the following lines, we will examine what happened and what every member of the community needs to know.

    Hack or Not?

    Earlier this week, one of Pi Network’s co-founders, Dr. Chengdiao Fan, announced that the project has deployed new decentralized exchange (DEX) and automated market maker (AMM) liquidity pool features to its blockchains. The tools (initially available only on Testnet) allow Pioneers to experiment directly with token swaps and provide education about DeFi before participating on Mainnet and interacting with real PI tokens.

    The update stirred huge enthusiasm across the community, with many members flooding X to celebrate the news. One dubious account, which is not the official one behind the crypto project, also highlighted the key benefits of the development.

    Interestingly, Pi Network co-founder Nicolas Kokkalis forwarded the post, sparking speculation that hackers may have breached his X account.

    PI users are strongly advised to stay cautious and avoid falling for misleading updates or unverified announcements. To stay safe, they should rely exclusively on trusted sources of information, such as the official Pi Network account on X and other confirmed communication channels managed by the team.

    PI Price Outlook

    Despite the big Pi Network update and the substantial resurgence of the crypto market, Pi Network’s native token remains in red territory. It has plummeted by 25% on a monthly scale, currently trading at roughly $0.26 (per CoinGecko’s data).

    PI Price, Source: CoinGecko

    Many community members have started to lose hope that the asset can reclaim its peak levels witnessed at the start of 2025, whereas some important metrics suggest that the pullback might intensify in the short term.

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    The amount of tokens stored on crypto exchanges continues to rise, which increases the selling pressure. On top of that, millions of coins are set to be unlocked over the next 30 days, giving investors an opportunity to cash out.

    PI Token Unlocks
    PI Token Unlocks, Source: piscan.io

     

     

     

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  • Big Pi Network (PI) Update Every Pioneer Needs to Know

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    Check out the latest developments surrounding the Pi Network ecosystem.

    The team behind the controversial crypto project Pi Network continues to advance the ecosystem by integrating new features and opportunities for users. The latest ones will allow the community to build their own DEX and AMM interfaces.

    Still in Testing Phase

    Dr. Chengdiao Fan (one of Pi Network’s co-founders) announced during the crypto conference TOKEN2049 in Singapore that the project has deployed new decentralized exchange (DEX) and automated market maker (AMM) liquidity pool features to its blockchains. They will enable developers and Pioneers to experiment directly with token swaps, liquidity pools, and other tools. Fan revealed that the features have been rolled out only on Testnet, and after the testing period, they will be accessible on Mainnet:

    “Mainnet restricts this functionality for now, but the interface in the Pi Wallet will display these options and link users to the Testnet environment. These features are innate on the protocol level of the Pi blockchain and allow the community to build their own DEX and AMM interfaces.”

    In addition, Fan explained that these tools will also enable Pioneers to educate themselves about DeFi before directly participating on Mainnet and interacting with real PI tokens.

    Following the latest update, developers can test coins on the Pi Testnet blockchain. Documentation explaining the entire process will be released in the coming weeks.

    The creation of tokens is crucial for these features to function properly. Developers are allowed to produce coins on the Pi Testnet blockchain, while such functionality is similarly restricted on Mainnet during the testing period.

    The End of the Domains Auction

    In mid-June, Pi Network’s team unveiled the .pi Domains Auction: a bidding event that enables Pioneers to acquire unique names, replacing long addresses consisting of numerous letters and numbers.

    The initiative officially concluded on September 30, and no new bids will be accepted after that date. However, the team explained that if a domain receives a bid within the last 24 hours of the auction, the window will automatically extend for another 24 hours.

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    “If another bid occurs in the extended window, it will extend for an additional 24 hours, and so on. This rolling extension mechanism is as defined in the original Auction rules, and it ensures fairness for all Pioneers actively participating. At the close of the specific domain auctions, winning Pioneers will secure their bids for the domains they pursued.”

    The conclusion of the auction will be followed by a data review phase that will last approximately two months. After that, eligible users can start claiming their domains.

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  • Pi Network Drops Massive Update – Every Pioneer Must See This

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    TL;DR

    • Pi Network introduced a new solution that could speed up the verification process.
    • PI reportedly made its debut on the Solana blockchain. However, the token’s price remains in red territory for the day and far away from its peak levels observed earlier this year.

    The New Feature

    The team behind Pi Network unveiled Fast Track KYC – a new feature designed via further integration of AI in the Know-Your-Customer process. Pioneers and non-users are allowed to complete it to participate in the Mainnet ecosystem “earlier than ever before.” 

    “This update builds on Pi’s expansion of wallet activation eligibility – where KYC’d individuals can now activate wallets even before completing Mainnet migration – and continues the network’s mission to increase accessibility while maintaining strong security standards,” the announcement reads.

    With a Mainnet wallet activated, new Pioneers can engage with various Pi Network-related applications, local commerce, and ecosystem events. Nonetheless, Fast Track KYC does not enable Mainnet migration, and mined balances will not be transferred until the user is fully eligible and completes the mandatory checklist. 

    Still, the newly introduced feature marks a significant milestone for Pi Network since it allows quick wallet activation to verified users. Thus, the project’s third-party provider, Banxa, is no longer the only solution that offers onboarding options. 

    Fast Track KYC supports Pi Network’s ultimate goal of creating a utility-driven digital ecosystem powered by verified real users. 

    “By enabling new Pioneers to participate earlier, this feature expands the ability to engage a larger verified audience, which supports developers and accelerates the use and testing of ecosystem apps,” the team added.

    How Does it Work?

