#Pi

Trade now . . downtrend in coming 👍🙏❤💕💯😍💯💯👍🙏

𝙋𝙞 𝘾𝙤𝙞𝙣 𝙋𝙧𝙞𝙘𝙚 𝙋𝙧𝙚𝙙𝙞𝙘𝙩𝙞𝙤𝙣 – 𝘾𝙤𝙣𝙩𝙧𝙤𝙫𝙚𝙧𝙨𝙮 𝙀𝙧𝙪𝙥𝙩𝙨 𝙊𝙫𝙚𝙧 𝙉𝙤-𝙍𝙚𝙬𝙖𝙧𝙙 𝙎𝙩𝙖𝙠𝙞𝙣𝙜 𝙈𝙚𝙘𝙝𝙖𝙣𝙞𝙨𝙢: 𝙄𝙨 𝙋𝙞 𝙂𝙤𝙞𝙣𝙜 𝙩𝙤 $0?

Pi Coin (PI) has plunged by 19.2% in the past 7 days, as fallout from the highly anticipated “Pi Day” event continues to ripple through the community.

One key reveal was a new staking initiative dubbed the Ecosystem Directory Staking, where users can lock up their Pi to support favorite apps — with the most-staked apps rising in rank across the network..

But just a day later, the Core Team clarified that this staking mechanism would not offer any rewards to users — a major departure from typical staking models in crypto.

This decision sparked frustration among Pi’s community, who expected incentives in exchange for locking tokens, especially given how staking traditionally helps secure blockchain networks and drive adoption.

The Pi Core Team clarified that “it does not make sense” for the project to promote specific apps via staking rewards. In contrast, they encourage each protocol to provide the incentives they deem fit to encourage users to lock in their tokens

Upon hitting a local high of $0.66, Pi Coin started to decline sharply until hitting $0.4750 just four days after “Pi Day.”

Once again, the developing team failed to excite market participants while a rising circulating supply coming from daily token unlocks has kept pushing down the price.

Looking at the 4-hour chart, we can see that the $0.4750 level has cushioned a previous drop once already.

The price has closed with gains in the past 12 hours upon hitting that threshold. This confirms its relevance to market participants, especially if the latest 4-hour candle breaks above the token’s falling wedge formation. This would favor an upcoming push to the $0.57 area.