Pi Coin Price: Will Pi Network Bounce or Rug Pull?

Bittime - Pi Coin, a crypto asset from the Pi Network, experienced a significant price decline, many people questioned the future of this coin. Does Pi Coin have a chance to recover, or will it be trapped in a rug pull scenario? 

This article will discuss the current condition of Pi Coin, factors that influence its price, and future prospects.

Current Conditions of Pi Coin Prices

In recent months, the price of Pi Coin has plummeted by 83% from its peak of $3 in February 2025 to $0.51. Per April 5, PI coin price down to the level $0.49. 

This decline sparked concern among the crypto community, especially regarding the alleged existence of a potential rug pull. 

One of the main reasons is the highly centralized structure, where 50% of the coin supply is controlled by insiders, including the development team and foundations.

Additionally, rejection from major exchanges such as Binance further worsened the situation. With limited liquidity and negative market sentiment, Pi Coin has struggled to maintain its value. 

Even technical indicators such as RSI show that this coin is in the oversold zone with a value of 29, while MACD is still dominated by selling pressure.

Also read: Pi Network Price Prediction According to Experts

Factors Affecting Pi Coin Price

There are several big factors influencing Pi Coin's current price movement:

1. Centralization and Transparency Concerns  

   The centralized structure of coin supply makes investors worry about price manipulation by internal parties. This has led to speculation that this project could end up as a rug pull.

2. Listing Speculation on Coinbase  

   Hope emerged after Coinbase's Chief Legal Officer, Paul Grewal, posted the Pi Network logo on March 14, 2025. If Coinbase does list Pi Coin, this has the potential to increase liquidity and investor confidence.

3. Lack of Major Exchange Support  

   Rejection from major exchanges like Binance limits Pi Coin's exposure and accessibility in global markets.

4. Proposed Token Burning  

   Some analysts suggested that the Pi Network team should burn tokens to reduce supply and improve price stability.

Future Prospects: Bouncing or Free Falling?

The future of Pi Coin really depends on the strategic steps of its development team. There are two major scenarios that may occur:

- Positive Scenario:  

  If Coinbase actually lists Pi Coin or the development team adopts a token burning mechanism, the price of this coin could rise again towards the psychological level of $1. This can also restore community confidence in this project.

- Negative Scenario:  

  If negative sentiment continues to dominate without any concrete steps from the development team, the Pi Coin price has the potential to fall further to reach $0.40 or even lower.

Conclusion

Pi Coin is currently at a crossroads between the chance of recovery and the risk of complete collapse. For investors interested in this asset, it is important to continue monitoring developments in the development team's tokenomics policy as well as potential listings on leading exchanges such as Coinbase. 

While there is a chance of a rebound, risks remain high given the centralized structure and lack of transparency.

FAQ 

1. Why did the Pi Coin price drop drastically?

The price drop was caused by concerns over the centralization of coin supply, lack of support from large exchanges such as Binance, as well as high selling pressure in the market.

2. Will Pi Coin be listed on Coinbase?

There are speculations that Coinbase might list Pi Coin after Paul Grewal's post in March 2025. However, there is no official confirmation regarding this.

3. What is a rug pull in a crypto context?  

Rug pull is a situation where a developer or internal party withdraws all funds from a crypto project suddenly, leaving investors with worthless assets.

4. Can token burning help the price of Pi Coin?  

Yes, token burning can help reduce the supply of coins in the market thereby increasing scarcity and potential price increases.

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Author: Irwan