Shocking Truth About Pi Network’s Future: You Won’t Believe What Happens Next!

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Ah, the Pi Network! It burst forth like a firework on a summer night, only to fizzle out faster than a soda left open too long. This month, it has plummeted over 75% from its February high of nearly $3, now languishing at a mere $0.6894. A drop of 6% in the last 24 hours and a staggering 15% over the week—who knew digital coins could be so dramatic? 🎭

Pi Coin: The Eternal Struggle in a Bear’s Embrace

Currently, Pi finds itself trapped in a tight range, like a cat in a box, oscillating between $0.688 and $0.816. It hovers precariously above key support levels, as if daring the market to push it down. Despite the price dip, trading volume has surged by 42% in the past day, reaching $158 million. But wait! On-chain data reveals a sinister twist: rising exchange inflows suggest that more Pi is being prepped for a sell-off. A staggering 263 million Pi coins are set to be unlocked in June, followed by 233 million in July, and 132 million in August. Talk about a party crasher! 🎉

The coin’s trend remains as bearish as a grizzly in winter, with all key moving averages (10, 20, 50, 100-day EMAs and SMAs) perched high above the current price. The Bollinger Bands are tightening like a noose, and the MACD is as negative as a pessimistic philosopher. The RSI is neutral at 43.6, just like your friend who can’t decide where to eat. Unless Pi breaks through the $0.75-$0.78 resistance range, the next key support levels are $0.60 and $0.50. 🐻

If buying volume picks up, it might just retest the $0.85-$0.85 zone. But on the flip side, it could remain stuck between $0.70 and $0.76 through May 31, like a bad sitcom that just won’t end.

Will Pi Ever See the Light of $1 Again?

As the first half of the year draws to a close, Pi could face more selling pressure if fear and doubt grip the market. This could send the price tumbling to $0.58-$0.65 in the short term. According to CoinDCX, if buyer interest returns and volume picks up, there’s a glimmer of hope for a rebound toward the $1.00-$1.20 level. If momentum builds, it might even finish June at a dazzling $1.82. But let’s not hold our breath! 😅

The price of Pi will likely continue to decline until the end of August, after which it may slowly start to recover. I previously predicted it could drop to $0.40—unless the Pi Core Team becomes transparent. No investor wants to put money into something where the founders refuse…

— Dr Altcoin (@Dr_Picoin) May 28, 2025

However, our ever-optimistic analyst Dr Altcoin predicts that Pi’s price may keep falling through August, after which it may slowly start to recover. He had previously warned that it could drop to $0.40, unless the Pi Core Team steps up with more transparency. Because, let’s face it, who wants to invest in a mystery box? 🎁

In the long run, the Pi Network is striving to build value through its $100M Ventures Fund aimed at real-world use cases in fintech, gaming, e-commerce, and AI. But for now, the technical picture remains as bleak as a rainy day until demand picks up. 🌧️

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2025-05-30 08:37