Pi Network Slips to $0.35 — Is This the Beginning of a Bigger Crash?

Jakarta, Pintu News – The Pi Network coin recently hit an all-time low, with its value dropping to $0.34. This drop comes amid increasing sales pressure and the release of new tokens every month.

Although many other altcoins experienced gains last week, Pi Coin appears to be lagging behind.

Pi Network Price Drops 0.8% within 24 Hours

On August 4, 2025, the price of Pi Network was recorded at $0.3574, a decrease of 0.8% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,375), then 1 Pi Network is IDR 5,852.

Read also: Dogecoin Jumps 2% — Could This Meme Coin Rocket to $1 Before 2026?

In the past day, the PI price moved in the range of $0.3564 to $0.3738, showing relatively limited volatility.

Based on market data, Pi Network’s market cap stands at around $2.78 million, with a fully diluted valuation of $4.28 billion. Daily trading activity (24-hour trading volume) was recorded at around $90.55 million.

Technical Analysis Points to Potential for Further Decline

An analyst warned that Pi Coin could experience a drop of up to 40% if it can’t maintain current support. This prediction comes after the price broke out of a bearish triangle pattern with previous upper resistance near $0.74 and support around $0.44.

Now, with the price having fallen below $0.44, Pi Coin has the potential to drop further until it reaches $0.26, which would be a new low. The main cause of this weak performance is Pi Coin’s inability to break the 50-day Simple Moving Average (SMA).

Being below this level allows sellers to control the trend, while buyers remain cautious, waiting for clearer bullish signals.

Current Trading Volume and Market Sentiment

According to Coinpedia, Pi Coin’s balance on the centralized exchange (CEX) continues to rise, signaling that more traders are preparing to sell. This change makes the short-term outlook for Pi Coin increasingly bearish.

However, there is still a chance for a bullish reversal if Pi Coin can return above the 50-day SMA and trading volume increases. An increase in trading volume could signal renewed buyer interest, which might push the price back towards $0.74 or above in the coming weeks.

Read also: Top 4 Crypto with Big Profits on the Horizon, According to Analysts!

The broader crypto market also reacts to global news, which can affect the price of Pi Coin.

Whale Activity and its Impact on the Market

A whale recently accumulated $148 million worth of Pi Coin, pulling millions of tokens from exchanges like OKX, Gate.io, and MEXC since April. The identity of the buyer is still unknown, but this major move has caught the market’s attention and sparked speculation.

According to Dr. Altcoin, this sudden price drop may be due to an impulsive reaction from whales. He expects the price to rise back above $0.40 soon, calling this drop a “buying opportunity”. This activity shows that not all current market dynamics are negative.

Overall, with all the pressure and uncertainty in place, investors and traders should consider risk carefully. However, for those looking for opportunities in volatility, current conditions may offer attractive entry points.

The decision to buy should be based on in-depth analysis and understanding of the broader market dynamics.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Pi Network News: Price Hits New All-Time Low as Selling Pressure Increases. Accessed on August 4, 2025