Pi Network (PI) is once again flirting with a decisive breakdown below the $1 level, trading at $0.94 at the time of writing. The latest price action shows mounting weakness, with technical indicators flashing bearish warnings across multiple timeframes.
The token, which briefly soared above $3 in early March, has since given up more than 65% of its gains, reflecting fading momentum and growing skepticism about its long-term tokenomics. Despite its vocal community, Pi remains unlisted on major exchanges, and current prices are based on speculative IOU contracts, adding further risk for retail buyers.
Even though Pi Coin’s trading structure is unusual, some public exchange data gives us enough to outline the current technical outlook:
The current dip raises valid concerns, but calling it a total collapse might be premature. The future of Pi Coin hinges on a few key developments:
Without these milestones, Pi risks fading into crypto obscurity—despite its large user base.
Crashing below $1 is a big psychological blow for Pi holders, but it’s not necessarily the end—yet. Until the Pi Network team delivers on its promises, the coin will remain in a speculative grey zone.
For now, investors should stay cautious and avoid overcommitting unless key updates are officially rolled out.
This post was last modified on Mar 24, 2025, 15:29 GMT 15:29