The Pi Network coin is a digital currency that is still in an advanced stage of development and has seen significant interest from users, especially after the open mainnet launch in February 2025. However, the cryptocurrency market, including the Pi Network, is highly volatile, making short-term recommendations (like the weekend) difficult and risky. Based on the available information, here is an analysis and general recommendations answering your question about whether the currency is facing pivotal days:
Current market analysis of the Pi Network coin
1 Current price and recent performance:
◦ As of May 29, 2025, the price of Pi Network coin ranges around $0.73220 to $0.77840, with a slight increase of 0.35% to 3.05% over the past 24 hours, according to some platforms like OKX.
◦ The currency has experienced significant volatility, with a recorded increase of 296.15% over the past seven days, but it has also faced notable declines, as reported in recent reports indicating a drop on March 2, 2025.
◦ The current market capitalization ranges around $5.31 billion to $5.65 billion, with a daily trading volume between $300 million and $600 million.
2 Influencing factors:
◦ Supply and demand: The influx of millions of new coins daily into the market puts pressure on prices, which could cause further declines if demand does not rise proportionately.
◦ Whale activity: Movements of large holders (whales) can significantly affect the price, especially in cases of large sales.
◦ Increasing adoption: The success of the Pi Network depends on its growing use in peer-to-peer (P2P) transactions and integration into payment systems.
◦ Challenges: Previous delays in launching the mainnet and criticisms that the project may resemble a multi-level marketing (MLM) model may affect investor confidence.
3 Short-term outlook (weekend):
◦ There are no accurate data indicating a significant expected movement during the weekend (May 31 - June 1, 2025). However, some experimental forecasts suggest a slight increase of 8.79% over the next week, reaching around $1.38 by June 19, 2025.
◦ The technical indicators are mixed, with some analyses suggesting neutral to slightly bullish expectations (19 bullish indicators vs. 8 bearish) based on mid-2024 data.
Is the currency facing pivotal days?
• Market volatility: Due to high volatility in the cryptocurrency market, the Pi Network may experience significant price movements at any time, especially if coinciding with major news such as protocol updates or listings on new trading platforms. However, there are currently no clear indicators suggesting that the weekend will be particularly pivotal.
• Potential factors: If events such as announcements about new partnerships, significant increases in demand, or movements from whales occur, noticeable changes could happen. But these factors are uncertain at this time.
Trading recommendations for the weekend
Given the lack of clear data on price movement over the next two days, here are some general recommendations:
1 Close monitoring:
◦ Monitor news related to the Pi Network, especially regarding partnerships or listings on major trading platforms like Binance or Coinbase, as these may affect the price.
◦ Monitor trading volume on platforms like OKX and Bitget, where an increase in trading volume indicates growing interest.
2 Risk management:
◦ Due to high volatility, do not invest more than you can afford to lose.
◦ Set a stop-loss at a low support level (like $0.70) to avoid significant losses in case of a drop.
◦ If you expect a short-term rise, consider setting a profit target at a resistance level (like $1.00 or $1.50).
3 Trading strategy:
◦ Short-term trading (Scalping/Day Trading): If you are an experienced trader, you can take advantage of small fluctuations (like 3-5%) using technical indicators such as RSI or Bollinger Bands.
◦ Holding: If you believe in the long-term future of the currency, holding might be a better option given the optimistic forecasts (such as $2.67 by the end of 2025 or higher by 2030).
◦ Avoid using leverage unless you are fully aware of the risks, as volatility can lead to significant losses.
4 Technical indicators:
◦ Support and resistance levels: The current support level is around $0.70, and the resistance level is around $1.00 or $1.50. Breaking any of these levels could lead to strong volatility.
◦ Overall impression: Mixed with a slightly neutral to bullish tilt, but a sudden decline is possible due to the influx of new coins.
Warnings
• High risks: The cryptocurrency market is highly volatile, and the Pi Network is still a relatively new project with challenges such as past delays and regulatory uncertainty.
• No financial advice: These recommendations are not investment advice. Conduct your own research and consult a financial advisor if necessary.
• Limited information: There is not enough data on price movement specifically during the weekend, so caution should be exercised.
Summary
The Pi Network coin may experience volatility over the weekend due to its volatile nature, but there are no strong indicators suggesting it will be pivotal days. The main recommendation is to monitor news and trading volume, use risk management strategies, and be prepared for sudden movements. If you are considering investing, think about your long-term and short-term goals, keeping in mind the high risks associated with this currency.