{"id":80881,"date":"2025-07-15T11:37:56","date_gmt":"2025-07-15T11:37:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=80881"},"modified":"2025-07-15T11:37:56","modified_gmt":"2025-07-15T11:37:56","slug":"pi-network-pi-bull-run-dead-analyst-reveals-the-breaking-point","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=80881","title":{"rendered":"Pi Network (PI) Bull Run Dead? Analyst Reveals the Breaking Point"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

PI continues to struggle, with some analysts naming several reasons why its bull run could be over.<\/span>
\nAmong the factors is the increased number of token unlocks.<\/p>\n

<\/a><\/span><\/h2>\n

$10 Isn\u2019t Happening<\/h2>\n

Despite the pullback witnessed over the past several hours, the cryptocurrency market has been <\/span>booming<\/span> in the last week or so.<\/span> Bitcoin (BTC) reached<\/a> a new all-time high of approximately $123,000, Ethereum (ETH) surged by 17% weekly to cross $3,000, while Ripple (XRP) briefly surpassed<\/a> $3.<\/span><\/p>\n

Nonetheless, Pi Network\u2019s PI did not follow the overall rally. It remains in red territory on a seven-day scale and currently trades at around $0.45 (per CoinGecko\u2019s data).<\/span><\/p>\n

Its weak performance has drawn attention from some market observers who believe the asset\u2019s bull run may be over. Recall that PI <\/span>reached<\/span><\/a> an ATH of roughly $3 towards the end of February, but since then, it has been on a steep decline.\u00a0<\/span><\/p>\n

The X user <\/span>pinetworkmembers<\/span> support<\/span>s<\/span><\/a> the thesis that the token has no chance to post substantial gains during this bull cycle.\u00a0<\/span><\/p>\n

\u201cI would be the first one who would like to see PI at $10, but that isn\u2019t happening this bull market,\u201d they predicted.<\/span><\/p>\n

According to them, the coin\u2019s price has hit lower lows on higher time frames, which shows weakness. The X user also noted that PI managed to rise only to $0.53 amid BTC\u2019s explosion and later retraced well below $0.50.\u00a0<\/span><\/p>\n

The analyst believes the asset\u2019s downtrend is the result of \u201cno presence of liquidity, increased amount of unlocks, low demand, low buy pressure, and a CT that keeps all the control in their hands instead of accepting the help from decentralized community devs.\u201d<\/span><\/p>\n

It is worth noting that approximately 200 million PI tokens <\/span>are scheduled<\/span> for release over the next 30 days. The development doesn\u2019t guarantee a mass exit, but it will allow investors to offload assets they have been waiting for a long time.\u00a0<\/span><\/p>\n

<\/a>PI Token Unlocks, Source: Piscan.io<\/p>\n

Lastly, the X user assumed that some might see PI\u2019s downfall as \u201cthe end,\u201d while others could interpret it as an opportunity to increase their exposure.\u00a0<\/span><\/p>\n

The Flow to Exchanges<\/span><\/h2>\n

The amount of PI tokens stored on crypto exchanges continues to rise. The <\/span>netflow<\/span> for the past 24 hours <\/span>stands<\/span><\/a> at almost 500,000 new coins, bringing the total number to over 385 million. Gate.io leads the way on that front, with approximately 181 million tokens, followed by Bitget with 134 million.<\/span><\/p>\n

Shifting from self-custody methods to centralized platforms is typically viewed as a bearish factor, as it increases the immediate selling pressure.<\/span><\/p>\n

Meanwhile, if you want to find out why PI\u2019s price might be on the edge of a <\/span>major<\/span> move, feel free to check our dedicated article <\/span>here<\/span><\/a>.\u00a0<\/span><\/p>\n

The post Pi Network (PI) Bull Run Dead? Analyst Reveals the Breaking Point<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PI continues to struggle, with some analysts naming several reasons why its bull run could be over. Among the factors is the increased number of token unlocks. $10 Isn\u2019t Happening Despite the pullback witnessed over the past several hours, the cryptocurrency market has been booming in the last week or so. Bitcoin (BTC) reached […]<\/p>\n","protected":false},"author":0,"featured_media":80882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80881"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80881"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/80882"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}