Can the PI coin surge back to $0.20 before the end of the year? Supply-chain pressure is the biggest obstacle 📉
Pi Network (PI) is currently trading at about $0.12, down more than 95% from its ATH of $2.98. While discussions about returning to $0.20 by year-end are gaining traction, the reality is this: the steady supply pressure from unlocking 150 million new tokens every month continues unabated, while the 24-hour trading volume is only around $9 million—liquidity is thin as paper.
Technically, PI is still being held below all major moving averages, and the RSI at 47.7 is neutral but slightly weak. To break up to $0.20, it first has to clear three key levels: $0.145, $0.159, and $0.175. The Pi2Day event might provide a short-term catalyst, but historically, rebounds after events like this usually fade quickly.
Conclusion: It’s not impossible, but it will require real ecosystem progress and stronger buy-side demand to back it up. Don’t just look at community size—on-chain activity and liquidity are what truly matter. DYOR! 🔍
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