The post Pi Network Price Will Not Fall Below $0.40, Here’s Why appeared first on Coinpedia Fintech News
The Pi Network has seen its price drop steadily over the past months. From once trading as high as $2.79, Pi is now hovering around $0.49. This has left many holders and miners frustrated, wondering how much lower it could go. But here’s some good news, according to expert Dr Altcoin, Pi Network price may not fall below $0.40 anytime soon. Here’s why:
The Pi Core Team Controls 90% of the Supply
One reason Pi is expected to stay above $0.40 is because the Pi Core Team (PCT) holds around 90% of the total Pi tokens. Since they control such a large amount, they have the power to manage how many coins enter the market and when.
If the price falls too low, especially below $0.40, it would hurt the coin’s image and market rank. A drop like that could push Pi out of the top 30 crypto rankings, making it seem less attractive to investors and traders.
The Pi team knows this and will likely take steps to prevent such a drop, either by slowing down token unlocks or making announcements.
Too Much at Stake for the Pi Network
If Pi’s price falls under $0.40, it won’t just affect traders, it could hurt the whole project’s reputation. Big investors, developers, and ecosystem partners might lose interest. That’s why keeping the price stable is important for the Pi Core Team.
They’ve already shown they can manage the market by controlling how many tokens get unlocked and by making timely ecosystem updates.
Price Forecast: What’s Next?
According to chart patterns, Pi’s price might aim to stay between $0.40 and $0.70 until the end of August. After that, as the number of new tokens entering the market decreases, the price could start to rise slowly. Unless there’s a big announcement or sudden hype wave, no major jump is expected in the short term.
