The Current State of Pi Network Token Price
The price of Pi Network’s token, Pi, has seen some fluctuations recently, dropping from $0.52 to around $0.45. This kind of pattern, where a coin pumps quickly and then pulls back, is common in crypto markets, especially during a consolidation phase. The trading volume of Pi is also decreasing steadily, which is typical during a cooling-off period.
Key Insights from Analysts
Analysts note that Pi is holding steady at the critical $0.40 support level, despite the upcoming unlock of 276 million PI tokens between June 28 and July 15, 2025. The fact that the price hasn’t plummeted further with the influx of new tokens is a positive sign for the token.
Crypto analyst Dr. Altcoin suggests that Pi has been hovering around the $0.40 range for over a week now and is unlikely to drop much lower. With the rate of new token unlocks expected to decrease by 30% towards the end of August, July and August could represent the lowest price levels for Pi before a potential upward trend.
Potential Price Targets and Breakout Scenarios
There is speculation in the crypto community that if Pi can break above the descending price channel it’s currently in, it may target new price levels such as $0.98, $1.38, and even $1.67 in the upcoming months. A breakout above $0.60 could signal this move, paving the way for a possible rally towards the coveted $1 mark.
Development of the Pi Ecosystem
Behind the scenes, the Pi ecosystem continues to evolve with new apps and projects that are gradually introducing real use cases for the token. While the increase in available coins may be keeping the price subdued in the short term, experts believe that this strategy will ultimately strengthen the ecosystem in the long run.