CryptoEye

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Pi Network is doubling down on gaming as a key catalyst for driving user engagement and utility across its ecosystem. The newly launched FruityPi game is the latest example of how developers can harness the power of Pi’s native tools, including the Pi cryptocurrency, Pi Wallet, and Pi Ad Network, to create fun, functional, and monetized applications.

The Pi Network token (PI/USDT) has dropped over 75% in value since its February peak, currently trading around $0.6793.
Despite a recent surge in trading volume, sell pressure is rising due to increased exchange inflows and an upcoming supply boost from token unlocks.

The S&P 500 and the Nasdaq rose on Thursday, boosted by Nvidia after the AI-chipmaker posted strong revenue growth, while investors also assessed a federal court ruling that blocked most of U.S. President Donald Trump's tariffs.

Pi Coin Pi Network
PI
-4.92%
Pi Network is trading at $0.7504 at press time, up just 0.2% over the last day. In the past seven days, the token has fluctuated between $0.7406 and $0.8586, and it is still 74% below its peak of $2.99 in February

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Strategy purchased 4,020 BTC between May 19–25 for $427.1 million
The firm now holds 580,250 BTC, purchased for over $40.6 billion.
The latest acquisition was funded through three different at-the-market programs.

Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem.

Pi Network’s price recovery to $1 slows amid weakening correlation with Bitcoin, now at 0.25 and declining further.
Technical indicators show a strengthening downtrend, with ADX at 32 and Parabolic SAR signaling continued price falls.
Support at $0.71 is critical; breaking below may push Pi down to $0.61, while resistance at $0.78 and $0.87 must be breached for a bullish reversal.

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Crypto analyst Atlas has labeled Pi Network as 2025’s biggest rug pull after a 12 million-token dump crashed Pi’s price by 50%. The anonymous sell-off occurred days after Pi surged to $1.60 on speculation, sparking allegations of insider manipulation

Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem

Bitcoin traded above $106,000 on Monday, its closest level to the January all-time high of $108,786.
U.S. spot Bitcoin ETFs saw $2.8 billion in net inflows in May, with total assets exceeding $122 billion.
Inflation concerns have resurfaced after Walmart warned of tariff-related price hikes hitting shelves this summer

Pi Network users have made allegations of rug pull against the project's creators following the recent price drop. In a post on X, one of the prominent members of the Pi Community, Dr. Picoin, claimed that insiders sold off millions of tokens.
According to Dr. Picoin, the sell-off by insiders occurred after recent announcements regarding upgrades and improvements to the Pi Network at Consensus 2025. He claimed that the hype surrounding these announcements drove the value of PI high and insiders took all opportunity

Crypto markets slipped alongside stocks after Moody’s cut the U.S. sovereign credit score to Aa1, triggering risk-off sentiment and fresh concerns over government debt and macro stability.

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Pi Network’s native token PI has plunged more than 30% in the past 24 hours, trading at $0.8405 at press time despite a major ecosystem development.