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Pi Network Price Prediction: Here’s Why and When it Could Revisit $0.40

Published by
Anjali Belgaumkar

Story Highlights

  • Pi Network Faces Resistance at $1 Amid MEXC Listing Buzz: Despite new exchange listing, Pi struggles to break key resistance, hovering around $0.64.
  • Analyst Warns of Drop to $0.40 Without Transparency: Dr Altcoin predicts further decline unless Pi Core Team improves communication and openness.

The world of cryptocurrency never stays quiet for long, and Pi Network is proving that right now. Recently, Pi Network has become the talk of the crypto space after getting listed on MEXC, one of the popular crypto exchanges. But while the listing was big news, the coin’s price has been on a wild roller coaster, leaving investors unsure about what comes next.

Right now, Pi Network’s price is stuck around $0.64. Even with all the recent excitement, it hasn’t managed to break past the strong resistance level at $1. Many experts believe that until it crosses this barrier, it’ll be tough for the coin to attract fresh investor confidence. But if it manages to stay above that mark and climb past $0.85, there’s a chance it could rally toward $1 or even $1.15

Will Pi Network Price Hit $0.40?

According to analyst Dr Altcoin, the price of Pi is likely to keep dropping until the end of August. The analyst believes that unless the Pi Core Team changes its approach and becomes more transparent, things may get worse before they get better.

Dr Altcoin has been warning about Pi Network’s price situation for a while. In his latest comment, he mentioned that the token could possibly fall as low as $0.40 in the coming weeks. He said that one of the biggest problems holding Pi Network back is the lack of openness from the team behind the project. “No investor wants to put their money into something where the founders refuse to be transparent,” said Dr Altcoin.

Despite these short-term struggles, Pi Network seems focused on building for the future. The project recently launched a $100 million Pi Network Ventures Fund aimed at supporting startups in AI, gaming, fintech, and e-commerce. The goal is to create real-world applications that use Pi cryptocurrency, which could eventually increase the coin’s value if it gains traction.

FAQs

What is the $100 million Pi Network Ventures Fund, and how will it benefit Pi holders?

The Pi Network Ventures Fund is a $100M fund (in Pi and USD) investing in startups using Pi. It aims to create real-world utility and demand for Pi, benefiting holders through increased adoption.

Are there any successful real-world projects already using Pi as a payment method or utility token?

While Pi is gaining grassroots adoption in localized markets and community-driven stores (e.g., PiFest), widespread integration into major retail or DeFi platforms is still developing.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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