Pi Network’s coin clawed back to about $0.61 after a flash crash took it below $0.50 and even briefly to $0.40, unsettling holders already frustrated by months of silence from the core team.
Promised ecosystem upgrades remain stuck in neutral, leaving price action to drift until the sharp drop jolted the community.
Supporters still float a $10 long-term target, pointing to Pi’s 70 million-plus user base and the fact that most mined coins remain locked.
Limited circulating supply, they argue, could magnify any future demand once apps or merchant ties finally materialize. Analyst “Dr Altcoin” recently claimed Pi would need double-digit pricing to function smoothly inside its own economy.
External headwinds complicate the outlook. Rising tensions between Israel and Iran have shaken global risk markets, and Pi has followed broader crypto weakness without sharing much in the upside.
Unless the project delivers tangible progress—and the geopolitical backdrop calms—talk of a rapid march toward $10 looks premature.
Ethereum co-founder and Consensys CEO Joe Lubin believes Ethereum’s growing use in corporate treasuries could redefine how traditional finance views the second-largest digital asset.
A wave of large-scale altcoin deposits has hit centralized exchanges over the past 24 hours, according to data from on-chain analytics platform Santiment.
Truth Social, the media venture linked to U.S. President Donald Trump, has taken a bold step into the digital asset space with a fresh filing for a spot cryptocurrency exchange-traded fund (ETF).
Large-scale investors are steadily increasing long positions in several overlooked altcoins, signaling a potential early-stage accumulation phase.