Predicting Pi Coin's Future Trajectory
Pi Network's native cryptocurrency, Pi Coin, has once again garnered attention due to the increased focus of investors on centralized exchanges and the swift expansion of the token supply.
On Tuesday, the price plummeted to $0.7382, marking a 13% decrease in the past week and a 54% fall from its May high.
Transfers to Exchanges Indicate Selling Pressure
According to on-chain data, over 3.75 million Pi coins were transferred to centralized exchanges in the last 24 hours. The highest input was recorded on OKX with 1.474 million, followed by 207,900 on Bitget, 460,834 on MEXC, and 1.1 million on Gate.io. This activity suggests that investors are closing their positions, leading to intensifying selling pressure.
Supply Increase and Declining Demand
The rapid increase in the number of unlocked tokens is causing upward pressure on prices. It is anticipated that 263 million Pi will enter circulation in June, 233 million in July, and 132 million in August. In total, 1.519 billion tokens will be released into the market throughout 2025, averaging 132 million new supply per month.
However, demand seems to be dwindling. The increase in supply and decreasing buyer interest are exerting more downward pressure on prices.
Social Media Interest Fading
Data from social media interactions also indicates a drop in investor interest. According to Santiment data, Pi Coin's social dominance ratio has fallen from 1.15% in April to 0.24% currently. The volume of social media interactions has also decreased from its yearly peak of 182 to 20.
Technical Outlook Bearish
The 8-hour chart shows Pi Coin in a downtrend since its May 12 peak of $1.6677. Currently, the price is approximately $0.7500 and has been trading below the 25-period moving average. The Relative Strength Index (RSI) has also crossed below the zero line.
The descending triangle formation on the chart could signal a new selling wave. Technically, the first support level is at $0.6300. If the price breaks below this region, it could retest the April 5 low of $0.40.
The current market situation for Pi Network illustrates a blend of technical indicators, price movements, and shifting investor sentiment, which collectively suggest headwinds for the project. Pi Network has experienced notable price volatility recently, with significant swings following major announcements and market dynamics [4]. As of late May 2025, Pi is trading within a tight range ($0.688–$0.816), hovering above key support but facing strong resistance near $0.84[1][5]. However, trading volume has increased by 42%, indicating some ongoing market activity despite the price stagnation [5]. Technical analysis points to a bearish outlook, predicting a possible 25% price drop to around $0.50 by late June 2025 [3]. The Fear & Greed Index sits at 60 (Greed), suggesting mixed or speculative interest, while only 47% of the last 30 days have been "green days" [3]. If significant ecosystem developments or renewed demand materialize, the price might deviate from the current downtrend [2][3][5].
- The surge in Pi Coins being transferred to centralized exchanges, paired with a decline in social media activity and decreasing demand, indicates that the selling pressure on the Pi Network's native cryptocurrency, Pi Coin, might intensify with the swift expansion of the token supply, leading to possible technical fluctuations in the near future.
- With the looming anticipated release of 1.519 billion tokens into the market throughout 2025, coupled with a bearish technical outlook, investors may be wary of investing in Pi Network, given the potential downward pressure on prices caused by the increased supply and declining demand for Pi Coin.
