Pi Network Crashes 17% to $0.61: Will Pi Coin Break Out or Break Down?

Amid increasing demands for openness from supporters, the latest Pi Network news indicates the project is at a critical point. Recent Pi Coin price movements and investor sentiment underscore the project’s urgent need for better communication by developers. Pointing to the Mantra crash, users caution that Pi could face similar issues without major governance changes. Nevertheless, some analysts are cautiously optimistic, indicating that the Pi project retains the potential to regain momentum.

The Pi Network price is near $0.615 following a significant 17% decline, entering a well-defined demand zone. Past price movements show that this level has often triggered upward reversals for Pi. Observers suggest this situation could lead to a breakout if investor confidence is restored. Such confidence can only be achieved through transparency, the key element influencing the Pi project’s future path.

Transparency: The Missing Catalyst in Pi Network’s Growth

Demands for openness dominate Pi news discussions. Dr Altcoin highlights the project’s lack of transparency as a critical issue. He noted that the developers’ silence after the Open Mainnet launch mirrors trends seen in other failed projects. This absence of communication raises questions about the network’s commitment to decentralization and user-led growth.

The lack of a Pi exchange listing represents another significant concern among participants. Major platforms like Binance and Coinbase are reluctant to list the Pi token, given the project’s lack of transparency. These exchanges demand access to data on project metrics, token distribution models, and smart contract audits, which Pi has not provided yet. Therefore, many supporters argue that the Pi project risks prolonged stagnation without adopting open practices.

Tokenomics Under Fire: Centralized Holdings Raise Red Flags

Pi Coin price forecast indicates that transparency could lead to a substantial Pi price surge. Analysts suggest increased openness might attract institutional interest, pushing the Pi price toward significant milestones. A major Pi exchange listing could serve as a major catalyst, pushing the Pi Network past its $3 ATH.

Furthermore, better communication could ease worries regarding Pi’s tokenomics model. Over 50% of Pi tokens are tied to the developers within three main wallets. This significant concentration of power fuels manipulation concerns among market participants. A clear and open redistribution plan would rebuild trust and bolster the case for long-term investment.

Oversold Signals Flash Green — Will Technicals Spark a Rebound?

Despite the recent bearish sentiment, technical signs suggest that the Pi price might be headed for recovery. Its RSI has dropped to 28, and Pi Coin price prediction models show this is an oversold territory that often precedes sharp rebounds. Historically, Pi has surged almost 100% following similar RSI readings, supporting speculation of a short-term uptrend.

Chart 1 – Published on TradingView, April 16, 2025.

Additionally, as seen in Chart 1, the three-hour chart shows Pi price recently re-entered a high-volume demand zone. This level has previously marked significant buying activity, and traders are closely monitoring the $0.73 PoC. Exceeding this resistance could trigger momentum that drives the Pi Coin price beyond $1, supporting longer gains if transparency improves.

Crossroads Ahead: Will Transparency Be the Pi Network’s Turning Point?

The combination of technical indicators and strong user advocacy puts the Pi project at a crucial crossroads. Short-term Pi Network price rebounds could provide temporary relief, but the long-term outlook depends on whether the Pi Core Team embraces openness. Without it, risks like investor fatigue and price stagnation remain high.

Alternatively, the rewards could be significant if the Pi project provides truthful, regular updates. Clear communication might facilitate institutional adoption, a primary Pi exchange listing, and Pi price recovery. Such developments support an optimistic long-term Pi Coin price prediction, helping the token establish sustainable upward trends.