The crypto market is closely watching what lies ahead for Pi Coin, as its price falls below key levels while the ecosystem shows signs of growth.
Key Highlights:
- Pi Coin under pressure: The price has dropped to $0.77 after failing to hold the $3 level; major token unlocks this week could lead to further sell-offs.
- Expanding ecosystem offsets volatility: With over 100 DApps and a new $100 million fund, Pi’s long-term outlook remains positive.
Pi Coin is still struggling to maintain its market position. After failing to stay above $3, the token saw another sharp decline. Recently, the price dropped to $1.67 before returning to around $0.77 at the time of writing.
At its initial listing, Pi started at $3 but quickly fell to $0.60 on the same day. It later recovered to $3 within 34 days, but that rally triggered heavy sell pressure from early investors who seized the opportunity to take profits. Many saw $3 as an ideal exit point, especially after the token had already dropped over 80%.
Regarding key price levels, Pi is currently facing resistance at $0.94, $1.20, and $1.66. If it breaks above these levels, the short-term bull target remains $3.00. On the downside, the critical support level is $0.65 — a break below that could trigger a more severe decline.
Upcoming Token Unlocks Could Add Pressure
Adding to current concerns is the fact that major token unlocks are scheduled in the coming days, which may increase price pressure:
- May 26: 10 million Pi will be unlocked
- May 27: 12 million Pi will be unlocked
- May 28: 15 million Pi will be unlocked — the largest unlock in the next 30 days
These large batches of newly released tokens could put selling pressure on the market, as unlocked assets are likely to be sold.
Positive Developments in the Pi Ecosystem
Despite price concerns, the Pi Network ecosystem continues to expand rapidly. According to analyst Kim Wong, there are now over 100 decentralized applications (DApps) based on Pi — some already live on the Mainnet, others in testing, and several still in development.
Additionally, a new $100 million venture capital fund has recently launched and is expected to accelerate ecosystem growth further. With more active apps and a growing user base, Pi’s long-term potential remains promising.
The network already has over 70 million users worldwide, including 20 million KYC-verified users and 4.3 million followers on X (Twitter). Pi Coin is listed on several exchanges and currently ranks 26th in market capitalization among all cryptocurrencies.
Conclusion:
Despite the tension surrounding upcoming token unlocks and price volatility, Pi Network continues to impress with solid development and a large-scale user base. Investors are watching closely to see whether this market correction is temporary or signals a new chapter in the story of Pi Coin.
Frequently Asked Questions
Find answers to the most common questions below.
Recent failed resistance at $3 and upcoming large token unlocks are contributing to selling pressure, causing the price to drop below $1.
Key resistance lies at $0.94, $1.20, and $1.66, while the main support to watch is $0.65 — a critical level for price stability.
Yes, the Pi ecosystem continues to expand with over 100 DApps, a new $100M fund, and a user base exceeding 70 million globally.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds that you are willing to lose and use your own research and risk management.
