The PI Network crypto coin is currently sitting at a key support level. If it drops below, we could see a bigger dip. But if it holds, we might see a bounce back up. Also, find out more about this new hot presale dropping soon, and it’s going to be gone fast.

DISCOVER: Top 20 Crypto to Buy in June 2025

PI Network Crypto: Can It Hold?

(PI/USDT)

Pi Network is a blockchain-based project that enables users to mine cryptocurrency using their smartphones. It’s got one of the biggest communities in crypto, and the ecosystem has now expanded after releasing the Pi browser and an independent wallet.

Looking at the chart, things are kind of leaning bearish. The Pi crypto price is stuck in a slight downtrend, bouncing between 0.63 and 0.64, which is a solid support level. If it drops below that, we might see it fall even further.

The RSI is at 43.96, just under the neutral 50 level. This indicates the market is bearish but not oversold yet. While everything chart-wise looks bearish, with the market moving positively, a lot of chartists expect a short-term bounce.

This all happened after Pi Network kicked off a wallet migration for users moving into its open mainnet phase. But a lot of users ran into issues like incomplete transfers, missing tokens, or wallets stuck in pending. The team responded, saying they’re aware of the problem and working on a fix. Still, this caused a lot of frustration in the community, making the bearish sentiment even stronger.

The coin is on big exchanges like OKX, Gate, and MEXC. However, the volume has been in notable decline over the last week. People want real utility and decentralization, so there needs to be a solid plan to bring fresh liquidity into the ecosystem.

This overall bearish vibe, especially with the market being so hot, is keeping a lot of investors away. Many are now shifting to alternatives, like this Solaxy presale below, which is seeing some serious volume spikes before it wraps up soon.

DISCOVER: Top Solana Meme Coins to Buy in June 2025

Solaxy: Raised 47M, Still At Cheap Price While Time Running Out

Solaxy ($SOLX) hits $47M in its presale and has dropped the first-ever public testnet for Solana Layer-2. With only 4 days left until the big launch of the coin, the token’s going to make waves in the Solana ($SOL) market and catch the eyes of a lot of long-term investors. With staking rewards, you can earn up to 88% APY.

Solaxy is an L2 that helps make developers’ lives easier to build dApps and connect with users, taking the huge pressure off Solana and unlocking its real superpower, like Arbitrum did for Ethereum when it was first launched a long time ago.

The $SOLX presale is your last chance to snag them at the lowest price before it goes live. Tokens are going for just $0.001744, but that price will keep rising every two days as the sale ends. Catch up while you still can.

Presales that pull in cash this quick and get loads of investor hype usually blow up 5x to 10x after launch. The savvy whales often scoop up these projects under the radar to maximize their gains. One whale recently grabbed over $400k worth of $SOLX on the Ethereum chain. Click here for the transaction ID.

Click Here To Get In The Presale; Very Limited Time Left.

Connect with the huge SOLX Online community on X and Telegram.

DISCOVER: Best New Cryptocurrencies to Invest in 2025

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Key Takeaways

  • Pi Network faces bearish sentiment, with volume declining and issues during wallet migration frustrating the community. 
  • Investors are shifting to alternatives, seeking fresh liquidity and utility as Pi Network struggles to attract attention.

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Ahmed Balaha
Ahmed Balaha
Crypto Journalist

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. He has a strong interest in financial literacy and sustainable investing, and he combines these... Read More

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