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Jakarta, Pintu News – Pi Network (PI) is back in the spotlight after rumors circulated that several major exchanges were planning to delist the token. However, market analysts have refuted the claims and confirmed that Pi is still trading with solid volumes.
Check out the full information below!
Recently, Pi Network was embroiled in controversy after rumors surfaced stating that OKX and MEXC were planning to remove Pi Coin from their trading lists. This rumor stems from unverified reports regarding the halt of new lending for the Pi Coin/Tether (USDT) margin pair and plans for a full removal by the end of August.
This caused panic among Pi holders, who were already frustrated with the repeated delays of their main network launch. However, Dr. Altcoin, a market analyst, has confirmed that the rumors are not true.
He confirmed that Pi is still actively traded on OKX and MEXC with strong trading volumes. This provides some relief for investors worried about the future of this community-powered digital currency.
Read also: Pi Network (PI) Launches Linux Nodes and Protocol 23 Upgrade, What are the Benefits?
Despite the clarification from the analyst, Pi Coin’s current price shows a different story. The token is trading around $0.34, down more than 2% in a day, and recently recorded a new record low of $0.3304. This represents a steep decline of 88% from its peak of $2.98 in February 2025.
Whether Pi will be able to recover and return to the key resistance level to try to break $1 is still a big question. Experts are divided in their predictions about Pi’s future direction.
According to Coinpedia, some experts think the price could climb back to around $1 by mid-2025 and could even reach $4 if the main network is finally launched and the Know Your Customer (KYC) process goes well.
However, there are also those who warn that if Pi is unable to hold above $0.38, the price could fall back towards $0.30, with potential further losses from token unlocking.
In the face of ongoing challenges and speculation, the future of Pi Network remains a hot topic among investors and crypto enthusiasts. Clarity from analysts and positive developments from the Pi Network team will probably be the key to restoring Pi Coin’s confidence and market value.
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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.
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