
Crypto analyst Dr Altcoin predict Pi Coin may fall 35% to 50% due to increasing token supply.
Over 100 million new Pi tokens are released this month, causing price pressure to drop further.
Low demand and no listings on major exchanges like Binance limit Pi's potential.
In the past two days, Pi Networkโs price has dropped nearly 20%, wiping out most of the gains it made after bouncing back from its all-time low of $0.38. Itโs now trading around $0.61 โ still about 400% below its peak.
But this might not be the end of the drop.
Some experts are warning that things could get worse, possibly a lot worse, by another 35% to 50%. Here’s why.
Experts Warn: Too Much Supply, Not Enough Demand
Popular crypto analyst Dr. Altcoin says Pi Coin could fall much lower, by as much as 50% from its current price. The main issue, he says, is the huge number of new Pi tokens being released into the market.
This month alone, over 100 million Pi tokens are expected to be unlocked. Over the course of this year, that number could rise to more than 1.5 billion. With so many new tokens being added and not enough buyers, prices could keep dropping.
Could Pi Fall to $0.30?
Dr. Altcoin warns that if the Pi Core Team doesnโt step in to slow the growing supply, the price could sink to $0.30 in the coming months.
Other experts agree. They point to basic supply and demand: if there are more coins to sell but no increase in buyers, the price will go down. Right now, demand is already limited because Pi Coin still isnโt listed on major exchanges like Binance or Coinbase.
Can a Token Burn Help Pi?
Some analysts suggest that the Pi Foundation could burn some of its tokens to reduce the supply. The team currently holds more than 70 billion Pi coins, so burning even a small portion could help ease selling pressure.
Others recommend burning some of the transaction fees collected from Piโs app ecosystem โ a strategy used by several other blockchain projects to help support token prices.
Price Drops After Failing Key Resistance
The recent 20% price drop happened after Pi Coin failed to break past a strong resistance level at $0.78. This rejection came just as hundreds of millions of new Pi tokens were added to the market.
On the 1-day chart, Pi Coin is now forming a โfalling wedgeโ pattern โ a bearish signal that often points to further downside. If this pattern continues, Pi could drop to $0.402, its lowest price so far this month.
Still, thereโs some hope for a rebound. If Pi manages to break above the $0.78 resistance level, it could begin to move higher again, possibly reaching $1 in the near future.
Unless something changes soon, the path ahead for Pi Coin looks tough and near impossible.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Pi’s price is falling due to oversupply โ millions of new tokens are entering the market without enough buyer demand to support the price.
Pi Coin is listed on 18+ exchanges, including. OKX, Bitget, MEXC, Gate.io, LBank, BitMart. Verify via official Pi Network channels to avoid scams.
If the bullish sentiment sustains, the PI value could reach as high asย $2.1007ย this year.