Pi Coin is Falling Again – A Buying Opportunity or a Sign of Collapse?

After a period of slight recovery, Pi Coin is once again facing significant selling pressure and is struggling to maintain its position in the market. The price of Pi is currently fluctuating around $0.77 after reaching a short term peak of $1.67 but is unable to sustain the upward trend. Price Volatility and Important Technical Levels Since being listed, Pi Coin has experienced many strong fluctuations. Initially traded at $3, Pi quickly dropped to $0.60 on the same day. However, just 34 days later, this coin had recovered back to the $3 mark. This rapid recovery prompted many investors to decide to take profits early, creating significant selling pressure around this price level. Currently, the nearest resistance levels that Pi needs to overcome are: $0.94$1.20$1.66 If Pi Coin surpasses these levels, the short term price target could return to the $3.00 area — which was previously a former peak and also a strong psychological resistance level. On the contrary, $0.65 is an important support zone. If this level is breached, the price of Pi risks entering a deeper decline. Token Unlock Schedule: Increased Selling Pressure Risk Another negative factor weighing on the price of Pi is the upcoming token unlock schedule, with a large amount of Pi set to be released into the market in just a few days: May 26: 10 million Pi will be unlocked May 27: 12 million Pi will be unlocked May 28: 15 million Pi will be unlocked — the largest batch in the next 30 days The fact that a large amount of tokens are released in a short period of time can lead to increased selling pressure, especially if investors want to quickly convert to cash before the price drops further. Positive Signals from the Pi Network Ecosystem Despite short term price pressures, the Pi Network ecosystem is still making impressive strides. According to analyst Kim Wong, there are currently over 100 decentralized applications (DApp) built on the Pi platform, with some already operating on Mainnet, while others are being tested or developed. In addition, the announcement of a 100 million USD Venture Capital Fund has created a wave of excitement in the community. This fund is expected to accelerate the development of applications and expand the ecosystem, thereby enhancing the practical use value of Pi Coin. Strong User Growth Pi Network has now surpassed 70 million global users, including: 20 million users have successfully completed KYC 4.3 million followers on social media X ( Twitter ) Moreover, Pi Coin is now listed on many exchanges and ranks #26 in market capitalization among all cryptocurrencies—a significant achievement for a project still in the process of completing its Mainnet. Conclusion: Short Term Instability – Long Term Potential In the short term, Pi Coin is facing many risks, including selling pressure from token unlocks and a dense resistance zone. However, with a rapidly expanding ecosystem, a large community, and strong support from investment funds, Pi still holds long-term potential if the development team continues to maintain growth momentum and address current technical challenges.