Pi Network’s Steady Growth Fueled by Organic Demand, Analyst Reports

Pi Network (PI) has seen a 5% surge this week, maintaining a stable average price of $0.60 over the past three months. The token's resilience is notable in a bearish market, defying the volatility often seen with new entrants.

Launched on February 20 at $0.0991, Pi experienced a rapid 2,812.41% increase within six days before an 81.51% drop by April 4. Despite monthly declines of 66.5% in March and 13.9% in April, May brought a 6.39% recovery. June has been more challenging, with a 17.4% decrease.

Dr. Altcoin, a cryptocurrency analyst, credits PI's stability to genuine demand rather than speculative trading. "PI's price movement reflects organic market demand and long-term support—not hype," he explained. The network's $100 million ecosystem fund further highlights its potential for growth.