Pi Network’s Bearish Outlook Sparks Concerns as Analysts Predict Potential Collapse

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News - Cryptocurrency analysts are issuing stark warnings about Pi Network's future, suggesting the token could plummet to zero by 2026 despite broader market rallies. This bearish sentiment sharply contrasts with current bull market momentum, raising serious questions about Pi's fundamental viability. While no concrete evidence supports these dire predictions, the absence of substantive development milestones or major exchange listings continues to fuel skepticism. 'The likelihood of Pi mooning in this cycle is NEAR zero,' one analyst noted, pointing to the project's prolonged closed-mainnet phase and unproven utility. Meanwhile, payment-focused projects like Remittix's RTX token are gaining significant traction, having surpassed $25.8 million in presale funding. The project recently launched a referral rewards program as it approaches the $30 million milestone, demonstrating stronger market confidence compared to the embattled Pi Network.