Key Insights:
- •Pi Coin price extends its slide below the $0.25 support after failing to secure demand.
- •An analyst and Pi Network proponent highlights liquidity challenges, encourages Pi Core Team to take action.
- •The analyst proposes ideas that could shift focus from speculation to utility.
The Pi Network community continued to face tough times as Pi Coin price extended its decline. This was despite rising bullish expectations on account of the altcoin season hype.
Pi Coin proponents anticipated a recovery, especially after the surprising decline towards the tail end of September. The cryptocurrency achieved some recovery and even built up some resistance within the $0.25 price level.
The recovery expectations were mostly driven by the fact that Pi price was recovering from oversold territory.
However, a 5% dip in the last 24 hours led to the $0.25 support breakdown, chipping further into recovery hopes.
Pi Coin price was nearing retest its historic low at its $0.24 press time price tag.
The cryptocurrency’s failed attempts at achieving a recovery and weak liquidity inflows have been eroding community confidence.
Nevertheless, some analysts believed that there was still hope for Pi Coin.
Analyst Reveals How Pi Coin Price Can Recover
An X-based analyst and Pi Coin proponent under the pseudonym Dr. Altcoin believes that Pi’s situation can still be salvaged.
He noted in a recent post that the Pi community has done its part and that the Pi Core Team still had one important card to play that could change the cryptocurrency’s fate.
Dr. Altcoin believes that Pi Coin price will likely continue on its downward trajectory if the Pi Core Team fails to take action.
The analyst proposed that the team should either implement coin burning mechanisms or conduct buybacks from centralized exchanges.
Dr. Altcoin’s proposal aims to reduce the Pi Coin circulating supply. Some existing crypto projects, such as Shiba Inu, implemented such measures in the past to reduce the supply over time.
Pi Coin currently has an inflationary supply and is slated to unlock over 118 million new PI tokens into its circulating supply in the next 4 weeks.
The network has unlocked over 5 billion Pi coins in the past, bringing the total circulating supply to 8.24 billion Pi.
The token unlocks have been diluting any existing demand for the cryptocurrency, thus explaining its downward trajectory. Pi Coin has a maximum supply of 100 billion Pi.
Pi Network Founder Proposes a Shift from Speculation to Utility
Beyond Pi Coin price action, Dr. Altcoin acknowledged some ideas presented by Pi Network founder, Dr. Chengdiao Fan, at the TOKEN2049 summit.
Dr. Chengdiao’s presentation included heavy criticism of the industry’s speculative nature.
Dr. Chengdiao highlighted the need to transition to a focus on utility. She revealed that Pi Network was already working on utility through its push towards supporting real‑world assets (RWAs).
She also noted that the network has been working towards creating more utility on‑chain, courtesy of its AI app studio.
In other words, the network aims to leverage AI to make it easier for the community to build dapps, which will add more value to the Pi network ecosystem.
Dr. Chengdiao also noted that Pi Network was not expected to unlock value immediately but will do so in the long term. She expects the network to unlock that value within the next 5 years.
In summary, Pi Network has been working towards aligning itself with key narratives such as AI and RWAs.
While this may be good news for long‑term investors, the same courtesy does not extend to short‑term investors anticipating a sizable Pi Coin price rally before the end of 2025.