PI

Pi Network Fundamentals (2025 Update)

The market capitalization of Pi Network ($PI) is currently around $4.3 billion, based on a circulating supply of approximately 7 billion tokens.
The Pi Core Team initially raised over $15 billion when Pi first launched at an initial price of around $3+ per token.
When we divide the initial circulation of Pi by the amount raised ($15 billion), it confirms that each $PI was valued around $3+ at launch.

Key Point:
The Core Team deliberately started Pi at a high valuation, knowing this was their biggest and final major fundraising move. As a result, there is no longer any strong internal "market dynamic" from the Core Team itself — it is now purely up to traders and market makers to drive Pi’s price action.

At this point, the Core Team has two main strategies:

1. Sell tokens gradually at higher prices to extract maximum value for holders.

2. Perform strategic buybacks during favorable market conditions, accumulating more strength before the real rally begins.

Unlike most crypto projects that start with low prices and rise over time, Pi Network started high and is naturally correcting lower.
This is why, in my professional prediction, Pi’s price could drop towards $0.1 before a major rally happens — if and when market conditions significantly improve.

However, because Pi launched from a high valuation, this ongoing accumulation phase (where stronger investors absorb the token supply from weaker hands) is critical. It prepares the project to fully capitalize on the upcoming bull market phase.
In short, Pi Network is strategically setting the stage for a powerful move — but only after liquidity is captured from current traders and market makers.

$PI #pi

After years of anticipation, PI finally debuted in February 2025 and surged, promptly reaching an all-time high price of $3 on Feb. 26.

However, the hype was short-lived. Since its high, PI has entered a steep downtrend, losing nearly 80% of its value.

Positive Pi Network news failed to push the price higher last week, and PI risks falling to a new all-time low.

Let’s examine the charts and see what lies ahead for PI in May.

Pi Network Mainnet Migration
On April 18, the Pi Network team announced the Mainnet Migration Roadmap and explained PI tokenomics and supply allocation.

The announcement drew an adverse reaction from the community because it did not provide specific time frames and updates regarding decentralized exchanges, applications, and utilities.

According to the roadmap, the team will prioritize initial and second-phase migration and then move to periodic ones.

It also clarified that the maximum PI supply is 100 billion tokens. So far, only a portion of that has moved to the mainnet, which is called the Effective Total Supply.

This supply will grow as more users join the mainnet and is based on the mining rewards. More specifically, this supply is 65% of all mining rewards and will go to the community.

Then, 10%, 5%, and 20% will go to the foundation, liquidity, and core teams.

PI Price Reaches Resistance
PI’s price pumped shortly after its launch but has fallen significantly since its all-time high of $3 on Feb. 26.

The token’s downward movement led to a low of $0.40 on April 5, an 87% decline from its all-time high.

However, PI created a bullish candlestick on April 5 (green icon) and has increased since, reaching the $0.75 resistance area.

The wave count suggests PI is in wave four of a five-wave downward movement (red).

If the count is accurate, PI will soon reach a local top and begin another decline to a new time low of $0.172.

Alternatively, a breakout and close above the $0.78 resistance area will invalidate this bearish PI price prediction.

If that happens, PI could increase to the 0.382 Fibonacci retracement resistance at $1.37.
#pi #PiCoreTeam