Pi Network Struggles Under Market Weight Despite MEXC Listing Hype

Another ’next big thing’ crypto faces reality check as trading volume fails to match exchange enthusiasm.

MEXC’s bullish listing meets bearish momentum—Pi’s ’mobile mining’ narrative isn’t moving the needle.

Meanwhile, traditional VCs quietly dump their bags while retail investors meme about ’hodling.’ Just another Tuesday in crypto.

Analysts Warn: $0.40 May Be the Next Stop

One of the most vocal critics of the current state of the Pi Network is popular crypto analyst Dr Altcoin. In his latest forecast, Dr Altcoin warned that unless the Pi Core Team significantly improves transparency and communication with the public, Pi’s price could continue its downward trajectory — potentially hitting $0.40 before the end of August.

The warning is based not only on technical indicators but also on growing frustration within the PI Network community. Many investors have long raised concerns about the lack of clarity from the development team. Despite multiple milestones and updates, there is still a great deal of uncertainty about the coin’s roadmap, real-world applications, and long-term strategy.

“No investor wants to put their money into something where the founders refuse to be transparent,” said Dr Altcoin, emphasizing the need for open dialogue between the Core team and the broader Pi community.

Long-Term Vision Still Intact?

Despite these short-term concerns, it WOULD be premature to dismiss Pi Network’s long-term potential. In fact, the project recently introduced the introduction of the $100 million Pi Network Ventures Fund. This fund aims to support startups across emerging sectors such as artificial intelligence, gaming, fintech, and e-commerce. If successful, it could pave the way for real-world applications of the Pi token.

According to the Pi CORE Team, this investment initiative is part of their broader mission to create a decentralized ecosystem powered by the Pi cryptocurrency. If these projects gain traction and attract user engagement, the resulting utility could eventually drive demand for the token — potentially supporting higher prices in the future.

Still, without significant changes in communication and project transparency, many investors remain cautious. Blockchain and crypto markets thrive on community trust and visible progress, and in that regard, Pi still has work to do.

Critical Price Levels to Watch

Currently, Pi is trading at approximately $0.64, sitting well below the psychological resistance level of $1. If momentum fails to pick up soon, technical support NEAR $0.55 may be tested, followed by a key support zone at $0.40 — the level many analysts are eyeing as a potential bottom.

On the upside, a break above $0.85 would be the first real sign of a bullish shift. If this level is reclaimed with strong volume, a MOVE toward $1.15 could become realistic. Until then, however, the short-term trend remains uncertain and tilted to the downside.

Final Thoughts

Pi Network remains one of the more intriguing but polarizing projects in the crypto space. Its massive user base and expanding development efforts suggest long-term potential. However, in the fast-moving world of crypto, short-term performance often hinges on clear communication and decisive action — two areas where the project is currently falling short.

If the Pi Core Team steps up its efforts to engage the community and demonstrate real use cases for the Pi token, the outlook could improve. Until then, caution is advised, and the warning signs pointing to a potential retest of $0.40 cannot be ignored.