Pi Coin Price Prediction: 400% Below All-Time High, Another 50% Crash Looms, Say Experts
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Experts warn: The PI network can go on the way for a 50 -crash (representative picture).
The price for the PI network has overthrown almost 20% in the past two days and most recent profits triggered from the historical low of $ 0.38, Binance.com reported. PI is currently around 0.61 USD and has now declined by almost 400% compared to the all -time high.
According to Dr. Altcoin, an expert at Cryptocurrency, can continue to drop, possibly by another 35% to 50%. The main reason, he says, is an oversupply. “Too many new PI tokens are launching the market,” said Dr. Altcoin in a report recently cited by Binance.com. He notes that over 100 million PI coins alone will be issued this month and that the total supply of 2025 is expected to exceed 1.5 billion tokens. With such an influx and a limited purchase activity, the prices are driven down.
The lack of demand is also due to the fact that PI is not yet listed on large stock exchanges such as Binance or Coinbase, which restricts access for potential investors. This imbalance between supply and demand is a basic topic that influences price stability.
In order to counteract the decline, some experts suggest that the PI-Kernteam could consider token-burning strategies. According to reports, the foundation maintains over 70 billion PI coins, and reducing this offer could even support pricing. Others suggest burning part of the transaction fees within the PI ecosystem, a method used by other blockchains to treat inflation.
Technically speaking, PI also shows signs of weakness. Analysts indicate that the coin forms a descending wedge pattern that typically signals a bearish trend. If the price at 0.78 US dollars does not run over the resistance, it can fall back to 0.38 US dollars. However, a breakout could trigger a rally that Pi may push back to 1 US dollar.