Is PI Network on the Brink of Collapse?
While this price has held firm so far, the stability may be short-lived. Over the next month, more than 300 million PI tokens are set to be unlocked, raising fears of a heavy supply shock. In the past, similar unlocks have led to sharp corrections, especially when adoption and demand fail to grow in tandem.
Adding to concerns is the noticeable drop in positive sentiment across social media and on-chain data. According to analytics platforms, the tone among PI holders has turned increasingly negative. Meanwhile, bullish posts hyping a potential price explosion—such as one suggesting PI will post the biggest green candle in crypto history—appear to be driven more by wishful thinking than solid fundamentals.
The project’s development team is still working to reshape the network’s narrative. Efforts like Pi App Studio aim to promote real-world use cases and position PI as more than just a speculative token. But so far, those initiatives haven’t translated into clear momentum or adoption that could counteract the bearish pressures.
Technically, PI is approaching a classic squeeze zone—tight consolidation that often precedes a strong move in either direction. If bulls can’t hold the $0.477 floor, analysts warn the token may quickly revisit its all-time low near $0.40. On the other hand, a successful defense of support, combined with meaningful utility rollout, could revive interest and set the stage for recovery.
Ultimately, the coming weeks will test not only the price resilience of PI, but also the credibility of its long-term vision.