Pi Network Update: Will PI Finally Break Free or Keep Snoozing?

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Ah, the Pi Network-like a soap opera that just keeps on going. Frequent twists and turns, a cast of characters you can’t quite trust, and plots that seem to never end. Let’s take a look at the latest drama unfolding.

In this episode, we’ll dive into the price performance of the native token, PI, and explore whether it has any shot at a quick comeback. Spoiler alert: the odds are… questionable. But we’re hopeful, right?

‘Turn Your PI Into Power’ (Because, Why Not?)

Enter PiBridge-just another Pi Network spin-off designed to offer exclusive services to the PI community. This time, it’s P2P lending. Sounds fancy, doesn’t it? Now, you can put your PI holdings to work by using them as collateral, borrowing stablecoins, or lending to make a nice little return.

“Your PI doesn’t have to sleep anymore,” PiBridge proudly proclaimed. (Because, of course, your PI was just lying there doing absolutely nothing before.)

And the team assures us that this is merely the first step toward something even grander-PiBridge Neobank. It’s almost like a Pi-powered banking revolution, but you know, in their own Pi-flavored way.

Meanwhile, Pi Network has been busy tinkering with its AI-powered Pi App Studio. In mid-October, they launched some shiny new updates that allegedly make app creation easier and more customizable. The goal? To make sure even your dog could make a dApp without learning to code. (Okay, maybe not that easy, but close.)

Pi App Studio debuted on June 28-an event forever known as Pi2Day in Pi history-aimed at allowing users to create decentralized applications (dApps) without any technical skills. The fact that we’re still talking about it might be a good sign… or a bad one. Who’s to say?

And let’s not forget about the Pi Hackathon 2025! While it was supposed to wrap up on October 14, Pi Network’s team has left us all hanging. No one really knows when or if it’s actually over, but hey, developers are still out there trying to create real-world applications. Because nothing says “useful” like a blockchain-based calculator. 😏

PI Price Outlook: From Hero to Zero?

Now, onto the hot mess that is PI’s price. Just a few hours ago, the price crashed to a meager $0.19-quite the gut punch for anyone holding onto the dream of a moonshot. But don’t worry, the entire crypto market surged back, and PI is now comfortably hanging above $0.20. Still, that’s nothing to write home about.

But hey, at least it’s not worse, right? The price is down 26% in just one month and has tanked an eye-watering 93% from its peak of $3 earlier this year. Ouch.

However, let’s talk about the silver lining-or maybe it’s just shiny fool’s gold. Two key things could signal a possible rebound. First, the amount of tokens sitting on exchanges has plummeted. Over a million coins left centralized platforms in the last 24 hours alone. Investors are apparently opting for self-custody. Let’s just hope that means they’re planning to hold and not just panic sell in the near future.

Second, PI’s Relative Strength Index (RSI) is hovering around 30. For all you technical analysis buffs out there, that’s considered oversold, meaning it could be due for a bounce. Of course, RSI can be wrong-just like your friend who swears they know the best restaurant in town and takes you to a place with cold fries.

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2025-10-23 13:36