💥 Gate Square Event: #PTB Creative Contest# 💥
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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#PI# The price movement of Pi Network is uncertain in the short term after August 10, influenced by various factors such as token unlocking and whale accumulation, and may fluctuate within a certain range. In the long term, it depends on the development of its ecosystem. The specific analysis is as follows:
Short-term price movement: As of early August 2025, the trading price of Pi coin is between $0.35 and $0.40, with $0.32 being a key support level in the short term. If it holds, it indicates a reduction in selling pressure; if it breaks below, it may further decline. On the upside, recent resistance levels are between $0.40 and $0.42, with stronger resistance between $0.50 and $0.52. Technical indicators show that the relative strength index is in the oversold zone, and the Bollinger Bands are widening. If buying pressure increases, Pi coin is expected to retest $0.50. If the closing price breaks this level, it may pave the way for an increase to between $0.58 and $0.60. However, without positive news, the most likely scenario in August is consolidation between $0.32 and $0.50.
Factors affecting short-term price movement: On one hand, there are Whales buying large amounts when the price drops and withdrawing hundreds of millions of Pi coins from exchanges, and over 3.3 million PI coins have been voluntarily locked up since the beginning of August, which helps alleviate selling pressure. On the other hand, approximately 160 million PI Tokens will be unlocked in August, increasing the circulating supply by about 2%. Historically, such increases in supply often trigger sell-offs when market sentiment is weak, which may put downward pressure on the price.
Long-term price movement: In the long run, the future price of Pi Network depends on whether it can transform its large community base into real applications and sustained network efficiency. If good progress is made in technical upgrades, ecosystem development, mainnet migration, and issues such as high transaction failure rates and slow KYC verification are resolved, along with the listing on more mainstream exchanges, its price may perform well. Conversely, if the project faces setbacks and fails to deliver on its promises, the price may struggle to recover.