Pi Network Rumored as RoboPay Partner Amid SHIB Burn Rate Decline

Generated byAinvest Coin BuzzReviewed byThe Newsroom
Friday, Aug 7, 2026 7:22 am ET3min read
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Aime RobotAime Summary

- Fabric Foundation announced Pi Network as a RoboPay payment partner to enable AI/robot transactions, though Pi Core Team has not verified the integration.

- Shiba InuSHIB-- (SHIB) faces bearish pressure as token burn rates dropped 60% in 7 days, weakening its deflationary supply narrative and technical momentum.

- Pi Network remains in an "Enclosed" mainnet phase with no official exchange listings, leaving its speculative value dependent on future open mainnet transitions.

- Analysts project SHIBSHIB-- will consolidate in a bearish range through 2026, with structural challenges from its 589 trillion circulating supply limiting price recovery potential.

Fabric Foundation has announced that Pi Network will join RoboPay as a payment partner for its on-chain payment layer. RoboPay is designed to allow AI agents to discover, hire, and pay robots on-chain without traditional financial intermediaries. The proposed ecosystem, described as an "open machine economy," would enable humans, AI agents, and autonomous robots to transact using the same payment infrastructure.

This integration aims to support autonomous labor services, such as grocery deliveries, security patrols, and industrial inspections. The announcement suggests that Pi holders could use the cryptocurrency to pay for robot-powered services directly. The proposed integration relies on PiRC2 smart contracts, which support recurring payments and automated settlements for completed tasks.

Despite the excitement within the Pi community, the Pi Core Team has not officially confirmed the partnership. Crypto commentators have urged investors to exercise caution, noting that the integration remains an unverified claim. If the move is officially confirmed, it would expand Pi's utility beyond peer-to-peer payments into the intersection of blockchain, artificial intelligence, and robotics.

Shiba Inu (SHIB) is experiencing significant downside pressure amid broader risk-off sentiment in the cryptocurrency market. A critical fundamental weakness is the steady decline in SHIB token burn activity, which has dropped from over 97 million tokens to 6.62 million. This reduction in token destruction weakens the deflationary narrative that has historically supported price stability.

The daily burn rate decline of SHIB tokens has declined by over 60% in the last seven days, undermining the deflationary narrative central to SHIB's value proposition. Historically, spikes in burn activity have correlated with short-term price rallies by reducing circulating supply. Conversely, sustained declines in burn rates increase supply pressure, often preceding price consolidation or correction.

Derivatives data reflects weakening bullish sentiment, with long liquidations significantly outpacing short liquidations. The funding rate has also fluctuated, indicating shifting retail sentiment as buyer interest fades. Broader market conditions, including a delay in the CLARITY Act vote, have reduced overall crypto risk appetite, impacting meme coins disproportionately.

What Is the Current Status of Pi Network's Mainnet and Token Value?

Pi Network launched in 2019 as a mobile-first blockchain project aiming to build an inclusive peer-to-peer marketplace. Despite a user base of approximately 35 million, the token is not yet listed on public exchanges. Its mainnet remains in an "Enclosed" phase, meaning the token cannot be freely traded on external markets.

Because Pi has no official trading history or market cap, price predictions are purely speculative. Experts warn that the token's value will heavily depend on the successful transition to an Open Mainnet and subsequent exchange listings. Some predictions suggest potential rallies following a launch, while others remain bearish due to the lack of fundamental data.

The project has faced scrutiny over delayed milestones and potential data privacy issues. Critics have also raised concerns about the referral-based growth model, comparing it to multi-level marketing, though the team denies this allegation. Until an open mainnet launch occurs, the intrinsic value of Pi remains undefined.

How Are Technical Indicators and Burn Rates Affecting Shiba Inu's Price?

Shiba Inu is currently testing the 50-day Exponential Moving Average (EMA) at $0.00000466. A decisive close below the 78.6% Fibonacci retracement level at $0.00000462 could extend the decline toward the $0.00000405 anchor. This level represents a potential 10% drawdown for the asset in the near term.

The Relative Strength Index (RSI) has crossed below the midline, indicating waning buying pressure. On some charts, the RSI sits at 42, confirming bearish momentum without yet being oversold. The Moving Average Convergence Divergence (MACD) line has also crossed below the signal line, a classic bearish signal often preceding further downside.

Structurally, SHIB faces significant headwinds from its massive circulating supply of nearly 589 trillion tokens. Even significant burn rates are mathematically negligible against this float, limiting the impact of token destruction. The primary bullish catalyst remains a broad risk-on market move led by BitcoinBTC--, which would trigger SHIB's high-beta response.

What Is the Long-Term Outlook for Shiba Inu's Ecosystem and Market Position?

Shiba Inu operates as a community-driven DeFi ecosystem built on the EthereumENS-- blockchain. Its infrastructure relies heavily on Shibarium, a Layer-2 solution that has processed over 1 billion transactions since its launch. This volume indicates sustained usage for decentralized applications, metaverse initiatives, and DeFi activities.

Development efforts are prioritizing technical upgrades to enhance utility and privacy. A key focus is a privacy upgrade for Shibarium utilizing fully homomorphic encryption in partnership with ZamaZAMA--. The team is also considering a "Shib Alpha" Layer-3 with auto-burn features tied to decentralized application usage.

Analysts project that SHIB will trade in a consolidation range throughout 2026, with no immediate return to prior cycle highs. Long-term forecasts suggest a slow grind rather than exponential growth, with 2028 potentially offering a cyclical recovery if Bitcoin dominance rotates into altcoins. The ecosystem continues to evolve, but it must overcome substantial structural headwinds to achieve significant price appreciation.

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