Pi Falls to $0.18 Amid App Studio Updates

Coinspeaker
PI7,53%
TOKEN-1,3%
DOGE0,03%

Key Notes

  • Pi has fallen 10% this month and 78% since its February exchange debut.
  • 142 million Pi tokens are set to unlock over the next 30 days.
  • Price remains range-bound at $0.18-$0.20, with resistance at $0.20-$0.22.

Even after updates to the Pi Network’s App Studio, sentiment around Pi

PI $0.18

24h volatility: 1.7%

Market cap: $1.53 B

Vol. 24h: $12.14 M

remains muted.

The token is testing support near $0.183, with daily trading volumes down 25% to $11 million.

Related article: Pi Network Seeks MiCA Compliance in Latest Move, Pi Coin Rally Ahead?Pi faces a critical point as a major token unlock approaches within the next 30 days.

Pi Remains Under Pressure Amid Bearish Trend

Pi’s broader trend remains bearish. The token has dropped nearly 10% over the past month and is down more than 78% since its exchange debut in February.

Market sentiment is being weighed down by thin trading volumes and low retail participation.

Data from PiScan shows that 142 million Pi tokens are set to unlock over the next 30 days.

This large token release could add further pressure on Pi, reducing the likelihood of a near-term recovery.

Pi’s price has been trading in a narrow range between $0.18 and $0.20, currently hovering just above the $0.18 support level. Resistance is concentrated between $0.20 and $0.22

A sustained move above $0.20 could lead to a test of higher resistance levels, while a breakdown below $0.18 may push the token toward the next support around $0.16.

Pi’s price chart. | Source: TradingView

The Relative Strength Index (RSI) is near 40, indicating the market is balanced between buying and selling pressure.

The MACD is showing a weak bearish signal, with the MACD line below the signal line, suggesting muted momentum and the potential for further downside.

Pi Network Unveils Updates to Pi App Studio

In a recent blog post, the Pi Core Team announced updates to its App Studio, including a new Pi payment integration.

The feature allows users to add in-app Pi payments without technical expertise.

Currently, payments are limited to Test-Pi and only work within a single active session, enabling use cases such as unlocking additional features or purchasing in-app items. The team noted:

“With the current version of the feature, creators can add Test-Pi payment interactions that apply during a single active session (while the app is in use)… A single “session” refers to one self-contained instance of activity in an app, such as a round, task, or experience.”

The Pi Network team also introduced a feature that lets Pioneers deploy app iterations by watching ads instead of paying with Pi.

This change is intended to expand access for users who have not yet migrated and for those with limited Pi balances.

Degen Meme Coin Maxi Doge Raises $4.5M in Presale

Degen meme coin Maxi Doge (MAXI) is turning heads after its presale raised over $4.5 million.

True to its name, the project leans into max leverage trading and comes packed with community-focused features that keep investors engaged.

The project also offers staking rewards and runs a trading group where top performers earn MAXI tokens.

On top of that, the team is planning partnerships aimed at boosting perpetual-based trading, adding more ways for users to profit and participate.

Tokenomics of Maxi Doge

  • Ticker: MAXI
  • Price: $0.0002795
  • Funds Raised: $4.5 million

Under the presale setup, 40% of the total token supply is open to the public, with a hard cap of $15.76 million. Once that limit is hit, the presale will close and MAXI is expected to hit decentralized exchanges, setting the stage for what could be an explosive launch.

Check out our guide on how to buy Maxi Doge so you can get in on the ground floor before it hits the DEXs.

nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pi Network rebounds 3%, with the token listing on Kraken boosting buying confidence

Pi Network (PI) has recently surged, showing weakening profit-taking trends. Kraken and LBank have been added as official centralized exchanges supporting PI trading, enhancing liquidity. On-chain data shows CEX net inflows turning positive, indicating strengthened holding intent among holders. Technical analysis shows PI still faces resistance but has rebound potential, requiring a breakthrough of the 50-day moving average and rising RSI to challenge the psychological $0.20 level.

MarketWhisper28m ago

Pi Launchpad officially goes live on the testnet; Pi ecosystem tokens are no longer intended for fundraising.

Pi Network announced the launch of its Pi Launchpad testnet, focusing on token user acquisition and product utility. The three core design principles are: tokens serve user acquisition purposes, rewards flow into liquidity pools, and projects must have executable products. The platform enables project teams to promote innovation, while pioneer users can participate in testing and earn tokens, creating positive feedback. This design helps build a healthy decentralized exchange ecosystem and avoid speculative token issues.

MarketWhisper4h ago

ChatGPT Predicts Pi Coin Price if Bitcoin Hits a New All-Time High in 2026

Pi Network is holding its ground even while the crypto market feels shaky. They just rolled out Protocol 20, which sets the stage for smart contracts and future apps. The Pi Coin price might not look exciting right now, but the tech behind it is getting stronger. Even with the market down, Pi

CaptainAltcoin7h ago

Pi Network Mainnet Faces Critical Test: Can Pi Coin Break Through the $0.18 Consolidation to Achieve True Value Revaluation?

Pi Network's Pi Coin is gradually transitioning into a real-circulation Layer 1 token. The token is currently fluctuating between $0.17 and $0.18, with market focus on user adoption and ecosystem implementation. As the mainnet opening approaches, token supply-demand imbalance is affecting the price, making it difficult to break out of the consolidation range in the short term. Long-term prospects depend on factors such as ecosystem expansion and user activity levels.

GateNews03-19 06:22

Pi Network Completes Mainnet Upgrade to Protocol 20

Pi Network has completed a major update, launching its Mainnet on Protocol 20. This enhances smart contract capabilities, paving the way for future app development and positioning Pi for real Web3 utilization.

Coinfomania03-19 05:45
Comment
0/400
No comments