Will Pi Coin be able to break down the downtrend after Chengdiao Fan speaks at TOKEN2049?

The price of PI is currently trading at about 0.346 USD as of early September 2025, falling approximately 46% in the past three months and down about 88% from the all-time high of 2.99 USD on February 26, 2025.

At the end of August, PI recorded a low of nearly 0.331 USD. In this context of falling prices, Dr. Chengdiao Fan, co-founder of Pi Network, will speak at the TOKEN2049 conference held in Singapore (1–2 months 10), where Pi Network is the Gold sponsor.

The user community hopes that this prominent appearance will stimulate a short-term price increase. A user on platform X (Twitter) advised their followers to "buy when the price falls! … as usual, there will be a short-term price increase" around the time of the event.

The official announcement from Pi Network on X regarding Dr. Fan's speech at TOKEN2049 attracted around 11,000 likes, indicating strong interest from the community.

The Singapore Conference Sparks Hope for Pi Prices in the Short Term

Pi Network confirmed on September 8 that Dr. Fan will be speaking at TOKEN2049 and that this project is a Gold sponsor. TOKEN2049 ( takes place from October 1–2 in Singapore) and is one of the largest cryptocurrency conferences in Asia.

In the official blog, the Pi Core Team stated that Dr. Fan will focus on "practical utility" and the challenges of Web3. This announcement immediately restored optimism within the community.

Regarding the prospects of the Pi coin, a Pioneer ( Pi user stated: "My expectation is... an update on the roadmap of the Pi Network." Another person predicts that there will be a price increase "in the 15 days before TOKEN2049," reflecting trends that have been observed in previous events.

Currently, the price of Pi is approaching the resistance level of 0.34 USD, and a sustainable breakout above this level could trigger a significant price increase.

Technical indicators ), for example, Bollinger Bands( are currently in a neutral to bullish state, therefore, surpassing the threshold of 0.35 USD could push the price of PI up to 0.40 USD. In summary, this event has created a short-term optimistic sentiment: many in the Pi community are expecting a correction in the current downtrend.

PI Price Analysis

As of September 9, 2025, the market capitalization of Pi Network reached approximately 2.78 billion USD. The current circulating supply is about 8.04 billion PI out of a total of 100 billion PI ) fully diluted(.

The trading volume in the last 24 hours has fluctuated around 32–33 million USD. The Pi coin is traded on various exchanges, and previous appearances at conferences have had a predictive impact on the value of PI.

In May 2025, Pi co-founder Nicolas Kokkalis spoke at the Consensus conference. This announcement coincided with a price surge in the days leading up to the conference, but afterwards, the price of PI fell sharply – a typical "sell the news" scenario.

This history lowers current expectations. Analysts warn that any price increase at TOKEN2049 may be only temporary if Pi does not achieve specific advancements.

Currently, the signs of price increase are modest: data from Bitcoin Magazine shows that Pi has only increased by 0.1% in the past 24 hours, compared to a fall of 19.2% in the past 30 days.

An important tweet pointed out that "the use of testnets is almost non-existent," and liquidity on the exchange is falling. These responses emphasize that without new fundamental factors, any price increases could quickly disappear.

Supply Risks and Token Unlocking on Exchanges

In addition to the excitement from the event, the Pi coin faces increasing challenges from the supply side. On-chain data shows that hundreds of millions of PI tokens are being issued and transferred to exchanges.

The cryptocurrency analysis company PiScan ) was cited by the media ( reporting that in July 2025, approximately 269 million PI were unlocked, in August 132 million PI, and in September 115 million PI.

The Pi coin is expected to issue 116 million tokens in September 2025 ) approximately 33 million USD( and a total of 400 million from September to December 2025. These unlocks represent a significant new supply entering the market each month.

At the same time, the balance on the exchange is increasing. More than 370 million Pi is currently being held on exchanges as of July 2025. This is a 40% increase over four months, indicating increasing selling pressure.

On X, cryptocurrency analysts have warned that rising reserves on the exchange pose a "serious risk" to the price of PI. In a tweet, an account analyzing Pi noted that "370 MILLION PI tokens were just added to the exchange in July... a 40% surge."

Pi Network: Breakthrough or Fall?

The Pi coin is currently still in a technical downtrend. A breakout above the short-term resistance level of )0.34–0.35 USD( could trigger a rally up to 0.40 USD, but sustaining the breakout will be a significant challenge.

![Can Pi Coin break the falling trend after Dr. Chengdiao Fan's speech at TOKEN2049?])https://img-cdn.gateio.im/webp-social/moments-55b1459ae5d56f000a6c13e79b6129a6.webp(PI price chart | Source: TradingViewThe excitement from the conference may increase volatility at the end of September and early October, as seen in previous cycles. However, a long-term recovery depends on more factors than just promotion.

As one analyst summarized, "the long-term impact will depend on the network's ability to make real progress beyond the conference."

In summary, TOKEN2049 may drive a short-term price increase, but without fundamental factors, Pi Coin may quickly continue its downtrend under pressure from new unlocks and selling pressure on the exchange.

Mr. Teacher