Pi Network Update: Will Pi Coin Recover After the Recent Crash?
2025-05-18
After a surge of excitement and anticipation within the Pi Network community, the optimism surrounding Pi Coin quickly faded.
The much-anticipated announcement by the Pi Core Team failed to meet expectations, triggering a steep price crash that has left many investors and miners questioning the project’s direction.
With the Pi Network price dropping significantly in a matter of days, many are now asking a critical question: can Pi Coin recover?
Why Pi Coin Plunged
The recent Pi Network crash caught many holders off guard. The price of Pi Coin, which reached a peak of $1.6673 earlier this month, tumbled sharply to a low of $0.86 following what was expected to be a major announcement.
Instead of a full mainnet launch or new exchange listings, the Pi Core Team introduced Pi Network Ventures, a $100 million fund designed to support startups in the Pi ecosystem.
While such an initiative signals a long-term investment in infrastructure, it failed to address the more immediate concerns of the Pi community.
Key issues such as ongoing token unlocks, the absence of centralized exchange listings, and slow ecosystem development remain unresolved. Many investors saw this announcement as underwhelming compared to the hype that preceded it.
Additionally, the Pi Network price decline was worsened by the common market pattern of “buy the rumor, sell the news.”
As enthusiasm built in anticipation of the announcement, prices soared. However, when the actual news did not meet expectations, many traders quickly exited their positions, resulting in a steep correction.
Another contributing factor is the large-scale token unlocks currently underway. Over 1.45 billion PI tokens are expected to be released in the next year, which increases selling pressure at a time when buying demand is relatively low.
Concerns about centralization have also resurfaced, as the Pi Foundation retains control over a vast majority of the token supply.
Read also: Pi Coin's Marketcap Surge as Pi Network Gains Momentum! Will This Sentiment Last?
Potential Catalysts for PI Coin Price
Despite the recent sell-off, several potential catalysts could support a future price recovery for Pi Coin. One of the most promising is the possibility of a listing on a major exchange. There have been hints that HTX, the exchange associated with Justin Sun, may list Pi Coin soon.
Daily posts on X (formerly Twitter) by HTX suggest upcoming listings, with Pi Coin frequently featured among the names. While not confirmed, such a move would boost liquidity and market confidence.
Another key development would be a commitment to full decentralization. Many in the community remain skeptical due to the central control the Pi Core Team currently holds.
If the team took steps to decentralize governance and distribution, it could improve transparency and trust, possibly lifting the token’s value.
Additionally, Pi Coin’s prospects could improve in a broader crypto bull market, especially if flagship assets like Bitcoin continue to perform well. A rising market tends to lift even underperforming tokens, giving Pi Coin a chance to regain ground.
Finally, a clearer and more active ecosystem development strategy, with real products and dApps built on Pi Network, would go a long way in boosting long-term investor confidence.
PI Coin Price Analysis: Will It Recover?
From a technical perspective, Pi Coin remains in a delicate position. The eight-hour chart shows that Pi has dropped from $1.6708 to around $0.86 but is still holding above its 50-period Exponential Moving Average (EMA). This indicator suggests there is still some bullish sentiment in the market, despite the recent fall.
Moreover, the coin remains above a key support level at $0.7795, which corresponds to a previous high recorded in April. As long as the price stays above this threshold, there is a chance that Pi Coin will follow a break-and-retest pattern, a common bullish indicator.
If buying interest returns, the coin could attempt to test resistance levels around $1.50 again. However, if it drops below the $0.7790 support level, this could signal further declines and invalidate the current recovery setup.
Read also: Pi Network News: Announcement regarding Pi Network Ecosystem
Current Market Conditions
According to CoinMarketCap data, Pi Coin is currently priced at $0.722, with a 24-hour trading volume of approximately $262 million. It holds the 27th position in global rankings and has a market capitalization of over $5.17 billion.
The circulating supply now stands at 7.16 billion PI tokens, with a maximum supply capped at 100 billion. While the market has seen slight recovery in recent hours, overall sentiment remains cautious.
Uncertainty continues to loom over Pi Network, especially as it tries to find its place in an increasingly competitive Web3 environment. Without clear action on decentralization, listings, and ecosystem expansion, recovery may be slow.
Read also: Can PI Go Up Again? Understanding the Current Bullish Sentiment
Conclusion
The recent Pi Network crash was a major setback for the project, driven by unmet expectations and structural issues within the platform. However, the situation is not beyond repair.
With strategic moves like securing exchange listings, committing to decentralization, and actively growing the ecosystem, Pi Coin has the potential to regain investor confidence and stabilize its value.
Find other interesting articles on Bitrue blog! You can also directly buy selected assets on Bitrue by registering here!
Frequently Asked Questions (FAQ)
Q: Will Pi make people rich?
A: No, making a lot of money from Pi is described as very difficult, and expecting to get rich from it is likely unrealistic.
Q: Can I sell my Pi coin?
A: Yes, once Pi is listed on a cryptocurrency exchange, you can sell it and either get regular money, stablecoins, or trade it for other cryptocurrencies.
Q: Is it safe to invest in Pi?
A: Pi Network has some concerns, like its "Security Circles" model, which can resemble multi-level marketing. Even though its main network launched in 2025, Pi Coin still isn't widely listed on exchanges, making it hard to use in the real world.
Q: Can I turn pi into real money?
A: You cannot directly exchange Pi for regular money within the Pi Network Mainnet. To convert Pi to real money, you would first need to transfer it to a centralized exchange like OKX or Bitget.
Q: Will Pi have a future?
A: According to one prediction, the value of Pi might increase by 5% and reach $0.938741 by 2030.
Disclaimer: The content of this article does not constitute financial or investment advice.
