Pi Network Price Rebounds 62% From 30-Day Lows

The Pi Network price has shown signs of recovery, rebounding from its 30-day lows earlier in the month. The price, which had dropped below $0.40, was last trading around $0.65. Despite this recovery, the price remains significantly down from its record highs near $3.0, which were reached shortly after the Open Network’s launch.

Following a sharp decline in March, the Pi Network’s price has stabilized in April, leading traders to speculate about a potential reversal. Popular altcoin analyst Dr. Altcoin noted that a wallet associated with the Pi Core Team has been actively accumulating Pi tokens in recent weeks to counteract the recent price decline. This wallet has acquired nearly 50 million Pi tokens, valued at over $30 million at current prices.

The broader crypto market sentiment has improved, which could support this price movement. Additionally, positive developments such as Chainlink’s support for the Pi blockchain on its data feeds and the announcement that Pi Network co-founder Nicolas Kokkalis will appear at Consensus 2025 could further boost near-term demand as network optimism rises.

Chainlink’s data support opens up significant DeFi opportunities for Pi Network participants, according to web3 analyst Jatin Gupta. This integration could unlock major potential for Pi’s over 60 million users in the DeFi space.

Despite these positive developments, Pi Network continues to face criticism. Critics have likened Pi’s referral-driven model to a pyramid scheme and questioned its sustainability and transparency due to multiple delayed mainnet launches and centralized control. Inflation concerns have also been raised, with rapid increases in the PI token supply and limited real-world utility frustrating users.

In contrast, the MIND of Pepe (MIND) presale, launched in January 2025, has raised over $8 million, reflecting strong investor interest in this AI-driven meme coin on Ethereum. Priced at $0.0037 per token across 70 stages, MIND offers early adopters a 279% staking APY, with over 1.2 billion tokens already staked. Its AI agent autonomously analyzes market trends, engages on social platforms, and provides token holders exclusive insights, positioning it as a unique blend of meme culture and cutting-edge technology.

MIND’s robust tokenomics, security audits by SolidProof and Coinsult, and focus on real-time market utility make it a compelling alternative to Pi Network, which has slumped 80% from its February peak due to token dilution and transparency concerns. As meme season approaches, MIND’s innovative approach could outshine Pi’s faltering momentum.