The Pi Network has recently gained attention after the introduction of its Pi coin on the MEXC exchange. Yet, its price remains constrained around $0.64, unable to cross the critical $1 threshold, casting doubts on renewed investor trust. Analyst Dr. Altcoin highlights the coin’s transparency issues as a possible reason for negative momentum, foreseeing a dip to $0.40 by the end of August if these challenges aren’t addressed. Nevertheless, the ecosystem took a positive step with the launch of a $100 million Pi Network Ventures Fund aimed at creating real-use cases in AI, gaming, fintech, and e-commerce. Should the altcoin team succeed in building sustainable applications, the price could first rise to $0.85 and then potentially reach the $1 to $1.15 range.
Overcoming Trust and Transparency Barriers in Price Movement
In his recent analysis, Dr. Altcoin noted, “Investors feel uneasy when founders shy away from public appearances.” The analyst regards the official team’s failure to provide a clear roadmap or share details about the coin’s economics as a significant risk. Past price fluctuations support this view, as the psychological $1 resistance has been repeatedly tested but ultimately resulted in increased selling pressure, pushing the price back down.
According to the analyst, uncertainty surrounding the Pi coin might deepen toward the end of July. The mining community’s silence on transitioning to the main network has diminished motivation. If the price closes below $0.60 weekly, support levels of $0.55 and $0.48 could come into play sequentially. Investors not wishing for the situation to deteriorate await clear statements from the management team. Otherwise, Dr. Altcoin’s projection of $0.40 might become a reality.
Plans to Expand the Ecosystem with Investment Funds
The $100 million Pi Network Ventures Fund focuses on the application layer rather than just the altcoin. The fund particularly targets areas like AI-driven payment models, Blockchain-based in-game economies, and cross-border micropayments. Selected startups will develop projects that integrate Pi coin into daily life, aiming to boost both the user base and demand for the coin in transactions.
Should these initiatives succeed, the market perception of Pi Network could undergo a radical shift. If investors experience tangible scenarios, such as transaction fees being paid in Pi, then the $1 barrier might become merely symbolic. This momentum could invigorate market volume and pave the way for new listings. Experts caution that price sustainability without concrete use cases would be overly optimistic.
