🔹 Can Pi Coin Hit $100? Here’s How the Team Is Battling the Sell-Off
🔻 Pi Network’s Struggles
Pi Network (PI) is facing a tough time, with its price down 78.7% from its all-time high of $2.98. Currently trading at $0.63, the token’s steep decline is fueled by controversy, fraud allegations, and a wave of sell-offs. But could this be the turning point for Pi? Here's what the team is doing to turn the tide.
🛠️ Behind the Scenes: The Pi Core Team’s Strategy
Dr. Altcoin, a well-followed crypto expert, has offered some insight into Pi Network’s plan to stabilize the situation. According to Dr. Altcoin:
"The Pi Core Team is actively absorbing the excess supply flowing into centralized exchanges (CEXs) to ease the selling pressure and stabilize the token’s price."
This behind-the-scenes move is aimed at calming the market and restoring confidence. So far, the pace of PI’s decline has noticeably slowed, and the strategy may be showing early signs of success.
⚖️ The Catch: Is It Sustainable?
While the strategy of absorbing supply is helping prevent further declines, Dr. Altcoin raises a critical point:
Pros:
Eases market pressure
Gives the project time to regain momentum
Cons:
The team is spending resources to keep the price stable
If resources run out or the strategy becomes unsustainable, the sell-off could resume
This makes it clear: while the team is buying PI tokens to reduce selling pressure, this approach may only be a temporary fix.
📈 Technical Outlook: Can PI Reach $0.67?
Looking at price action, Pi has been consolidating around the $0.60 level and shows signs of potential growth:
PI recently broke above the 21-day Exponential Moving Average (EMA) — a common bullish signal.
If this trend continues, PI could rise to $0.67 as the token breaks through resistance levels.
🚫 Major Exchanges Still a Roadblock
A significant reason for Pi’s inability to climb higher is the lack of listings on large centralized exchanges like Binance and Coinbase. With PI not available on these major platforms, its liquidity and visibility are severely limited, making it harder for the project to recover in a meaningful way.
🧩 Long-Term Vision: The Path to $100
While a price target of $100 may still seem like a distant dream, this strategy of absorbing supply may be laying the groundwork for a longer-term recovery. However, the project must:
Regain public trust
Ensure transparency and security
Secure exchange listings
Focus on real-world utility and adoption
If the team can navigate through these challenges, a more sustainable rise could eventually follow.
💬 Key Takeaway
Pi Network’s immediate strategy to absorb excess supply is working to stabilize the price and prevent further losses. But for a true rebound — and to reach the long-discussed $100 target — the project must focus on long-term fundamentals like adoption, exchange listings, and investor trust.