    New users of Pi Network are required to complete at least 30 mining sessions before being allowed to submit a standard KYC application. The team admitted that this created a “natural delay” between joining the network and interacting with the Mainnet ecosystem.

    Fast Track KYC removes that barrier and allows users with fewer than 30 mining sessions to pass an early identity verification process and activate their Mainnet wallet.

    “If eligible, users will see this option directly within the Pi Wallet app, allowing them to begin KYC and, once verified, gain immediate access to the Pi Mainnet wallet and its utilities,” the disclosure says. 

    PI and Solana?

    The updates surrounding the controversial crypto project don’t end here. Earlier today (September 19), the X user MOON JEFF claimed that PI has officially made its debut on the Solana blockchain. 

    “With Solana’s lightning-fast transactions and scalable ecosystem, this marks a historic milestone for Pi Network,” he said.

    PI’s price did not capitalize on the good news, charting a minor decline of 0.5% on a 24-hour scale. Currently, it trades at around $0.35, representing a significant 90% decline from its all-time high of $3 reached at the start of 2025.

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  • Important Pi Network Reminder: Don’t Miss This Key Ecosystem Feature

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    TL;DR

    • The .pi Domain Auction aims to provide pioneers with personalized options for easier identity and app access.
    • PI’s price continues to struggle, sliding to about $0.33. The upcoming token unlocks and the increased amount of coins stored on exchanges intensify the selling pressure, though rumors of a potential Coinbase listing keep hopes for a rebound alive.

    Information About the Upcoming Feature

    The team behind Pi Network issued another announcement regarding the .pi Domain Auction. It reminded that the platform-level utility “directly harnesses the collective resources of the Pi community,” including its attention and authenticity. Having said that, the developers expect the campaign to be successful. 

    The auction is a bidding event that will enable Pioneers to acquire unique .pi domain names. These will replace the users’ long addresses, consisting of numerous letters and numbers, and will be similar in concept to .eth (Ethereum Name Services) and .bnb (BSC Name Services). 

    “Designed for active use, .pi domains become recognizable access points for apps in the ecosystem, making it simple for others to find, use, and share,” the team said

    Earlier this month, Pi Network reminded Pioneers that the auction has been extended to September 30, 2025, allowing them more time to innovate, build, and bid for their applications. 

    The latest disclosure was met with mixed feelings. Some community members argued that the crypto project has much bigger problems to solve rather than focus on such a development. Others, though, praised the initiative, claiming it can generate more trust if delivered on time. 

    PI’s Price Decline

    Despite the frequent developments surrounding the controversial project, the price of the native token has continued to sink. During the latest correction of the cryptocurrency market, PI plummeted to a new all-time low of roughly $0.33, representing a staggering 90% decline compared to the historical peak of around $3 witnessed in February. 

    Factors like the multi-million token unlock scheduled for the next 30 days and the rising amount of coins stored on crypto exchanges increase the selling pressure. 

    Contrary to the bearish landscape, there are still optimists who believe PI could reclaim its former peak and even surpass it. Additionally, there have been increased rumors that Coinbase may soon offer trading services for the asset. Such a move will most likely trigger a significant price surge, but as of this writing, there is no official announcement.

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  • Pi Network (PI) Plummeted to a New All-Time Low: Is The Worst Yet to Come?

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    TL;DR

    • PI is down nearly 90% from its ATH witnessed in February, with some analysts foreseeing more downside if the current support breaks.
    • Nearly 170 million PI tokens are set to unlock in the next 30 days, while exchange balances already exceed 416 million coins, raising fears of further sell pressure from holders eager to cash out.

    New Record Low

    The native cryptocurrency of Pi Network has experienced a significant decline over the past several months, and the latest correction in the crypto market has only made things worse.

    Just a few hours ago, its price plunged to $0.33, which was the lowest point since the asset began trading. Moreover, its market capitalization tumbled to approximately $2.6 billion; thus, PI is no longer among the 50 largest cryptocurrencies.

    PI Price
    PI Price, Source: CoinGecko

    Some analysts believe a further drop is not out of the equation. One popular X user predicted that losing the $0.33 support level might result in more pain for the bulls. On the other hand, if the price stays above that zone, it may spark accumulation and a potential liftoff to $0.85. 

    Despite PI’s evident downfall, incredibly optimistic forecasts still exist. The X user “open mainnet” urged investors to hold their coins and buy when the price is “favorable.” They even forecasted that the valuation could reach the ridiculous $100.

    There’s nothing impossible, but such a target can undoubtedly be described as a miracle considering PI’s unsatisfactory condition and the fact that its market cap should explode to almost $800 billion. As of this writing, the only cryptocurrency with a higher capitalization is Bitcoin (BTC), while Ethereum (ETH) comes in second with less than $550 billion.

    The Bearish Factors

    The upcoming unlocks of PI (which slowed down at one point in August) are once again expected to pick up. Over the next 30 days, almost 170 million tokens are scheduled for release, with September 2 being the record day, when 13.7 million coins will be freed up.

    PI Token Unlocks
    PI Token Unlocks, Source: piscan.io

    The development does not guarantee a max exit but gives investors the chance to offload assets they have been waiting for some time.

    Additionally, the amount of PI stored on cryptocurrency exchanges continues to rise. Data shows that more than 416.2 million tokens are held by such platforms, with Gate.io leading the way with almost 200 million. The rising figure could be interpreted as a worrying sign by bulls, as it increases immediate selling pressure. 

    The post Pi Network (PI) Plummeted to a New All-Time Low: Is The Worst Yet to Come? appeared first on CryptoPotato.

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