Dogecoin News Today: Pi's Price Plunge Pits Innovation Against Investor Doubt

Pi Network’s token has declined to $0.34, a significant drop of 88% from its peak of $2.98 in February 2025. This comes amid growing uncertainties around the project’s long-term viability and ongoing speculation about potential delistings from major exchanges such as OKX and MEXC. Despite recent claims that the rumors are unfounded, the price trajectory suggests a lack of immediate confidence among investors. Analysts note that if Pi Coin fails to stabilize above $0.38, it may face further downward pressure, with token unlocks posing additional risks to its valuation.

The Pi Network ecosystem, however, continues to evolve technologically. A recent Linux Node release broadens the platform’s infrastructure capabilities, enabling greater participation and accessibility for developers and technically inclined users. This update is seen as a step toward long-term decentralization and operational stability. Additionally, the network is preparing for a protocol upgrade to version 23, which will introduce new functionalities and improve the system’s adaptability. The phased rollout will involve Testnet1, Testnet2, and eventually the Mainnet, with potential outages anticipated during the transition. These developments are part of Pi’s broader efforts to enhance its blockchain’s utility and compliance structure, including a decentralized KYC mechanism that aligns with emerging industry standards such as ERC-3643.

In parallel, the altcoin space is witnessing a shift in investor interest toward projects with real-world applications. Remittix (RTX), currently in presale, is gaining attention as a potential disruptor in the $19 trillion global payments sector. The project is targeting low-cost crypto-to-bank transfers and real-time foreign exchange conversions, aiming to bridge the gap between digital assets and traditional financial systems. With a market cap of $21.7 million as of the latest update and over 624 million tokens sold, RTX has already secured a listing on BitMart, signaling increased liquidity and investor confidence.

The Remittix presale is being positioned as a high-potential investment opportunity, especially in comparison to speculative meme coins like Dogecoin. While Dogecoin’s price recently dipped to $0.2205 after a 4.51% increase, its trading volume has declined by 29.24% to $2.15 billion, suggesting a lack of sustained momentum. Remittix, on the other hand, is preparing for the beta release of its mobile-first wallet in Q3 2025. The wallet will support 40+ cryptocurrencies and 30+ fiat currencies, offering users direct bank transfers and lower gas fees, which are expected to enhance its competitive edge.

Investors are closely watching whether projects like Pi Network and Remittix can overcome their respective challenges and deliver on their long-term visions. While Pi faces skepticism due to delayed milestones and price volatility, Remittix is being viewed as a project with tangible utility and scalability. The market response to these developments will likely play a key role in shaping the altcoin landscape in the coming months, particularly as the broader crypto ecosystem continues to seek sustainable, real-world applications for blockchain technology.

Source:

[1] Are OKX and MEXC Delisting Pi Coin? Analyst Reveals Truth (https://coinpedia.org/news/pi-network-news-are-okx-and-mexc-delisting-pi-coin-analyst-reveals-truth/)

[2] Linux Node Release and Upcoming Protocol Upgrades (https://minepi.com/blog/pi-linux-node/)

[3] How Remittix Could Take Market Share Away From ... (https://crypto-economy.com/how-remittix-could-take-market-share-away-from-dogecoin-as-rtx-predicted-a-top-investment-in-2025/)