Pi Coin is losing momentum quickly. After a brief price surge around the recent 'Pi2Day', daily trading volume has dropped below $100 million, which is a major warning sign for bulls. Without support from whales and another wave of token unlocks approaching, Pi coin price prediction models are shifting to a bearish trend.
Pi is currently very close to its all-time low of $0.40 after failing to hold the $0.475 support level. Investors are starting to question whether the roadmap is timely enough to avoid further losses.
Whale Apathy and Decreased Liquidity: A Pessimistic Combination
According to CoinMarketCap, Pi Coin only had a trading volume of $46 million last Sunday, much lower than the 8-day average and significantly lower than the peak after Pi2Day. This not only indicates lower retail activity but also shows that whales are retreating from the $0.50 level.
Traders are also preparing for greater selling pressure due to the upcoming token unlock. Based on reports, it is expected that on July 10, Pi will release 14.6 million new tokens into circulation. This number will decrease to 10.6 million on July 11 and continue to decrease to 4 million on August 4.
This temporary oversupply condition could be a short-term drag unless compensated by stronger demand or a strong market sentiment recovery.
Pi Breaks Important Support Level: Will It Hold at $0.4?
On the chart, Pi has broken a significant support level at $0.475. Failing to reclaim this level indicates a lack of buying interest, especially with the RSI still below 50 on the 4-hour chart. The momentum remains bearish.
Community Reaction to Staking is Not Good
Additionally, officials report that the Core Team's implementation of non-reward staking during the recent Pi2Day was a major disappointment. Users can evaluate Pi's ecosystem applications but receive no tokens or time for doing so.
Unlike traditional staking, this model does not encourage participation. Some community members argue that the update does not provide utility or interactive value, making Pi's short-term outlook even worse.
Pi Coin Price Prediction: What’s Next?
Bearish Trend: If it fails to surpass $0.475 and unlock the tokens, Pi could drop to $0.40, in line with the RSI indicator and declining volume.
Sideways to Slight Recovery: If the unlock surpasses and volume exceeds $100 million, Pi could stabilize in the range of $0.475–$0.50.
Price Increase (Low Probability): A sudden spike in demand or adjusted staking momentum could bring Pi back above $0.50, but the current trend makes this unlikely in the short term.
Conclusion: What Will the Future of Pi Coin Be?
Looking ahead, it all depends on whether Pi can hold above $0.40. If so, a slow return to the $0.475 range could begin as the token unlock gradually decreases in early August. But if $0.40 fails, analysts warn of new lows, especially with no accumulation from whales and low community enthusiasm. Despite the bearish outlook, some long-term holders remain cautiously optimistic. However, currently, Pi coin price prediction models are struggling.