📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
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Price & Market Snapshot
0-1Current price: ≈ $0.358 (-11% in last 24 hrs) with ~$160–170 M trading volume – deepest dip since February 2025
306-0Circulating supply: ~7.7 B PI; market cap: around $2.78 B
409-0All-time high (ATH): ~$2.99 in February 2025—Pi is now down ~85–90% from peak
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⚙️ Key Drivers Behind the Sell-Off
🔓 Massive Token Unlocks
528-0August marks the release of ~160 M PI tokens, the largest monthly unlock ever, with daily new supply dropping to ~5M—affecting liquidity and pricing pressure
🚨 Lockup Program & Community Backlash
811-0Pi Network introduced 200% post‑migration lockup incentives, asking users to voluntarily freeze tokens—triggering backlash due to falling price, slow Mainnet rollouts, and perceived lack of utility
🐋 Mysterious Whale Accumulation
1089-0A single wallet (GAS…ODM) has amassed ~331M PI coins, raising speculation over insider accumulation or Pi Team buybacks. This may pull supply out of circulation—but also raises centralization concerns
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🧾 Technical Analysis & Outlook
📉 Near-Term Support & Resistance
1348-0Critical support zone: $0.32. Below this, panic selling could drive price toward $0.30 or lower
1562-0Resistance levels: $0.40–0.44. Clearing this zone could ease bearish momentum. A break above $0.47–$0.50 could signal a reversal toward $0.63–$0.74
📉 Indicator Signals
1751-0MACD momentum is weak or bearish; RSI is oversold (~26), signaling possible short-term bounce but overall bearish structure remains
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📅 Medium-Term Outlook (Aug–Dec 2025)
1959-0One forecast suggests prices may lift to $0.58–$0.60 by late 2025, assuming ecosystem development picks up and unlock supply tapers off . 2166-0CoinCodex projects a rebound into the $0.267–$0.29 range in September with ~20% gains from current levels—if downside is avoided .
2321-0More bullish long-term stances (e.g., Dr. Altcoin) argue for higher returns over several years, citing analogies with early BTC/ETH accumulation cycles .
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⚠️ Risks & Watchlist
Risk Factor Impact
Continued unlocks Persistent inflation pressure unless uptake matches supply
Lack of utility Slow ecosystem rollout undermines use-case expansion
Community trust Discontent over lockups, listing delays, and PR missteps
👉 Watch for milestones such as Binance listing, Mainnet Open release, and real-world dApp adoption to shift sentiment.
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✅ Summary
Pi Coin is in steep decline—down ~85–90% from its ATH—as large token unlocks, weak momentum, and lack of utility overshadow accumulation narratives. Short-term risk prevails unless the price can reclaim $0.40–0.44 resistance. On the upside, successful lockup participation, ecosystem growth, and potential listings could stabilize supply and foster 'buy-the-dip' interest. For patient investors, mid-to-late 2025 may present recovery windows, but sentiment is fragile.