Pi Network Edges Up Today — But Could a Month-Long Investor Exodus Trigger a Massive Crash?

Jakarta, Pintu News – Pi Network is facing growing concerns from investors, mainly due to the consistent decline in the number of active holders.

In the past month, this altcoin noted that most investors started exiting, while few came in to replace them.

This lack of growth in the number of holders could be a warning signal for the cryptocurrency’s future price movements.

Then, how will the Pi Network price move today?

Pi Network Price Rises 0.8% within 24 Hours

On June 4, 2025, the price of Pi Network (PI) was recorded at $0.6506, a slight increase of 0.9% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,313), then 1 Pi Network is IDR 10,613.

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In the last 24 hours, the price of PI moved within a range of $0.6417 to $0.6555, reflecting mild volatility but indicating an overall uptrend.

Pi’s market capitalization currently stands at around $4.75 billion, while its fully diluted valuation stands at over $7.3 billion. The trading volume in the last 24 hours was recorded at $80.9 million, signaling a high level of market interest in the asset.

Pi Network Holders Begin to Be Skeptical

Based on the latest data from Holderscan, Pi Network is having difficulty maintaining its investor base.

Over the past month, the altcoin has seen a consistent trend of investor exits, with the total number of holders remaining around 14,952. Despite slight fluctuations, the lack of new investors coming in creates an air of skepticism among the community.

The lack of investor engagement in the second half of May also reinforced the bearish sentiment, as many traders began to doubt the altcoin’s future. While small dips and withdrawals may not seem alarming individually, the cumulative impact of these exits could weaken the overall strength of Pi.

Judging from the Pi Network’s macro momentum, technical indicators point to strong bearish pressure.

The Relative Strength Index (RSI) remains below the neutral zone, indicating that the altcoin is experiencing downward pressure. This is compounded by broader market signals, which are also showing signs of weakness.

With the RSI still below the neutral level, the Pi Network seems to be at a tipping point-where the slightest change in sentiment could trigger further price drops.

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Investors are also likely to be hesitant to enter or maintain their positions in a market that is yet to show strong bullish signals. These factors are likely to weigh on the Pi Network’s short-term outlook.

PI Price Awaits Upward Push

As of June 3, Pi Network’s price was at $0.64, still holding above the important support level of $0.61. However, the 50-day Exponential Moving Average (EMA) is currently acting as a resistance level, which puts additional pressure on the price movement.

With market sentiment still bearish, Pi Network is likely to struggle to maintain its current position.

If this negative trend continues, the Pi Network price could easily break the $0.61 support level and move down towards the next support at $0.57 or even lower.

This drop would be a more significant correction and further exacerbate the current lack of market confidence. As long as the 50-day EMA remains an obstacle, price recovery will be difficult unless there are new factors driving a change in direction.

The only way to invalidate this bearish scenario is if Pi Network is able to regain its momentum and bounce off the $0.61 support level.

If this happens, the altcoin could potentially climb back up to $0.71 and could even break through to advance towards $0.78.

However, this requires a change in market sentiment as well as re-engagement from investors-something that for now remains uncertain.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Pi Network’s Month-Long Investor Exit Paints Weary Picture For Price. Accessed on June 4, 2025