Pi Coin (PI) Price Prediction: Will August Spark a Rebound From Rock Bottom?

Pi Coin claws at survival after plunging to all-time lows—can this battered token defy gravity in August?

Subheader: The Make-or-Break Month Ahead

PI's chart looks like a skydiver without a parachute, but crypto markets love a comeback story. August brings make-or-break pressure as traders hunt for oversold gems.

Subheader: When 'HODL' Turns Into 'HOPE'

The usual moonboys have gone suspiciously quiet. Now PI's community faces the real test: buying the dip when nobody's watching.

Subheader: The Institutional Wildcard

Watch for exchange listings or partnership rumors—nothing pumps a dying token like Wall Street's FOMO. (Even if it's just some hedge fund intern testing the waters.)

Closing thought: In crypto, Lazarus acts happen daily... until they don't. PI either bounces hard this month or becomes another cautionary tale in your portfolio's 'graveyard' tab.

TLDR

• Pi Coin (PI) is trading near its all-time low of $0.322, having dropped 80% year-to-date
• Trading volume has plunged 69% from $140 million to $43 million in recent days
• Pi Coin shows strong correlation with Bitcoin at 0.93, making it vulnerable to Bitcoin’s price movements
• Chaikin Money Flow indicator shows more selling than buying pressure among investors
• The token needs to hold $0.362 support and break $0.401 to reverse its bearish trend

Pi Coin has reached a new all-time low, creating concern among investors as the cryptocurrency continues its steep decline. The token hit $0.322 last week, marking its lowest price since trading began.

Current data shows Pi Coin trading at $0.340, just 5.54% above its recent all-time low. The cryptocurrency has lost 80% of its value year-to-date, making it one of the worst performers in the crypto market.

Trading activity has dropped dramatically across exchanges. Volume fell from $140 million on August 2 to just $43 million recently. This 69% decline in trading activity happened as the price made new lows.

Pi Coin ranks as the worst-performing cryptocurrency among the top 40 tokens over the past 30 days. The token lost 26% during this period while other similar projects gained value.

Mantle gained 53% and ONDO rose 16% during the same timeframe. This contrast highlights Pi Coin’s unique struggles in the current market environment.

Market Correlation Drives Price Action

The cryptocurrency maintains a strong 0.93 correlation with Bitcoin. This high correlation means Pi Coin tends to follow Bitcoin’s price movements closely.

Recent Bitcoin volatility has put additional pressure on Pi Coin’s price. As Bitcoin faces uncertainty, Pi Coin becomes vulnerable to the same market conditions that affect the leading cryptocurrency.

The Chaikin Money FLOW indicator shows negative trends for Pi Coin. Outflows are exceeding inflows, indicating more investors are selling than buying the token.

This selling pressure reflects declining investor confidence. The continued outflow pattern suggests bearish sentiment dominates current market activity.

PI Coin Price Prediction

Pi Coin price broke below a key trend line support on August 1 with heavy volume. The price action during this period established the current all-time low of $0.322.

The token bounced briefly from this level but has been moving toward it again. Technical indicators suggest another test of the all-time low could happen soon.

The Relative Strength Index remains just above 30, indicating strong negative momentum. This technical reading supports expectations of continued downward pressure.

Low trading volumes suggest limited buyer interest at current price levels. Without increased demand, the token may need to fall further to attract new buyers.

Project Development Concerns

Delays in token migration to the public mainnet have affected investor confidence. The Pi Core Team has faced criticism for not securing listings on major cryptocurrency exchanges.

These operational challenges have disappointed the community. Slow ecosystem development has contributed to the token’s poor price performance.

The lack of major exchange listings limits trading opportunities. This restriction affects liquidity and makes price discovery more difficult for the token.

Pi Coin currently trades at $0.340 with trading volume remaining at reduced levels compared to earlier this month.