From plummeting prices to growing token unlocks to a frustrated community waiting for something bigger, this is the story of a coin at a crossroads. But wait, before you panic or cheer, we need to break down everything that's happening behind the scenes.
Is this just a temporary storm or a sign of something deeper? We're diving deep into Pi Network's price action, exchange movements, community reactions, and that one new initiative that's got people more confused than excited.
June 2025: A Month of Turbulence for Pi Network
June is here, but for Pi Network, it hasn't brought sunshine. It's looking more like a thunderstorm of confusion, sell-offs, and rising doubts. The past few weeks have been rough with Pi's price falling harder than most expected.
As of now, Pi is hovering around 60 cents, and it's been in free fall mode for 8 days straight. That's right, eight consecutive red candles dragging the price down by over 60% since it peaked in March.
It's a drop that has sparked serious conversations across the community, and everyone's asking, what's causing this crash? And more importantly, is there a way out?
Price Action Snapshot
| Metric | Value |
|---|---|
| Current Price | $0.60 (approx.) |
| Price Decline | Over 60% since March peak |
| Days of Consecutive Decline | 8 days |
| Local High Price (March) | $1.66 |
Pi Network Ventures: $100 Million Fund Announcement
Let's rewind a bit to where things started to shift. The core team dropped a major announcement recently, launching Pi Network Ventures, a $100 million fund dedicated to supporting projects within the Pi ecosystem. Sounds like a massive boost, right? Well, not quite.
The reaction wasn't what the team might have hoped for. Instead of excitement, what followed was a loud wave of disappointment from the community. Why? Because many had their eyes set on something else entirely — an exchange listing.
For months, users have been buzzing with hopes of seeing Pi finally make its debut on Binance, Coinbase, or maybe even Upbit. But none of those platforms have made a move, and with the open mainnet already launched, patience is wearing thin.
This letdown hit hard. Right after the announcement, Pi's price began to unravel. Investors feeling the weight of unmet expectations started moving their coins onto exchanges in large numbers.
Exchange Movement Data
- In just 24 hours, over 5.6 million Picoins were shifted from self-custody wallets to exchanges.
- Only 2.65 million Picoins were withdrawn from those same exchanges.
- This massive imbalance signals capitulation — people are giving up and selling.
This trend isn't new either. Over the past few weeks, exchange inflows have continued to outpace outflows. The writing's on the wall: more Pi is hitting the market, dragging the price down with it.
Token Unlocks: A Flood of Pi Tokens Entering the Market
But that's not the only pressure squeezing Pi from all sides. There's a storm brewing behind the scenes — quietly flooding the market with millions of coins.
Over the next 30 days alone, we're looking at more than 275 million Pi tokens becoming unlocked. That's right, 275 million worth around $176 million at current prices. That chunk represents about 5.31% of the total supply and is about to be released into the open market.
You don't need to be a crypto expert to know what that means. When a large number of tokens unlock and enter circulation, it's almost always bearish. It increases supply. And with demand currently weak due to all the selling pressure, it pushes prices even lower.
It's like trying to pour more water into an already overflowing glass. Something's got to give, and it's usually the price.
Also Read: Pi Network Price Forecast 2025-2030: Could Pi Coin Reach $1,000?
Centralization Concerns: The Elephant in the Room
On top of these market pressures, let's talk about one of the elephants in the room — centralization.
There's been growing unease about how much control the Pi core team still holds over the network. According to current data:
- There are only 27 active nodes supporting the network.
- Zero validators are currently active.
- Over 300 nodes are disconnected.
That's a big red flag, especially for a blockchain that wants to be known for decentralization and user empowerment.
But it doesn't stop there. The Pi Foundation itself reportedly holds over 92 billion coins spread out across more than 2,000 wallets. That's a massive share of the supply under centralized control, making some community members nervous.
In a world where decentralization is a badge of honor, this concentration of power is raising eyebrows.
Technical Analysis: Bearish Signs on the Charts
Now, let's bring it to the charts where the story gets even more technical. On the 4-hour time frame, Pi has been slipping down a steep hill, dropping from a local high of $1.66 to just 60 cents recently.
The token is trading well below the 50-period moving average, a sign that bears are firmly in control.
To make things worse, an inverse cup and handle pattern has formed — a classic bearish chart setup. If you're not into technical analysis, just know this: it's not a good sign.
The cup shows a rounded peak and the weak handle suggests another drop is likely.
If that happens, $0.5547 is the next key support. A break below could drag Pi toward 40 cents — bad news for both traders and longtime holders.
Key Technical Levels
- Current Price: ~$0.60
- Next Support: $0.5547
- Potential Drop Target: $0.40
- Moving Average Status: Trading below 50-period MA (bearish)
What Could Turn Things Around?
Still, there's potential. The $100 million Pi Network Ventures Fund could spark real adoption, but time is running out. Without faster growth and more utility, the market may move on.
The core team also needs to ease centralization worries by opening up validator access and being more transparent. A big exchange listing could flip the trend, but until then, it's a waiting game.
The next few weeks matter. The unlock schedule, the sell pressure, the technical signals, they're all pointing to turbulence ahead. If you're holding Pi, you need to be prepared for more volatility.
What Should Pi Holders Do?
So, what should you do? Well, that's the big question. Some will see this dip as a buying opportunity. Others might step back and wait for clearer signals.
Just remember, this isn't investment advice. It's about being informed, staying alert, and making decisions based on facts, not just hope.
Summary of Current Challenges
- Price Crash: Over 60% decline since March with 8 days of continuous drops.
- Token Unlocks: 275 million Pi tokens unlocking soon, increasing supply dramatically.
- Centralization: Only 27 active nodes, zero validators, and large Pi holdings by Pi Foundation.
- Community Disappointment: Lack of exchange listings despite open mainnet launch.
- Technical Indicators: Bearish patterns and price below moving averages.
Frequently Asked Questions (FAQs)
Is Pi Network's price expected to recover soon?
The price faces significant downward pressure due to token unlocks and sell-offs. Recovery depends on ecosystem growth, exchange listings, and adoption.
What is the Pi Network Ventures Fund?
It is a $100 million fund launched to support projects within the Pi ecosystem, aiming to boost adoption and utility.
Why is centralization a concern for Pi Network?
Because the Pi Foundation holds a large portion of the tokens and there are very few active nodes and no validators, which contradicts blockchain decentralization principles.
How much Pi is being unlocked soon?
Approximately 275 million Pi tokens, representing about 5.31% of the total supply, will be unlocked within the next 30 days.
Should I buy Pi during this dip?
Investment decisions should be made carefully and based on thorough research. This article is for informational purposes and not financial advice.
Final Thoughts
Pi Network remains one of the most watched crypto projects post mainnet. The community is strong, and the vision is big, but the market doesn't care about vision alone. It moves on utility, adoption, transparency, and demand. Right now, the Pi Core team has some serious work to do to bring all of that together.
In the middle of all this chaos, the future isn't written in stone. The actions taken in the next few weeks could either set the stage for a strong rebound or deepen the decline.
Stay informed, stay alert, and keep an eye on the developments. Whether you’re a long-time Pi pioneer or a newcomer, understanding these dynamics is crucial for navigating the road ahead.