Is Pi Coin About to Rise Like a Bad Phoenix? You Won’t Believe This!

by

So here we are, staring at the Pi coin price like it’s the last piece of avocado toast in a hipster café. It’s slumped, folks. I mean, we’re talking about hovering near its all-time low while Bitcoin and its altcoin buddies are off having a fabulous time at the moon party. 🤷‍♀️

Let’s just take a moment to appreciate the magic of numbers. Pi Network (PI) has dropped a whopping 26% in the last 30 days. Say goodbye to millions, and hello to a market cap that’s now at a mere $3.4 billion. Well, that’s awkward. 😬

Now, despite the gloom, the token is trying really hard to wear a “bullish” cape. One of the silver linings is its new gig as an artificial intelligence token. The geniuses behind it rolled out Pi AI Studio, a tool that lets you whip up AI-powered applications faster than a barista can make your oat milk latte. ☕️💻

And here’s the pitch: Pi Network is all about supporting developers. They’ve decked out their ecosystem with .pi domains, an online wallet, and an advertising network. Basically, they’re giving you all the shiny toys to create and monetize applications. Just add sprinkle of luck! 🎉

Oh, and wait! They recently dropped a staking mechanism on Pi2Day, allowing you to stake your tokens like you’re a proud parent at a science fair. Pioneers and businesses are staking to support and promote their favorite Pi apps—ever heard of Fruity Pi or Maps of Pi? No? Well, it’s time to learn. 📈

But here’s the kicker—why has the Pi coin price taken a nosedive? Easy. Its supply is exploding like a bad Fourth of July show, with PiScan data showing we’ll unlock 130 million more coins this month alone. Yep, that brings our circulating supply to over 8 billion. No biggie. 🙃

On the bright side (and someone better cue the dramatic music), the pace of those pesky token unlocks is about to chill out. We’re only looking at 139 million in August, 117 million in September, and a mere 93 million in October. Don’t hold your breath, but it’s progress! 🌈

Plus, let’s not forget that if the crypto market keeps partying, Pi coin could also snag an invite. When Bitcoin gets its groove on, those cheaper altcoins often follow suit! Could this be a Cinderella story? 🥂

And the cherry on top? There’s a tiny flicker of hope that one or more exchanges might be brave enough to list it this year. Think big—like Binance or Upbit big. Who knows, they might just be waiting for the right meme to drop! 📅

Pi Coin Price Technical Analysis

Now, despite the chaos, the Pi Network price has been pulling together some serious bullish technical moves. Take a bow, because it’s formed a double-bottom pattern at $0.4087, the lowest swings since April and June. Bravo! 👏

But wait, there’s more! It’s also done a little dance and formed a falling wedge pattern—a classic bullish reversal. So, in layman’s terms: it’s likely to bounce back and have a go at retesting that psychological level at $1. Will it soar higher? Potentially! Just keep an eye on that neckline at $1.66. 💸

Read More

2025-07-16 17:22