- Pi Coin trading volume dropped 44% to $158M despite price recovery to $0.60.
- Monthly 134M token unlock raises oversupply fears among investors.
- Lack of leadership visibility threatens Pi’s credibility and exchange listings.
Pi Coin’s price rose to $0.60 following a recent drop to $0.40 earlier this week. The recovery has not improved trading volume which decreased by 44% as it fell to $158 million. Market participants are increasingly cautious as on-chain data points to weakening investor confidence in the project’s long-term sustainability.
Transparency and Leadership Gaps Raise Red Flags
The market cap of Pi Network currently stands at over $4.1 billion. However, the growing concern is the oversupply of Pi tokens expected to hit exchanges. Analysts warn that the monthly unlocking of 134 million tokens could further pressurize the price unless meaningful changes are introduced. The current momentum remains fragile as major investors hesitate to back the project without stronger signals from the team.
Community voices, including notable members Edycabas and Dr Altcoin, have raised serious concerns about the project’s transparency. Edycabas pointed out that Pi Network processes less than one transaction per second, contrary to earlier expectations. He emphasized the disconnect between years of promotion and the current low network activity.
In response, Dr Altcoin acknowledged that the blockchain remains technically functional, with a reported 99.5% transaction success rate. However, he said the lack of visibility from the Pi Network leadership continues to deter interest from centralized exchanges and larger investors. Dr Altcoin added that without consistent communication from co-founders Nicolas Kokkalis and Chengdiao Fan, the project risks losing credibility in the broader market.
Moreover, calls for token-burning mechanisms and proactive developer engagement have grown. According to Dr Altcoin, a sustainable push toward increasing Pi’s value must include reducing supply and strengthening ecosystem engagement through decentralized applications.
Rising Token Supply Risks Deeper Price Declines
With Pi Network set to unlock an average of 134 million tokens every month, the risk of excessive market supply has become a growing concern. Analysts believe that this influx of tokens could overwhelm demand unless new use cases and stronger investor sentiment are established.
Dr Altcoin warned that the token price could slide below $0.30 if current issues are not addressed quickly. He stressed that the project must aim to achieve a minimum $10 valuation to remain relevant. According to his projections, hitting that price point would reinvigorate user participation and attract development activity across the Pi ecosystem.
As trading volume continues to shrink and transparency issues persist, the coming weeks may prove crucial in shaping Pi Network’s trajectory.
Pi Network faces mounting pressure from within its community and the broader crypto market. Without immediate corrective steps, including increased communication from its leadership and strategic supply management, the Pi Coin price risks steep declines. The need to reach the $10 mark has become more than aspirational—it now appears critical for survival.
