Crypto Crash & Comeback: Can Pi Network Make Us Rich Again?

Picture this: Pi Network’s price decided to take a nosedive worthy of a dramatic soap opera, plunging nearly 80% since February. That’s right—over $9.4 billion vanished faster than your last brain cell during a midnight panic scroll. The market cap fell from a shiny $13.8 billion to a dismal $4.4 billion. Ouch.

As of Monday, the Pi coin (PI) was clinging to $0.6360 like a toddler refusing broccoli, a price it’s stubbornly held since April 15. Once the 11th-largest cryptocurrency (a respectable rank for any self-respecting digital coin), it’s been demoted to 31st—basically the crypto version of getting kicked out of the cool kids’ table at lunch.

So, what cosmic alignment could resuscitate Pi’s price and drag it back to its former glory? Here are four things that would have to happen, and no, they don’t involve finding a genie.

What could possibly save Pi coin’s sorry ass?

Step one: The entire crypto market has to pull itself out of the bear market’s emotional abyss. Historically, altcoins tend to party hard when Bitcoin (BTC) rises. Remember November? Most altcoins hit their multi-month or multi-year peaks while Bitcoin was riding a wave like a pro surfer. So, fingers crossed.

Step two: The Pi Network team needs to stop ignoring the elephant in the room called “tokenomics.” Seriously, their current setup is about as comforting as discovering your trusted buddy is actually hoarding 35 billion tokens solo. That’s right—these insiders control a mind-blowing stash while everyday pioneers have 65 billion tokens collectively. It’s like a Mantra-like soap opera waiting to happen. Watch out for the 1.5 billion tokens scheduled to unlock in the next year—about $83 million drip-fed each month. Sell-off city, population: you.

Step three: We need big-name, red carpet-tier exchange listings. Right now, most Pi coin trading is on places like Gate, Bitget, OKX, and MEXC—fine for the niche crowd but not exactly Wall Street glam. Imagine Binance, Coinbase, Kraken, or Upbit throwing a party for Pi. Historically, the moment these big dogs list a token, prices surge like your Aunt Karen after three glasses of wine. Just look at Orca’s 200% jump post-Upbit; it’s basically the crypto equivalent of going viral overnight.

Step four: The ecosystem itself has to get some backbone. If Pi starts offering actual utility—something more exciting than “hey, we have tokens”—that could light a fire under the price. Dream big, right?

The crystal ball: Pi Network price analysis

According to the four-hour chart (because who doesn’t live for the drama of short-term charts?), Pi coin’s price has been meandering sideways, like a teenager stuck in a bad mood. It’s hanging out around the 50-period moving average while the Average True Range indicator—aka the “how wild is this ride?” meter—has taken a nosedive.

It looks like Pi is playing hard to get with a double-bottom pattern and a neckline at $0.7857—the highest it’s hit this month. If Pi can muster some pride and bounce to $1, that’s an ambitious 58% leap from where it is now. But if it falls below that double-bottom, well, the party’s probably over, and you might want to start thinking about your exit strategy.

In the end, Pi’s fate hangs in the balance—will it be crypto Cinderella or just another digital pumpkin? Stay tuned, and maybe keep your day job.

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2025-04-21 20:14