#PI# Pi Network has significant uncertainty in its price movement on August 8 and for a period thereafter, influenced by factors such as token unlocking, whale accumulation, and ecological development. The specific analysis is as follows:



Price support factors: As of early August 2025, a mysterious Whale has accumulated over 350 million PI, buying heavily during price declines and removing Tokens from circulation, which helps to alleviate selling pressure. On August 1, over 3.3 million PI were actively locked up, indicating that many holders chose to hold rather than sell, which also provides some support for the price. From a technical indicator perspective, the Relative Strength Index (RSI) is in the oversold range, suggesting that the recent decline may have been too severe, indicating a demand for a rebound. If buying pressure increases, the price is expected to rise.

Price suppression factors: In August, approximately 160 million PI Tokens will be unlocked, increasing the circulating supply by about 2%. Historical experience shows that such a surge in supply often triggers sell-offs, especially when market confidence is weak, which may lead to price declines. In addition, the Pi Network faces issues such as delays in mainnet opening, limited liquidity, and high transaction failure rates, affecting market confidence and also suppressing prices.

Future price movement prediction: If the support level of $0.32 can be maintained, selling momentum may weaken, and the price is expected to retest the $0.50 level. If the closing price breaks through this level, it may rise to $0.58 - $0.60. However, if $0.32 cannot be maintained, the price may decline further. In the absence of positive news such as confirmation of listings on major exchanges or significant advancements in the ecosystem, the most likely price movement in August will be a consolidation between $0.32 and $0.50.
PI-6.69%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
PawnCrossingTheRivervip
· 08-08 02:40
There is no decentralization; it's all a game of capital.
View OriginalReply0
Bigpovip
· 08-08 02:35
Why did the Whale buy 350 million, yet it still fell so much? What if the Whale stops buying?
View OriginalReply0
IAmCrazyForJunvip
· 08-08 02:06
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)