Potential factors causing a potential surge in Pi Network's value within the upcoming weeks.
In the world of cryptocurrencies, the Pi Network continues to hold a unique position, with its focus on inclusivity, accessibility, and sustainability setting it apart from many other digital assets. However, the current market sentiment towards Pi is bearish, and predictions for a significant price increase before the end of August 2025 remain uncertain.
Users interested in investing in Pi can do so on platforms like Bitget, where the current price hovers around $0.36 for the Pi/USDT pair. New users can create an account, deposit funds, and access the Pi market to make their investment. Bitget also offers the option to place market orders for immediate purchase or limit orders to set a target price.
Simon Dumoulin, a cryptocurrency enthusiast and reliable writer, has been penning clear and accessible articles about the Pi Network and other crypto news. Dumoulin's insights aim to make the complex world of cryptocurrencies more understandable to everyone.
The Pi Network development team is taking its time to refine the technical and economic details of the project before communicating further. This patient approach is shared by Dr. Altcoin, a seasoned crypto analyst, who prefers to build long-term trust by consolidating the Pi Network ecosystem sustainably rather than rushing.
Recent analyses have suggested that Pi has been in a downtrend since mid-May, with no clear signs of recovery. The token reached a record low near $0.32, and further declines are possible. Technical indicators like MACD and RSI currently signal bearish momentum and possible continued price weakness.
Price forecasts by various firms show a broadly bearish to neutral outlook for August 2025, with average prices ranging roughly from $0.25 to $0.85. More optimistic price targets (above $1) are projected only beyond August. Upcoming events in September, such as the Pi Hackathon evaluation and the .pi domain auction, may help ecosystem growth but are unlikely to drive immediate price spikes in late August.
Despite the bearish outlook, Dr. Altcoin remains optimistic about Pi's future and believes the price should start to increase towards the end of August. The development of Pi's AI app studio creates new practical use cases for the token, which could contribute to a potential price rise in the future.
Integrating Soroban, a smart contract platform on the Stellar network, will further enhance Pi Network's technical capabilities. Additionally, investments in OpenMind and future startups add long-term value and strengthen confidence in the Pi Network project.
Binance, another major cryptocurrency exchange, is closely monitoring the Pi Network project but is waiting for more clarity on the roadmap before taking any action. At present, Pi Network (PCT) is not listed on Binance, as both parties are not yet ready for this major step.
In conclusion, while some enthusiasts and analysts like Dr. Altcoin may suggest a rise, broader market data, price action, and expert forecasts do not currently support a strong or reliable expectation of Pi Network’s price increasing significantly before the end of August 2025. The token remains under selling pressure with bearish market sentiment.
Investors looking to get involved with Pi can utilize platforms like Bitget, where they can create an account, deposit funds, and buy Pi. (investing, technology)
Simon Dumoulin's articles on the Pi Network aim to make the complex world of cryptocurrencies more understandable to everyone, highlighting the development team's focus on sustainability and inclusivity. (finance, technology)