Pi Coin in July 2025: Potential for Rebound or More Decline?
Pi Coin finds itself at a crossroads after a significant drop of nearly 70% since its May peak, now trading around $0.523. With the market uncertain, the question remains: will Pi bounce back, or continue to falter?
Despite the price drop, some investors remain optimistic due to the Pi development team's rapid delivery of updates. Recently, they launched Pi App Studio, a GenAI-powered platform that allows users to create AI apps easily. This tool integrates with Pi's wallet, ad network, and new .pi domain system.
Additionally, a staking-based app ranking feature is being introduced, where users can stake Pi to promote their favorite apps within the ecosystem. This Web3-native approach could potentially increase engagement, something Pi Coin has been lacking lately.
Technical Indicators Hint at a Possible Rebound
From a technical perspective, there are some signs of hope. Pi is forming a double-bottom pattern around $0.3976, along with a falling wedge, which are often bullish signals. If the price holds and buyers enter the market, Pi could surge to $1, representing a nearly 90% gain. A breakthrough above $1 could push the price toward $1.6695.
However, if the $0.3976 support level is broken, this bullish setup will collapse, and the price could continue to decline.
Social media buzz surrounding Pi Coin is at its highest since mid-June, which could indicate heightened awareness and potential price movement. However, not everyone is convinced. CoinCodex forecasts that the price will fluctuate between $0.35 and $0.50 in July, with an average of around $0.397, reflecting a more cautious and bearish view than what chart analysts are predicting.
A major event this month is the unlocking of 309 million Pi tokens, which could significantly affect the market. Token unlocks usually increase supply and often lead to sell-offs, putting pressure on any price rally.
Could an Exchange Listing Provide Relief?
A listing on a major exchange like Binance or Upbit might help absorb the impact of the token unlock, creating fresh demand and possibly stimulating growth. Combined with Pi’s expanding ecosystem, this could be the key to shifting the market’s sentiment.
Blockchain Expert