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.
At first glance, this seemed bullish for the project and the long-term Pi Coin price prediction.
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.
Pi Coin Price Prediction: PI Could Hit a New All-Time Low If This Happens
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.