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Published on March 29, 2025, at 8:06 PM WIB, this report dives into the recent bearish pressure that has seen Pi Network’s price tumble by 30% over the past month. As the cryptocurrency market grapples with heightened volatility, questions swirl around whether Pi Coin (PI) can stage a comeback. With Bitcoin holding strong above $87,000 and the total crypto market cap nearing $3 trillion, Pi Network’s struggles stand out here’s an in-depth look at its prospects and the forces at play. A Steep Decline in Value Over the last 30 days, Pi Network has shed 30% of its value, sliding from around $2.00 at the start of March to approximately $1.40-$1.50 as of today. This downturn follows a rocky period after its mainnet launch on February 20, 2025, when PI initially soared by 705% before peaking at $2.98 on February 27. Since then, a sharp correction has erased much of those gains, with the token now trading well below its all-time high. The decline has been exacerbated by a broader bearish sentiment in altcoins, though PI’s drop exceeds many peers. Why the 30% Fall? Several factors have contributed to Pi Network’s recent slump: Massive Token Unlocks: The release of over 1.6 billion PI tokens in 2025, including 129 million this month alone, has flooded the market. This oversupply has outpaced demand, driving prices down as pioneers sell off their newly unlocked holdings. No Major Exchange Listings: Despite community efforts like an 86% approval vote for a Binance listing in February PI remains absent from top-tier exchanges. This limits liquidity and exposure, leaving it vulnerable to downward pressure. Eroding Confidence: Reports of 82% of PI’s 100 billion total supply being controlled by the core team, coupled with a lack of transparency, have shaken investor trust. Google Trends data shows an 88% drop in “Pi Network” searches since the mainnet debut, signaling waning interest. Trading volume has also dipped, with daily figures falling to around $950 million from highs above $1.75 billion earlier this month, reflecting reduced market activity. Can Pi Coin Bounce Back? Despite the gloom, there are glimmers of hope for a recovery: Domain Auction Impact: The ongoing .pi domain auction, launched on Pi Day (March 14), is burning tokens as users bid with PI. If participation grows, this could reduce supply and lift prices, with some analysts eyeing a return to $2.00. Technical Recovery Signs: A bullish wedge pattern and a MACD crossover suggest potential upside, with resistance at $1.60 as the next hurdle. Breaking this could push PI toward $1.80-$2.00, a 20-40% gain from current levels. Community Efforts: The PiDaoSwap decentralized exchange, developed by the community, aims to stabilize pricing and reduce reliance on external platforms. Success here could bolster PI’s ecosystem and value. Latest Predictions Analysts offer a split outlook: Bearish Scenario: If token unlocks continue to overwhelm demand and no major exchange listing materializes, PI could slip further to $0.86-$1.00, a 30-40% drop from today’s price. Bullish Scenario: Strong auction turnout, coupled with market tailwinds, might propel PI back to $2.00-$2.50 by mid-April, a 40-70% rebound. Posts on X reflect this uncertainty, with some warning of a “crash below $1” due to supply issues, while others see “$2 in sight” if technicals and adoption align. The RSI at 52 indicates neutral momentum, leaving room for either outcome. The Road Ahead Pi Network’s fate rests on its ability to address supply concerns and restore faith. The .pi domain auction and PiDaoSwap offer short-term catalysts, but long-term recovery may depend on clearer communication from the core team and a breakthrough listing. As of 10:11 PM WIB today less than two hours after publication the crypto community remains on edge. Will PI sink further under bearish weight, or rise with renewed vigor? The next few weeks could be decisive.

On March 28, 2025, at 7:03 PM WIB, Pi Network unveiled a new initiative to reinvigorate its vast community: the auction of .pi domains. This move, launched on Pi Day 2025 (March 14), introduces a blockchain-based domain system aimed at boosting engagement and expanding the ecosystem’s utility. As the crypto market thrives Bitcoin above $87,000 and total market cap nearing $3 trillion Pi Network is betting on this step to rally its supporters and potentially reverse recent price struggles. The .pi Domain Auction Unveiled The .pi domain auction allows users to bid on personalized digital addresses (e.g., “yourname.pi”) using Pi Coin (PI), with a minimum bid of 10 PI per domain. Announced by the Pi Core Team, this platform-level application translates the network’s collective resources into a tangible utility, enabling pioneers, businesses, and developers to secure Web3 identities. The auction, accessible via the Pi Browser, kicked off earlier this month and has already sparked a flurry of activity. Nicolas Kokkalis, Pi’s Founder and Head of Technology, emphasized the auction’s purpose in a recent video: “This gives our community a chance to claim their digital presence thoughtfully, without the rush or inflated costs of later markets.” The initiative also doubles as a token-burning mechanism, reducing circulating supply as users spend PI to bid, potentially bolstering its value over time. A Community Revival Strategy? Pi Network has faced challenges recently, with its price dropping from a high earlier this year to around $1.40-$1.50 today a 70% decline from its peak due to massive token unlocks and a lack of major exchange listings. The .pi domain auction aims to shift this narrative by: Boosting Engagement: Encouraging pioneers to actively participate in the ecosystem, reinforcing their stake in Pi’s future. Enhancing Utility: Offering a practical use case for PI, from personal branding to Web3 projects, potentially attracting external interest. Burning Tokens: Locking away PI spent in the auction, which could ease oversupply concerns 82% of the 100 billion total supply remains under core team control, per PiScan data. Posts on X reflect enthusiasm, with users calling it “a Web3 evolution akin to .com in the ‘90s,” though some question its practicality outside Pi’s closed ecosystem. Mixed Predictions and Hurdles Analysts see potential but remain cautious: Bullish View: If the auction drives significant participation and token burns, PI could climb back to $2.00-$2.50, especially with tools like PiDaoSwap gaining traction. A Binance listing, still a community hope after an 86% approval vote in February, could push it further. Bearish Risk: Limited external adoption of .pi domains and ongoing centralization fears might keep PI below $1.00, with some predicting a drop to $0.60 if momentum falters. The broader market’s strength offers a tailwind, but Pi’s success hinges on execution. Technical indicators show a neutral RSI at 56 and a potential bullish wedge, yet the lack of transparency from the core team remains a sticking point. What’s at Stake? With over 1.4 million users in South Korea alone and a global community built over nearly a decade, Pi Network has the foundation to rebound. The domain auction, alongside events like the recent PiFest, aims to prove PI’s real-world value. Yet, without major exchange support or clearer decentralization plans, skepticism persists. As of now, less than an hour after publication at 7:03 PM WIB, the crypto world is abuzz. Will the .pi domain auction reignite Pi Network’s spark, or is it a fleeting bid to stall its decline? The community’s response in the coming weeks will tell the tale.

Mt. Gox protest sign goes to auction for 4.5 $BTC Kolin Burges, who famously protested outside Mt. Gox’s Tokyo office in 2014 during the exchange’s collapse, is now auctioning the handwritten sign he held during that moment, according to CoinDesk. Once a symbol of crypto’s first

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