Pi Coin Price Prediction: After a big pump of 32%, heavy selling pressure, can 3.36 million KYC approvals boost the coin price?

Pi Coin price has seen a big pump of 32% in a single day, but capital outflow has hit a new low. Technical indicators show that the support level of $0.229 is critical. Additionally, the Pi Network ecosystem has welcomed several major developments recently, including multiple upgrades to the Pi App Studio and 3.36 million KYC identifications passed to accelerate the Mainnet migration. Can this series of Favourable Information continue to boost the price of Pi Coin?

Pi Coin price trend analysis: big pump followed by profit taking

Pi Coin (PI) experienced a sharp rise of 32% in price over the past 24 hours, briefly igniting hopes for a sustained rebound. However, as traders quickly locked in profits, this optimism soon faded, and the selling behavior of investors put significant pressure on the PI price.

capital outflow and bearish signals

  • CMF drops to a low point: Chaikin Money Flow, CMF( indicator has sharply fallen to its lowest point in nearly two months. This indicates that a significant amount of capital is flowing out of the market, with traders quickly taking profits from a brief rise rather than holding out for higher returns.
  • Bear market sentiment is rising: A sharp decline in CMF usually signals an increase in bearish sentiment. If this capital outflow and the weakening of investor confidence continue, it will severely limit the recent recovery prospects of Pi Coin.

) technical indicator conflict and key support level

  • RSI turns positive: Despite continuous capital outflow, the Relative Strength Index ###RSI( has sharply risen from the bearish zone (below 50.0) to the positive zone in the past 24 hours. This usually indicates short-term bullish potential.
  • Key support level: The price of Pi Coin is currently stable at the key support level of $0.229. It is crucial to hold this level. If it can bounce back here and attract buyers to return, the price of PI is expected to rise to $0.256 or higher.
  • Downside Risk: Conversely, if the $0.229 support level is broken, the PI price may drop to $0.209, or even retest $0.198. This would negate the short-term bullish outlook and confirm that Pi Coin enters a sustained short-term bearish phase.

Pi App Studio Major Upgrade: AI-Powered Ecological Innovation and Community Integration

Pi App Studio has recently launched a major update aimed at making app creation more convenient, more customizable, and better integrated into the Pi ecosystem, thereby enhancing the experience for creators and users.

) Enhance AI-assisted customization capabilities

  • AI generation function expansion: Chatbot and custom application developers can now use AI to generate application icons ###Logo(. Additionally, the workflow of the chatbot has added the feature of AI-generated welcome messages.
  • Iterative Improvement: App Studio now supports further AI-assisted editing for chatbots and custom applications, allowing creators to iterate and improve directly within the workflow.

) Improve usability and discoverability

  • Desktop access: Pi App Studio can now be accessed directly from the top navigation bar of Pi Desktop, alongside the Pi mining application and nodes, replacing its previous position in the “Tools” tab.
  • Application Discovery New Interface: App Studio has introduced a new application discovery interface, allowing Pi Pioneers ###Pioneers( to explore, vote, and stake )Staking( Pi coins for community applications. The applications showcased in this interface also provide inspiration and reference for other developers.
  • Classification and Guidance: Creators can now assign “categories” to their applications, which will be displayed in the ecosystem interface of the Pi browser, making it easier for users to browse and find. Additionally, the homepage has added a demo video for App Studio, providing a quick start guide.

Major Breakthrough in KYC Process: 3.36 Million Pioneers Fully Approved

Pi Network has made milestone progress in the KYC process, enabling millions of “provisional KYC” pioneer users to complete full verification through the new system process.

) 3.36 million users have fully passed KYC

  • Large-scale system verification: The recently released system process has undergone additional complex mechanism checks for the “Tentative KYC ###” case. This process utilizes advanced AI models and analyzes large datasets from live detection and KYC application data.
  • Significant achievements: More than 4.76 million provisional KYC pioneer users qualify for completing full KYC, of which over 3.36 million pioneer users have fully passed KYC identification.
  • Ensure Network Integrity: These verifications aim to ensure that each applicant is a genuine live user and to prevent fraudulent accounts from passing the verification, thereby maintaining the “one person, one account” policy and ensuring fairness for the network and honest pioneers.

( Mainnet migration acceleration

  • Among the 3.36 million pioneers who have fully completed KYC, approximately 2.69 million have successfully migrated to the Mainnet ) blockchain.
  • Call to Action: For the pioneers who have not yet migrated to the Mainnet, the officials urge them to check their KYC status and complete the “Mainnet Checklist ###Mainnet Checklist(” for migration.
  • More users are waiting to be unlocked: There are an additional 3 million pending KYC cases. If users submit the required additional )Liveness Checks(, they will be able to complete the verification through the new system process.

Conclusion

The “roller coaster” performance of Pi Coin prices clearly reflects that the market is still seeking a balance between speculation and practicality. In the short term, the severe outflow of CMF and the key support level of $0.229 will determine whether the PI price will continue to consolidate or dip further. However, from a macro perspective, the latest achievements of Pi Network in ecosystem construction and KYC advancement are the real catalysts. The influx of 3.36 million new users through KYC, especially the 2.69 million users who completed the Mainnet migration, has laid a stronger user foundation for the Pi Web3 ecosystem. As Pi App Studio continues to enhance developer tools and AI customization capabilities, the core value of Pi Network will gradually shift from speculation to practical utility and decentralized scale. Pioneer users should complete the Mainnet Checklist as soon as possible to fully participate in this ever-growing network.

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Art05vip
· 14h ago
Sorry, this does not include me.
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GateUser-faea9943vip
· 15h ago
Quick enter a position!🚗
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GateUser-faea9943vip
· 15h ago
Hurry up and enter a position!🚗
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