Is Pi Network’s Token the Next Titanic? 🚢💔

TL;DR

  • In a shocking turn of events, Pi Network’s native token, which launched just over a month ago, is on a downward spiral, plummeting to a staggering $0.8 today. Who knew digital coins could bleed? 💸
  • Analysts on X are predicting further declines, despite the Pi community’s optimistic cheerleading. But hey, there’s always a glimmer of hope at the end of the tunnel—unless it’s just a train coming! 🚂
Pi Network Token Chart

PI Keeps Plunging

After what felt like an eternity of development, delays, and enough controversy to fill a soap opera, the Pi Network finally launched its Open Network and token on February 20. Initially, the PI coin was the belle of the ball, with its price doing the cha-cha for several days. It even waltzed up to $3, marking an all-time high. Bravo! 🎉

But alas, the party is over. Earlier today, the asset took a nosedive to $0.8 (on OKX), marking a monthly low. That’s a whopping 72% drop from its peak just a few weeks ago! It was once flirting with the top 10 altcoins, but now it’s struggling to stay in the top 30. Talk about a fall from grace! 😱

Crypto analysts on X are not exactly rolling out the red carpet for PI’s future. MOON JEFF, with his legion of followers, ominously predicted a drop to $0.6, claiming that’s the only support left. But don’t worry, he also mentioned it could bounce back to $5. Because who doesn’t love a good rollercoaster ride? 🎢

$PI is going to $0.6. That is the only support left. From there we are likely to see a pump towards the $5 mark. Holding strong and adding more is advised #PiNetwork

— MOON JEFF (@CRYPTOAD00) March 25, 2025

Andrew Griffiths, ever the optimist, predicts a drop to just $0.75. He believes this could be a golden buying opportunity, thanks to the creation of a Falling Wedge Pattern. Sounds fancy, doesn’t it? 🧐

Hope or Desperation?

Pi News, an X channel linked to Pi Network, has been churning out updates like a factory on overdrive. They’ve been talking about PI’s price movements and recently suggested it might head north soon—if only people would ‘participate in the construction of the PI ecosystem.’ Sounds like a call to arms, or perhaps just a desperate plea? 🤔

While some users are clinging to this as a beacon of hope, others are rolling their eyes, convinced it’s an act of desperation. Who can blame them?

Next, participate in the construction of the $PI ecosystem, and you will see that the price of Pi will fluctuate strongly as shown in the drawn line.

— Pi News (@PiNewsMedia) March 25, 2025

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2025-03-26 10:04