Pi-Network Prize crashes to New Low All times in the midst of scrapping rumors about OKX, Mexc

Pi -Netwerk is once more central in controversy, whereas rumors unfold over giant exchanges which can be planning to scrap the token. Hypothesis grew after alleged studies claimed that OKX would droop new borrowing for Pi/USDT -Marge pairs and the Munt would fully cancel on 27-28 August. Such a motion would scale back liquidity and falling institutional belief.

The rumors rapidly led to panic amongst pi-holders, a lot of whom are already pissed off by repeated delays within the Mainstet launch and rising doubts concerning the long-term imaginative and prescient of the challenge. For some, the “pioneer” dream of constructing a group -driven digital foreign money seems to be fading.

Market analyst Dr. Altcoin, nonetheless, got here in to calm buyers and clearly acknowledged that the cancellation rumors are incorrect. He confirmed that PI continues to behave actively with stable volumes on each OKX and MEXC.

“The rumors about scrapping Pi from OKX or MEXC usually are not true! Pi continues to actively act with wholesome volumes on each OKX and MEXC,” he wrote.

What’s the subsequent step for Pi Coin Worth?

But the value of Pi tells a distinct story. The token at the moment trades round $ 0.34, a lower of greater than 2% within the day, and solely two days in the past it set a brand new $ 0.3304 low. This marks a pointy lower of 88% in comparison with its peak of $ 2.98 in February 2025. Whether or not Pi can bounce again above crucial resistance ranges and tries to get better $ 1 stays unsure.

Specialists usually are not even about the place the PI community goes. Some suppose that the value may rise to round $ 1 towards mid -2025 and even contact $ 4 if the mainnet is lastly launched and KYC works properly. Others warn that if PI doesn’t stay above $ 0.38, this might fall again to $ 0.30, with extra losses potential from token -disconnecting.

Most agree that 2025 will determine the way forward for PI, whereas long-term predictions differ from $ 0.48 to $ 1.75, relying on the adoptive and alternate allessions.