Pi Price Prediction: Analyst Predicts 50% Pi Network Crash to $0.30 if Core Issues Remain Unfixed

Pi Network is making headlines again as the project prepares for its highly anticipated Open Mainnet transition. Cryptocurrency analyst Dr Altcoin has issued a severe warning amid rising community excitement. He urges the PiCoreTeam (PCT) to learn essential lessons from the recent Mantra (OM) crash. The analyst stated that Pi risks following the same disastrous path if it fails to establish stronger safeguards and transparency protocols before its mainnet launch.

The OM crash sent shockwaves through the crypto ecosystem. Mantra’s price plummeted from $6.32 to just $0.57, wiping out billions in market capitalization overnight. This unexpected collapse triggered fresh scrutiny of emerging projects, putting Pi Network at the center of attention. Dr Altcoin emphasized that Pi Coin could face a similar outcome without implementing essential protections. This risk increases given the network’s persistent issues with transparency and Know Your Customer (KYC) procedures.

OM Crash: A Cautionary Tale for Pi Network

Mantra, once seen as a rising crypto star, shocked investors when it lost over 90% of its value in just one day. Official explanations point to mass liquidations as the primary cause for this downturn. However, many analysts believe a coordinated dump triggered the crash. The fallout resulted in an estimated $6 billion in total market losses. Traders who bought OM days before lost around $400 million.

The $OM incident is a wake-up call for the entire crypto industry—proof that stricter regulations are urgently needed. It also serves as a HUGE lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet. @PiCoreTeam @nkokkalis @Chengdiao pic.twitter.com/zBN4LSsONN

— Dr Altcoin (@Dr_Picoin) April 14, 2025

For the Pi Network, the Mantra crash serves as a stark reminder. It highlights risks that unprepared blockchain projects face when planning major transitions. Dr Altcoin emphasized that the PiCoreTeam must act quickly to build essential market mechanisms and investor safeguards. He stated, “The OM incident is a wake-up call for the entire crypto industry.”

Transparency Concerns Cloud PCT’s Credibility

Dr Altcoin also warned about the PiCoreTeam’s transparency track record. He noted that the growing criticism of the team’s lack of openness has been a consistent part of recent Pi news. This concern is particularly related to the Pi Coin’s locking and burning mechanisms. The analyst cautioned that this opacity could seriously decrease community trust during the public mainnet transition.

Persistent delays in the Know Your Business (KYB) process add further skepticism. These delays have already driven projects like PiDaoSwap to move to external platforms like Binance Chain. Such hold-ups hint at structural inefficiencies that could harm the broader Pi ecosystem. Dr Altcoin believes fast-tracking KYB approvals is critical to retain developer and user confidence.

Pi Network Price Volatility and Miner Capitulation Raise Red Flags

Despite the recent Pi Coin price surge to $0.61, Dr Altcoin remains skeptical. He forecasts a potential Pi price drop to $0.30 if PCT does not introduce stabilization measures. A flood of Pi tokens entering exchanges could worsen Pi Network price volatility without proper control mechanisms, damaging investor confidence.

Additionally, Pi miners are reportedly losing faith as mining yields diminish. Concerns about the network’s real-world utility prompt many miners to exit the ecosystem. The Pi miner capitulation adds urgency to the need for the PiCoreTeam to address foundational issues before the public mainnet launch.

A Pivotal Moment for Pi Network’s Future

Recent Pi news highlights a path full of both potential and risk. According to Dr Altcoin, the lessons of the Mantra crash should catalyze immediate action. Key among his recommendations are establishing Pi Coin price controls, accelerating KYB/KYC verification processes, and committing to full transparency about tokenomics and project governance.

The PCT’s ability to act on these warnings could determine whether Pi grows or fails. As Dr Altcoin concludes, “Unless the PCT implements measures to stabilize the price, we could see Pi drop to around $0.30 in the coming months, before a potential recovery starting at the end of August 2025.” Now, all eyes are on the PiCoreTeam to see if they can do what’s necessary.