Key Insights:
- After losing 64% of its value, Pi crypto value was at a critical level, sparking fears of a further decline.
- A crypto expert noted, “Can someone please explain why this PI scam is still sitting at a $7 billion FDV???”
The Pi crypto value has significantly plummeted over the past few weeks, with data showing a decline of more than 64% since May 2025.
This sharp drop follows a series of negative developments, including network issues, concerns over U.S. tariff policies, and heightened geopolitical tensions stemming from the ongoing Israel-Iran conflict.
24-Hour Pi Crypto Update
At press time, the value of Pi crypto value was $0.6022, having lost over 1.55% in the past 24 hours. During this period, investor and trader participation also declined significantly. Data from CoinMarketCap revealed that Pi’s 24-hour trading volume had dropped by 49% compared to the previous day.
This notable drop in trading volume indicates weakening momentum in the asset, which could lead to sideways consolidation or potentially trigger a further downward move if buying interest fails to return.
Pi Crypto Price Action and Technical Outlook
When combining Pi coin’s recent price action with technical analysis, it appears that the value of Pi crypto value will likely remain sideways until it breaks out above or breaks down below certain key levels.
Expert chart analysis reveals that the value of Pi crypto value has been moving sideways, or in a consolidation zone, for nearly the past two weeks.
This consolidation occurred between $0.5948 and $0.66. However, the recent Israel strike on Iran triggered a breakout from this range, causing Pi crypto value to drop to a low of $0.408. The price has since recovered.
Pi Coin Price Prediction
Based on recent price action and historical patterns, if the Pi crypto value breaks down from the prolonged consolidation and falls below the key support level of $0.52, a massive sell-off could occur.
On the other hand, if sentiment improves and the price breaks out of the consolidation zone by closing a daily candle above the $0.66 level, the sentiment could shift further, and the price may soar significantly.
As of press time, Pi crypto value is trading below the 50-day Exponential Moving Average (EMA) on the daily time frame, which indicates a bearish trend and suggests that sellers currently have the upper hand in the market.
Whereas, its Relative Strength Index (RSI) stands near 39.30, indicating that the asset is approaching the oversold territory, which may suggest weakening selling pressure or a potential reversal if buyers step in.
Why Pi Crypto Value isn’t Gaining Momentum?
Besides the price action and technical analysis, a well-followed crypto expert still considers Pi coin a scam. In a recent post on X, the expert noted, “Can someone please explain why this PI scam is still sitting at a $7 billion FDV??? And who is actually holding this crap??”
This post on X quickly gained widespread attention from crypto enthusiasts, garnering over 105,000 impressions within just a few hours and spreading like wildfire.
In addition to this, a crypto expert recently responded to the Pi Network community, which had advised users, “Remember to only use the Pi wallet in the Pi Browser to safeguard your Pi.”
In reply, the expert expressed frustration, stating, “Stop talking nonsense. I don’t want to hear it. Give me back that damn $Pi. I’ve worked hard for six years. You still haven’t mapped it for me until now. What’s your reason for constantly delaying? Mapping is the right of every pioneer. Hurry up and map it, Pi Network.”
This makes the sentiment around Pi coin more abnormal compared to other cryptocurrencies and contributes to its perception as a bearish asset.