Pi Coin Faces 35% Drop Risk Amid Bearish Momentum

The Pi Network, a cryptocurrency project that aims to democratize cryptocurrency mining through a mobile app, is currently navigating a critical phase that could significantly impact its token price. The Pi Coin, the native cryptocurrency of the Pi Network, is at a pivotal point as it approaches key support levels amidst bearish momentum. The current price of Pi Coin is approximately $0.5490 USD, with analysts closely monitoring the situation as the token nears a crucial support level at $0.56.

The bearish sentiment is intensified by upcoming token unlocks, which could further depress the Pi Coin's price. According to analysts, the release of 15 million tokens on May 27, 2025, could drive the price down to $0.52. This bearish outlook is further complicated by the potential for subdued trading volume, which could hinder the token's ability to recover from the sell-off. If the bearish momentum persists, the next price target to watch will be the low of $0.40, which is about 35% below the current level.

Despite these short-term challenges, some analysts remain optimistic about the long-term prospects of the Pi Coin. According to the analyst's forecast, the Pi Coin could reach $314–$1,000 by 2030, driven by the project's potential for mass adoption and its innovative approach to cryptocurrency mining. However, the path to mass adoption is fraught with challenges, including infrastructure hurdles and price volatility. The Pi Network is expected to take until 2030 to be ready for mass adoption, and the project's success will depend on its ability to overcome these obstacles.

The price of the Pi Coin is also influenced by market demand and supply dynamics. If the supply of Pi Network coins is high, the price is more likely to fall rather than rise, assuming demand remains constant or decreases. This follows the basic principles of supply and demand, where an increase in supply without a corresponding increase in demand can lead to a decrease in price.

In summary, the Pi Network is facing a challenging period as it approaches key support levels and prepares for upcoming token unlocks. While the short-term outlook is bearish, some analysts remain optimistic about the long-term prospects of the Pi Coin. The project's success will depend on its ability to overcome infrastructure challenges and achieve mass adoption, which could take until 2030.