Pi Network Struggles Under Heavy Selling Pressure – Can This $0.08 Dark Horse Outpace It to $1?

Crypto analysts are placing bets on an underdog altcoin as Pi Network faces relentless bearish pressure. While Pi's community-driven model sputters, traders are piling into a low-cap contender priced at just $0.08 – with some predicting a 12x surge to $1 before Pi recovers.

The $1 Question: Fundamentals or Hype?

Market watchers note the unnamed token's aggressive burn mechanism and CEX listings contrast sharply with Pi's mobile-mining gimmicks. 'This isn't 2021 anymore – projects need actual utility, not just viral marketing,' quips one hedge fund manager between sips of his $28 cold brew.

Timing the Tipping Point

With Pi's circulating supply still ballooning and its mainnet migration stalled, the clock may be ticking. The $0.08 token's deflationary model gives it a mathematical edge, though skeptics warn retail investors are 'playing hot potato with a grenade.' Either way, someone's getting rich – or wrecked – by Labor Day.

Pi Network Under Pressure and What Comes Next

Source: TradingView

Pi Network’s recent price action shows persistent selling. Pi Network trades around $0.45 and Pi Network’s correlation with bitcoin sits at –0.50, meaning Bitcoin rallies do not lift Pi Network price. Despite being set to launch its stablecoin, and launch of Pi App Studio, the Squeeze Momentum indicator on Pi Network’s chart shows black dots signaling built‑up pressure.

In other cryptos, that often means a sharp MOVE when the squeeze releases. For Pi Network, it could lead to a sudden drop back toward $0.40. With trading volume light and sentiment sour, Pi Network holders face a choice: bet on a turnaround or rotate into projects with working products and clearer upside.

Remittix: Analysts Back $0.08 Coin to Reach $1 First

While Pi Network struggles, many analysts are eyeing Remittix as the $0.08 coin primed to hit $1 first. Remittix’s under‑dollar presale has raised $16.7 million through the sale of 560 million tokens at 0.0842 each. Its CertiK‑audited smart contracts power a merchant API that settles cross‑border payments in over 30 fiat currencies. The upcoming mobile wallet alpha will offer live FX conversion in under five seconds and optional staking vaults with up to 20 percent APY.

• Rapid merchant onboarding with a one‑click payment widget
• Subscription billing API to automate recurring RTX charges
• Micropayment fees under one cent support everyday use
• Tiered staking rewards to lock in passive income
• On‑chain analytics dashboard for live transaction tracking

Early backers can also enter a $250 000 giveaway before the $18 million soft cap is reached.

Conclusion: Shift Focus to Disruptive Utility

Pi Network’s price pressure highlights the risks of tokens that lack catalyst-driven demand. Remittix offers a different path: real‑world payment rails, ultra‑low fees, and built‑in staking rewards—all under one dollar. For investors watching Pi Network’s decline, rotating capital into Remittix may capture the next wave of crypto adoption and set the stage for a move from $0.08 to $1 before many mainstream tokens even see their next cycle.

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway