Pi Network Price Prediction: Token Eyes $0.40 After 11% Crash

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Is Pi Network on the Brink of a Hilarious Plunge? 😂💸

Ah, the Pi Network! Once a beacon of hope, now it finds itself under the weight of market pressures, like a weary traveler burdened by a heavy sack of potatoes. As the ominous clouds of bearish indicators gather, the token has taken a nosedive, plummeting over 3% in the last 24 hours to a meager $0.5605. Technical charts? They’re waving a white flag, signaling a neutral-to-bearish trend. How delightful! 🙄

The Bearish Saga Continues

Our dear friends, the RSI and Stochastic, are playing coy, remaining neutral and offering no strong direction. It’s as if they’re saying, “Who, me? I have no idea where this is headed!” Despite the pressure, there are faint whispers that Pi might be trying to hold its ground, like a cat clinging to a tree branch during a storm. 🐱🌳

Since May 21, Pi has been ensnared in a bearish trap, marked by lower highs, as sellers dance around like they own the place while buyers struggle to find their footing. If this trend continues, we might just witness Pi retesting its all-time low of $0.40, or perhaps even sinking lower. But fear not! If the buying interest decides to wake up from its slumber, we could see a bounce back toward the $0.65 level. Fingers crossed! 🤞

Will Pi Plummet to $0.40? The Drama Unfolds!

On June 17th, the token took a dramatic plunge of 11%, hitting a low of $0.5311. This thrilling drop was triggered by the announcement that .pi domain auctions would be moved to a separate section, leaving users as excited as a cat in a bathtub. Over the past two days, Pi has slid from $0.6345 to around $0.5450, a true spectacle! 🎢

We might still see Pi drop to around $0.40, especially if there’s no major update on June 28th! @PiCoreTeam @nkokkalis @Chengdiao

— Dr Altcoin (@Dr_Picoin) June 17, 2025

Dr. Altcoin, our ever-watchful oracle, warns that Pi could indeed crash to $0.40 if there’s no major update on June 28th. And let’s not forget, June and July 2025 are poised to unleash the biggest token unlocks of the year, which could send the price on a rollercoaster ride. According to Piscan.io, a staggering 164.49 million PI will be released in June, followed by a jaw-dropping 249.05 million in July. Talk about a token party! 🎉

Altcoin Season: The Key to Pi’s Next Great Escape

Another analyst, with the wisdom of a sage, suggests that Pi’s price rise hinges on a broader shift in the crypto market. For altcoins like Pi to rally, Bitcoin must first break its all-time high, followed by Ethereum flexing its muscles, which could trigger the elusive altcoin season. Until then, it seems they may continue to trade sideways, like a ship lost at sea. ⛵️

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2025-06-18 08:59