Pi Network’s Struggles Highlight Challenges for Emerging Cryptos Amid Binance’s Dominance

Pi Network's ambitious $10 price target appears increasingly unattainable as market pressures mount. Despite significant user growth—adding 3 million users post-Mainnet launch and maintaining 13 million active pioneers—the token's value has plummeted 30% monthly to $0.50, nearing a critical support level of $0.40. Technical indicators, including an oversold RSI at 30 without bullish confirmation, suggest further potential declines. The network's lofty commercial goals, such as a $100 million initiative, face skepticism amid these struggles. This scenario underscores the challenges emerging cryptocurrencies face in gaining traction, especially in a market dominated by established players like Binance. As of June 2025, Pi Network's performance serves as a cautionary tale for new entrants in the highly competitive crypto space.

Pi Network Price Struggles Amid Growth Metrics

Pi Network's ambitious $10 price target appears increasingly unlikely as market realities set in. Despite adding 3 million users post-Mainnet launch and boasting 13 million active pioneers, the token has plunged 30% monthly to $0.50 - dangerously close to its $0.40 support level.

Technical indicators flash warning signs, with RSI at oversold 30 levels absent bullish confirmation. The network's commercial ambitions - including a $100 million venture fund and gaming apps - contrast sharply with its trading performance. Market skepticism grows as Pi Coin fails to capitalize on ecosystem development.

Binance KOL Campus Unites Crypto Influencers in Montenegro

Binance hosted its KOL Campus in Montenegro from June 16 to 19, 2025, gathering over 80 key opinion leaders from Central and Eastern Europe, the CIS, and the Balkans. The event aimed to strengthen the crypto community through workshops on generative AI and strategies for growing crypto-focused content platforms.

Incrypted, among other participants, engaged in discussions about effective content formats and audience engagement in Web3. Kirill Khomyakov, Binance's Head of Regional Markets, emphasized the value of networking for sharing practical insights among bloggers.