Pi Network Coin Crashes to $0.35 – Hidden Gem or Falling Knife in the Undervalued Crypto Race?

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2025-08-06 11:00:00

Pi Network's token takes a nosedive—but bargain hunters are already circling. Could this be the most overlooked play in crypto, or just another casualty of speculative hype?

The $0.35 question: Market watchers split on whether Pi's plunge signals a buying opportunity or confirms its 'ghost chain' reputation. No VC backing, no institutional hype—just 35 cents and a mountain of retail hope.

Undervalued or overestimated? While TradFi analysts scoff at mobile-mined tokens, crypto maximalists see parallels to Bitcoin's early skeptics. 'It's either the next ETH or the next Bitconnect,' quipped one anonymous trader.

The cynical take: Another day, another altcoin proving that 99% of 'undervalued' projects are just assets waiting for greater fools. But hey—at least the mining app still has those cute lunar phase animations.

Pi Network is back in the spotlight, but not for the right reasons. The Pi Price dropped to $0.35, triggering fresh concerns as selling pressure rises across centralized exchanges. Yet some investors now wonder if this dip puts it on the list of most undervalued crypto assets for August 2025.

With fundamentals in question and rivals gaining ground, it’s time to ask for a bargain or a falling knife?

Pi Network Price Prediction Turns Bearish Below $0.40

Pi Network (PI) isn’t riding the August recovery wave. While Bitcoin, Ethereum, and even Cardano claw back recent losses, PI Price continues to inch lower. It’s now hovering around $0.35. That’s a 2% dip on Monday and nearly a revisit to its all-time low from just days earlier. Analysts tracking Pi Network News say the signals point to a deepening short-term bearish trend, but does that make PI one of the most undervalued cryptos this August?

Centralized exchange wallets now hold over 401 million Pi tokens, with Gate.io carrying nearly half that. Pi Network Price looks fragile as increased exchange deposits often point to sell-offs. This pressure isn’t just from investors. The Pi Foundation itself offloaded 2.53 million PI tokens in just 24 hours, sparking renewed concern and accelerating the negative sentiment.

Technical charts aren’t offering much relief either. MACD has flipped bearish. The RSI sits NEAR 25, deep in oversold territory. Unless bulls reclaim $0.40, a level that once acted as support, Pi Network Price Prediction stays tilted toward further losses.

Still, the case for undervaluation grows. As fear drives sell pressure, some analysts argue PI Price Today offers entry at a discount, especially if the project’s roadmap gains traction before year-end.

Remittix Looks Undervalued as Utility Keeps Growing

While Pi Network Price slumps to $0.35, many traders are turning their focus toward Remittix, a low-cap PayFi altcoin that’s been flying under the radar. With over $18.2 million already raised and a real-world mission in motion, Remittix is being called one of the most undervalued cryptos this August, despite outperforming most.

Unlike Pi Network and Cardano, which are selling future visions, Remittix tackles a visible pain point: the cost and complexity of cross-border payments. For freelancers in Africa or Asia waiting days to receive funds, Remittix offers a fix that takes seconds.

The upcoming Remittix Wallet, set to enter beta on September 15, is the first real product in a growing ecosystem. And with analysts projecting gains up to 6000%, the undervaluation narrative isn’t just wishful thinking it’s backed by growing demand.

Key reasons Remittix looks undervalued right now:

Transfers crypto directly to fiat in any bank account, no extra app needed
Already supports over 30 fiat currencies and 50 crypto pairs
Avoids centralized exchanges, saving fees and delays
$250,000 Remittix Giveaway is still live for new token holders

As Pi Network News circles around sell-offs, Remittix keeps moving forward with product launches and a clear path to utility. It might not stay “undervalued” much longer if adoption keeps growing at this pace.