**🚨 Pi Network at a Crossroads: Can It Recover From the $1 Battle?**  
**📉 From $2.98 to Sub-$1: A Rocky Start**  
Pi Network’s mainnet launch in February 2025 saw a meteoric rise to $2.98, but the token has since plummeted **75%**, struggling to hold $1 amid bearish pressure. Despite a loyal 5-year community, issues like **KYC delays**, **locked coins**, and **lack of Tier-1 exchange listings** (Binance, Coinbase) have eroded confidence.  
**🔍 Transparency Concerns & Exchange Listings**  
With a **$5B+ market cap**, Pi remains one of the few top-30 cryptos unlisted on major exchanges. Analysts speculate this stems from the team’s **opaque token management**, including unclear supply controls and unverified wallet movements (e.g., 12M PI tokens shifted during price peaks). Exchanges demand auditable data—Pi’s lack of transparency may be the blocker.  
**💡 Empty Promises?**  
- **No DeFi Apps**: Despite pledges, Pi’s ecosystem lacks functional dApps, leaving price action speculative.  
- **$100M Ventures Fund**: Community demands clarity on how this will boost utility, as earlier hackathon rewards and ad revenues remain unaccounted for.  
**📊 Price Outlook: Dead Cat Bounce or Reversal?**  
Recent pumps (e.g., +50% to $1.2) were short-lived, with PI now **below $1**. Technicals show:  
- **Bearish flags**: Potential drop to **$0.57** if support breaks.  
- **RSI at 36**: Weak momentum, but oversold conditions could trigger rebounds.  
- **Bullish predictions**: Some analysts target **$2.38–$3.43** *if* Binance lists and utility improves.  
**⚠️ Verdict**: Pi’s future hinges on **transparency**, **exchange listings**, and **real utility**. Until then, it’s a high-risk bet. **Will the team deliver?**  
#MerlinTradingCompetition #GENIUSAct #BinanceAlphaAlert #MyEOSTrade #SaylorBTCPurchase $BTC  $ETH  $BNB