Will Pi Network (PI) Collapse?

Jakarta, Pintu News – Pi Network, once expected to revolutionize crypto mining through mobile devices, is now on the verge of collapse.

With the price of the PI token continuing to slide closer to $0.60, technical indicators are showing negative signals and market confidence is starting to fade. The persistent selling pressure further solidifies the potential for a possibly long-lasting change in direction for the project.

Check out the full analysis here!

Pi Network at Critical Threshold

Pi Network experienced a sharp decline after a series of massive sell-offs. Currently, the crypto is testing key support levels after several sessions characterized by a slow but steady price drop.

PI token is trading around $0.63, but the $0.61 level is the main focus. If the price falls below this support, it could drop to $0.57. This is all the more worrying as the Relative Strength Index (RSI) has been below the neutral zone since late May.

This position indicates the strengthening of bearish momentum and especially the lack of significant buying pressure, making a downside scenario more likely.

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Investor Morale Plummets

More than just on-chain data, market psychology has a huge influence on the direction of Pi Network. Sentiment around the token, as measured by the Santiment platform, shows a steady decline in investor confidence.

Confidence seems to be eroding, fluctuating between temporary optimism and a quick return to caution. This lack of conviction could trigger a stronger wave of selling in the coming days. This emotional instability, combined with the absence of fundamental catalysts, adds a threat to the maintenance of the previously mentioned technical support.

The most worrying aspect is the volatility of the collective mood. In this climate of uncertainty, even long-term token holders may be tempted to reduce their exposure, fearing a PI price crash similar to those experienced by other altcoins during the loss-of-confidence phase.

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Long-term Consequences

In the absence of major announcements, concrete developments on the mainnet, or visible economic progress, doubt becomes a driver of disengagement, reinforcing the downward spiral. If these behavioral dynamics continue, they could have lasting consequences for the project.

A breakdown below the $0.60 threshold is not just a technical event, but a strong psychological signal that could damage the token’s credibility more permanently within its community.

In the medium term, Pi Network needs to restore market confidence through concrete actions if it is to avoid being categorized as a list of unfulfilled promises, despite having generated enthusiasm during the migration to its mainnet.

Conclusion

With unfavorable market conditions and investor sentiment continuing to deteriorate, the future of Pi Network looks bleak. The project needs concrete and swift steps to restore confidence and avoid further declines that could prove fatal.

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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

• Coin Tribune. Pi Token Faces Potential Breakdown. Accessed on June 12, 2025
• Featured Image: Ebizmba